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Consultancies. learning is the heart of capitalism. learning is finding out things you don't already know. and that depends on openness to creativity, to surprise, and surprise is really crucial to capitalism. you can't predict products of a really creative process. mark: so when the government gets in the business of regulating that, of redistributing wealth, of punishing some businesses, subsidizing other businesses, am i correct in hearing what you're saying is it's an attack on many things but especially knowledge. >> if you -- a government guarantee prohibits learning and thus prohibits e...

Princeton economist once put it, of creativity always comes as a surprise to us, and if it didn't, planning would prevail and socialism would work. creativity is the foundation of capitalism. and this is -- and socialism is based on planning. it's based on the assumption that we'd already know all we need to know in order to plan our future, and so it leads to tyranny, and that's really the difference. liberty versus tyranny as someone once put it. mark: isn't this the general problem with progressivism, across the board. that is they think they know all they need to know, and now it's just a ...

Redistributing. isn't that part of the problem, that's easy for people to understand where the future is difficult for people to understand. >> the future is unpredictable and in order to deal with it successfully, you'll have to learn, and learning has a lot of constraints. economic growth is the increase of knowledge and the increase of knowledge is learning, and the most widely documented phenomenon in all business is called the learning curve, with every doubling of total sales, you get a 20-30% drop in prices or in costs. and this drop in costs is evident across all industries. documented...

Consultancies. learning is the heart of capitalism. learning is finding out things you don't already know. and that depends on openness to creativity, to surprise, and surprise is really crucial to capitalism. you can't predict products of a really creative process. mark: so when the government gets in the business of regulating that, of redistributing wealth, of punishing some businesses, subsidizing other businesses, am i correct in hearing what you're saying is it's an attack on many things but especially knowledge. >> if you -- a government guarantee prohibits learning and thus prohibits e...

Consultancies. learning is the heart of capitalism. learning is finding out things you don't already know. and that depends on openness to creativity, to surprise, and surprise is really crucial to capitalism. you can't predict products of a really creative process. mark: so when the government gets in the business of regulating that, of redistributing wealth, of punishing some businesses, subsidizing other businesses, am i correct in hearing what you're saying is it's an attack on many things but especially knowledge. >> if you -- a government guarantee prohibits learning and thus prohibits e...