Robert Meister Believes Justice is an Option

So, now I've developed a way of talking about revolution as an option that can't be exercised, but that still has present value and I've set up a mechanism for saying what that present value is. Namely the value of the liquidity premium that a democracy that consents to maintaining accumulated wealth can extract for guaranteeing that the wealth continues to accumulate. Robert Meister A full transcript is available at www.democracyparadox.com or a short review of Justice is an Option: A Democ...