Quote:
That might not make it easier.
If you suppose some kind of tradable wealth,
there would be huge and sudden capital inflows,
with pretty wild effects on the economy,
both macro and micro.
The Netherlands had this problem (on a very different scale, of course),
when they discovered their North Sea gas fields.
Alberta is starting to have some of these problems now.
(also on a very much smaller and manageable scale)
Just saying that such a vast amount of wealth would create a whole bunch of problems, too.
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I did mention there would be a period of adjustment. But the problems of adjustment seem minor to eliminateing poverty, preventable disease, stabilizing climate change and so on. Winning the lottery causes problems, but they are problems that most people are willing to put up with.