In this episode, I talk about the importance of IQ, and why you should never underestimate stupid people. I use the analogy of a desert island, where there are only two products to make: apples and oranges, and one person can only make a certain number of them. And yet, if they trade, they will both be better off.
00:04:08.400But see, economics, as with any true science, when you start looking into it, starts coming up with some very counterintuitive and very surprising outcomes.
00:05:18.000Even though Joe is absolutely better at everything, their skills are not perfectly aligned.
00:05:28.880And so, by trading, by each focusing on their specialty, they are still better off than if they didn't trade.
00:05:38.000It's important to remember that with the human species, that as divergent as our brains are, as different as we are from one another.
00:05:53.400You know, you have the, in all of human mind space, you've got the greatest tyrants and the greatest humanitarians.
00:06:03.200You have a huge amount of space, on the one hand, until you start comparing human minds to animal minds.
00:06:10.800And the difference between a genius and a retard, assuming we're, we're talking about somebody with a low IQ, not somebody with brain damage or an extra chromosome.
00:06:24.300The difference between those two minds is absolutely minuscule, as between that human mind and a dog, or a chimpanzee, or a dolphin.
00:06:36.160You see, you take the chimpanzees, you put them on an island, you run an experiment to see what happens.
00:06:47.540You run that experiment a thousand times, each time you're going to get the same result.
00:06:52.940The chimpanzees never rise above basic animal behavior.
00:06:58.260They can learn to use a stick to poke an anthill, but they can never conceptualize grammar, the order of thought.
00:07:05.640And they can never, they can never find a way to overcome their animal natures, to maximize their animal natures.
00:07:27.860Now there is, there is an element that you do need a certain percentage of the population with an IQ above a set number to achieve any level of civilization.
00:08:26.860If you're on a desert island with a person that's a stupid person, you are still better off working with that person than working all by yourself.
00:08:36.880The stupid people have a lot of untapped human potential in them.
00:08:42.340And it says quite a bit about our society that the only time that potential gets tapped is once they're in prison and being slothful no longer benefits them.