Podcasts about fa hayek

What's Left of Philosophy

Play Episode Listen Later Jul 26, 2023 70:17

On this special crossover episode, Ideas of India podcast host, Shruti Rajagopalan, interviews Peter Boettke on Austrian economics and the knowledge problem. In this, the first half of their conversation, Boettke speaks on the writings of FA Hayek, the knowledge problem, calculation versus coordination, markets and institutions, the marginalists, issues of perfect competition, and much more!Check back on August 9th for the second part of this conversation or check out the Ideas of India Podcast to get early access to the full episode!Shruti Rajagopalan is a Senior Research Fellow at the Mercatus Center, a Fellow at the Classical Liberal Institute at New York University School of Law, and host of the Ideas of India Podcast. Previously, she was an Associate Professors of Economics at Purchase College, State University of New York.Learn more about Shruti Rajagopalan's work here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

68 | F.A. Hayek's The Road to Serfdom: Competition, Individualism, and the Politics of Reaction

Play Episode Listen Later Jun 27, 2023 57:48

In this episode, we discuss the ideas of economist and political philosopher F.A. Hayek as they appear in his 1944 book The Road to Serfdom. This influential book was written in response to what Hayek saw as the trend towards socialism in the mid-twentieth century and it offers his defense of “classical liberalism.” We examine the political and epistemological premises of Hayek's theory of liberty and free markets, question his assumptions on human nature and cooperation, and near the end critique his odious conflation of communism and fascism. Say what you will about Hayek: at least he saved us from being subordinated and unfree! ...Right?patreon.com/leftofphilosophyReferences:F.A. Hayek, The Road to Serfdom, edited by Bruce Caldwell (Chicago: The University of Chicago Press, 2007).F.A. Hayek, The Constitution of Liberty, edited by Ronald Hamowy (Chicago: The University of Chicago Press, 2011).Quinn Slobodian, Globalists: The End of Empire and the Birth of Neoliberalism (Cambridge: Harvard University Press, 2018).Music:Vintage Memories by Schematist | schematist.bandcamp.com

politics birth empire competition constitution individualism hayek chicago press serfdom quinn slobodian road to serfdom fa hayek schematist globalists the end

#204 The Distant Roll Of Thunder

Anticipating The Unintended

Play Episode Listen Later Mar 12, 2023 25:56

Global Policy Watch: Accident Ho GayaInsights on global policy issues relevant to India— RSJI must admit there are times when I have made a big deal about writing this newsletter. Not about the content, mind you. I'm not that vain yet. But the regularity of it all. Getting about 4000 words out between the two of us every week isn't trivial stuff. But then there are weeks I ask myself if it is really a big deal. I mean, there are weeks when there's so much happening in policy, politics and macro spheres that things just write themselves. I have been in what could be called writing self-help groups where people bemoan their writer's blocks and the soul-crushing experience of staring at a blank word document with the cursor blinking. To them, I have two pieces of advice. Switch to writing on public policy. And don't bother much about quality (speaking for me here, not what Pranay produces). Voila! You get something like 50% of this newsletter.Anyway, coming back to this week. Sometime midweek, I thought it might be a good idea to write about the state of opposition in India in the light of Rahul Gandhi's Bharat Jodo Yatra and his media engagements in Oxford. There's always space for the opposition in India despite the brutal electoral majority of the party in power, as we have seen in the past. This was evident during the yatra. What is also evident now is that there's a complete lack of understanding on the part of Rahul Gandhi on issues that can animate the electorate. So, he can only hope for the party in power to hit self-destruct mode to score an electoral victory. What's worse is he has terrible ideas of his own and a tin ear for good advice. His acolytes defend him saying he's sincere. I can only say when you combine sincerity with bad ideas, you get demonetisation and instant lockdowns. Back to the point. As I was thinking of writing about this, news came in of Manish Sisodia, the deputy CM of Delhi, being taken into custody by ED for what's being called the liquor scam. Liquor policy in various Indian states is a gift that keeps giving. We love talking about it. What I also thought was admirable is the agile way the ED functions these days. Like some start-up in Koramangala. It is always hustling. These were the ideas I was toying with till a bank with a balance sheet size of US$ 200 billion (a tad smaller than HDFC Bank) collapsed in the US. And, so, served on a platter was another possible post on what could go wrong in the global economy. I'm afraid Rahul Gandhi, Sisodia, and liquor will have to wait for another day. I would like to discuss the aptly named Silicon Valley Bank (SVB) that has gone from boom to bust in less than two years.Here's what has happened since Thursday. WSJ reports:“On Wednesday SVB said it had sold a large chunk of its securities, worth $21 billion at the time of sale, at a loss of about $1.8 billion after tax. The bank's aim was to help it reset its interest earnings at today's higher yields, and provide it with the balance-sheet flexibility to meet potential outflows and still fund new lending. It also set out to raise about $2.25 billion in capital.Following that announcement on Wednesday evening, things seemed to get even worse for the bank. The share-sale announcement led the stock to crater in price, making it harder to raise capital and leading the bank to scuttle its share-sale plans, The Wall Street Journal has reported. And venture-capital firms reportedly began advising their portfolio companies to withdraw deposits from SVB.On Thursday, customers tried to withdraw $42 billion of deposits—about a quarter of the bank's total—according to a filing by California regulators. It ran out of cash.”Looks like a good old run on the bank. The regulators had to step in. Again from WSJ:“The Federal Deposit Insurance Corp. said it has taken control of the bank via a new entity it created called the Deposit Insurance National Bank of Santa Clara. All of the bank's deposits have been transferred to the new bank, the regulator said.Insured depositors will have access to their funds by Monday morning, the FDIC said. Depositors with funds exceeding insurance caps will get receivership certificates for their uninsured balances, meaning businesses with big deposits stuck at the bank are unlikely to get their money out soon.”If you've been reading me over the past month, I have made three points. One, it is foolish to assume that the Fed will pause on rate hikes anytime soon. Inflation isn't transitory in the US. And this was made clear this week when the Fed Chair, in his response to the questions from the Senate Committee on Banking, said that interest rate hikes are “likely to be higher than previously anticipated” and that because of it, the labour market is also likely to weaken in the near term. Like I have said before, it is best that markets, banks and companies plan for scenarios where the rate goes up to 7 per cent to stress test their models. This holds for India too. Two, it is inevitable that a sharp rise like what we have seen in the past nine months will mean there will be ‘accidents'. We don't know yet what their nature will be, but they will mostly emanate from private markets and the ‘new' asset groups (like crypto, VC funded business models) where bubbles have built up. Three, whatever accidents happen may not lead to a contagion. They will mostly singe private markets or those holding these new speculative assets. In a way, what has happened with SVB this week bears my thesis out. So, what happened? And what does this mean?During the pandemic, the US treasury pumped trillions of dollars to keep the economy afloat. But because of the pandemic, there was nothing to spend this money on. So, the money found its way into banks as deposits. The total deposits in US banks went up by $ 5.5 trillion, of which only about 15 per cent could be used to lend because of weak demand. So, what could Banks do? Well, like prudent entities, they parked this surplus in securities or kept it as cash. Now, when Banks buy securities, they are asked to take a call upfront on whether they plan to hold them to maturity. This decision then labels the securities as either held-to-maturity (HTM) or available-for-sale (AFS). Simply put, with an HTM security, the bank is declaring that it will hold, say, a US government 10-year bond till they mature (that is for ten years), while if it categorises another bond as AFS, it means it can sell them anytime in between. Now, from a regulatory perspective, this plays out in different ways for a bank. An AFS security gives banks flexibility to sell a security if the world changes around them, while an HTM security allows banks to weather a fall in value because they aren't marked to market (M2M). Therefore, they will remain on their balance sheet at amortised costs regardless. Banks don't have to crystallise their losses on HTM portfolio because the expectation is that on the date of maturity, they will receive the full redemption value. However, if the bank sells anything out of its HTM portfolio, it has to reclassify the entire portfolio as AFS. In 2020, US banks had about 74 per cent of their portfolio in AFS securities. As things opened up after the pandemic and inflation started taking root, interest expectations rose. A small explainer will help the lay reader here. Others can skip ahead. Bond prices are inversely related to interest rates. Suppose you bought a 1-year government bond of Rs. 100 with a coupon rate of 5 per cent. This means at the end of the tenure, the bond will fetch you Rs. 105 regardless of the bond's underlying market price. Assume the prevailing repo rate (benchmark interest rate) was 4 per cent. What this meant was you had an incentive to purchase this coupon that would give a little extra over the prevailing benchmark rate, and at the end of the year, you could redeem the bond and receive Rs.105. Because many people buy and sell government bonds, there is a market for them where they get traded. Now consider a scenario where in the middle of the year, the benchmark rate was increased to 10 per cent by the RBI. What if, for any reason, you want to sell your bond during this time? Nobody will buy your bond for Rs. 100 which is the price you bought it at. Why? Because it will fetch them only Rs. 105 (5 per cent return), while if they bought a fresh 1-year bond priced at Rs.100, they could get Rs. 110 (10 per cent return). But you're desperate for money, so the best you can do is to offer your bond at Rs. 95.50 or so. Because then whoever buys it will get Rs.105 at the end of the year and will make an equivalent 10 per cent return. So, you take a loss of Rs.4.50 (or about 4.5 per cent) by pricing your Rs.100 bond at Rs.95.50. At an aggregate level, this is what happens in the market as the interest rates go up. The price of the bond falls. And conversely, if the rates fall, the bond price goes up. So, a Bank holding securities sits on a mark-to-market loss or profit depending on whether interest rates go up or down. As interest rates rose, the US banks that were sitting pretty with mark-to-market gains on their AFS portfolio started having losses emerge. Now you could keep taking mark-to-market hits every quarter, or you can reclassify the AFS to HTM, take a one-time loss upfront and move on. Because once you make it HTM, remember, you don't have to account them as marked-to-market. And that's what has been happening for most of 2022. Banks reclassified their AFS, and their share fell from 74 per cent in securities portfolio to a little less than 50 per cent. The Case of Silicon Valley BankSilicon Valley Bank (SVB) had an interesting time during the pandemic. It has, over the years, positioned itself as the bank for the valley ecosystem of startups, VCs and angels. The boom in VC funding since 2019 meant its deposit balance tripled to about $200 billion by March 2022. What's more, a large part of it was demand deposits which don't bear interest. As we have learnt now, its cost of deposits or the interest it paid its depositors on average was about 1.2 per cent. What does a bank do if it has so much money flowing in? It has to put the money to work. But SVB's problem was there weren't too many loan takers in its customer base since it catered to the valley ecosystem flush with funds. The real and safe option it had was to put money in securities. That's exactly what it did. Around 12 months back, it had about $100 billion in HTM and another $25 billion in AFS through various securities like the US treasury bonds and mortgage-backed securities. That's when the Fed's action on interest rates started. And it was rapid. This meant the price of those securities, especially the mortgage-backed lot, fell quickly. By September 2022, the unrealised losses on the portfolio had gone up to $16 billion, while the total common equity capital was $11.8 billion. Technically, the bank was insolvent. But these losses on the HTM portfolio don't have to be recorded on the bank's books. What a Bank would do is wait for bonds to redeem, hope for interest rate hikes to pause, keep their depositors with them and see through this tough time. It was doing exactly that except for one more wrinkle. Its deposit portfolio was skewed to the fortunes of the valley. As funding dried up, the valley companies burned through their bank balances. This meant they were constantly withdrawing money. From $200 billion in March 2022, the deposits fell to $165 billion by last month. There was a serious danger of the bank not having liquidity to give depositors their money unless they restructured their balance sheet. EndgameThis is what SVB set out to do last week. They sold $21 billion of AFS at a loss of $1.8 billion to have cash available to them. And to recover this loss, they planned to raise capital by issuing fresh equity. Tough to explain but still doable. As luck would have it, the same day, a crypto bank, Silvergate Capital, announced it was insolvent for pretty much the same reason, except that SVB had real cash deposits. The depositors lost their nerve. Large VCs called for their portfolio companies to take money out of SVB. In the good old days, this would have meant going to branches and asking for your money. It would take time. Today, it is just a few clicks on the mobile app, which is aimed to give you a frictionless experience. That lack of friction meant customers tried to withdraw $42 billion - about a quarter of its total deposits - in a single day. Most of the depositors at SVB had balances of more than $250,000, which is the threshold for deposits to be insured. This meant the demand for withdrawals was real. The bank ran out of cash. The CEO came to assure depositors that they needed to have patience and the bank was liquid. I might have told you before - the moment a bank has to tell its depositors that they are liquid, they won't stay liquid any more. What could the bank have done? Its HTM book could be sold. But selling a single bond there would have meant marking the whole portfolio to market. That would have been a huge loss, and the bank didn't have the capital to absorb that. It could have borrowed funds, but that was coming at closer to 5 per cent, which was expensive. The only real thing it could have done was probably two years back. It could have diversified its depositors base, figured that its asset portfolio was too skewed to interest rate risk and reduced its balance sheet size. There are regulations on the nature of your deposits through what's called Liquidity Coverage Ratio guidelines, but SVB was deemed too small for it. It is a lesson in policy making that what's small or big is related to the broader macro context and cannot be fixed forever. This is what I meant when I said the scenarios that could unfold because of a rapid rise in rates are unknown to us. I mean, look at the percentage of unrealised losses to total equity among US banks. There are some vulnerable banks there. Is someone asking the same question in India? As I mentioned a couple of editions ago, it will be good for India to plan for a scenario where the Fed hikes the rate all the way to 7 per cent. The Fed cannot anticipate the unintended consequences of its battle to tame inflation. At some level, I guess it doesn't care as much. If there are weaker players who get sick on this ride up, so be it. The accidents are waiting to happen. We will be plain lucky if the contagion is contained to private markets because we believe the larger public markets and banks are better regulated. But you never know. Matsyanyaaya: The Indo-American DanceBig fish eating small fish = Foreign Policy in action— Pranay KotasthaneThere's been a flurry of Indo-American diplomatic activity in recent weeks. The two National Security Advisors (NSA) held the inaugural meeting of the initiative on Critical and Emerging Technology (iCET) on Jan 31. Then there was the mid-February phone call between the Indian Prime Minister and the US President. In early March, the four foreign ministers of the Quad made it a point to turn up at a Raisina Dialogue panel. Most recently, the US Commerce Secretary Gina Raimondo was in Delhi, where she held meetings with the Finance, Education, External Affairs, Defence, Commerce, Electronics & IT ministers, and the NSA. The two commerce ministries also signed an MoU on Semiconductor Supply Chain and Innovation Partnership.These are all significant shifts. Perhaps we can forgive Mr Singh's Holi dance performance, where he appeared as anatopistic as Bharat Bhushan would have felt in a Karan Johar movie. In edition #165, I analysed the India-US relationship using a tri-axis framework: state-to-state relations, state-to-people relations, and people-to-people relations. The people-to-people relationship never had a problem, to begin with, and state-to-state relations have never been better. Yet, surveys suggest that Indians continue to be circumspect of successive American governments.Perhaps for a good reason. One can't deny the US stance in the 1971 war, its continued support to Pakistan despite the latter's anti-Indian projects, and its role in the multilateral export control regimes that held back India's space and nuclear programmes. These three reasons became the foundations on which the edifice of anti-Westernophobia was constructed. Like other ideologies, instances that reaffirmed the ideology got amplified and internalised, while instances that didn't fit into the dominant narrative were discarded. For example, consider an oft-repeated argument: a closer partnership with the US would imply that “India will be dragged into its wars.” The logic is as follows. The US, as a superpower, keeps overextending itself as it's an integral part of its strategic doctrine to tackle the adversary before the threat reaches its shores. This means that partners have no choice but to fight these expensive and sometimes irrelevant wars. If they dare to strike a discordant tone, the US will use its immense power to punish them.The problem with this story is that India's own experience points out otherwise. India did face this question after the US misadventure in Iraq. By then, the relations were on an upswing. The Bush government wanted to hand over the post-war transition to a “coalition of the willing”, and India featured prominently in those plans. The Indian government considered this request at the highest levels and eventually chose not to intervene. Despite this refusal, the India-US relationship didn't face a major bump. The two countries announced an initiative called the Next Steps in Strategic Partnership (NSSP) six months later. By 2005, the two countries had enough confidence to sign the monumental civil nuclear deal. So much for the concern over dragging India into American wars. The civil nuclear deal provides another counter-point. A recent book by veteran journalist Seema Sirohi Friends with Benefits: The India-US Story, meticulously details the events and personalities involved from the American side. What struck me most was the efforts made by the Bush administration to align cognitive maps of domestic and international opponents, that too within a decade after the post-Pokhran economic sanctions had created a new low in the relationship. On the issue of getting the NSG waiver past six opposing countries, Sirohi writes:“The Americans used every weapon in their diplomatic arsenal to persuade countries. At one point Mulford suggested sending a warning to Austria that Washington was ready to tell India to cancel all Austrian Airline flights. The British and the French, who were helping the US, would corner recalcitrant European ministers at every opportunity in different locations—including in opera houses and trains—to argue for the NSG waiver. In the end, all forty-five were persuaded. Many saw India as a responsible nuclear power with the potential to play an important role in world affairs.” Now, none of this was out of benevolence. In fact, to use a construct applicable to human relations in state-to-state relations would be grossly inappropriate. To say that the US is hypocritical, unreliable, or benevolent makes no sense in an arena where national interests are supreme. Anthropomorphism in international relations is as sound as counting goals in a cricket match. Rather, what this instance illustrates is the benefit of a closer India-US relationship. Having the world's number one power on the same side can open doors that strategic autonomy can't. To be sure, there will be costs. But, given that the interests of India and the US have never before converged as they have today, India's mileage out of the relationship would likely be much higher. After all, Taiwan, Japan, South Korea, and even China gained power in no short measure due to the trade, technology, and human flows from the US. This is India's opportunity to amass national power quickly. PolicyWTF: Number Mirages This section looks at egregious public policies. Policies that make you go: WTF, Did that really happen?— Pranay KotasthaneDon't let numbers fool you. This theme has spawned a new genre of books, starting with Darrell Huff's 1954 classic How to Lie with Statistics. And yet, governments continue to insult our intelligence by using the same tropes repeatedly. What's worse is that they often succeed. So in this week's policyWTF section, let's look at some favourite number-chicanery tools used by Indian governments. One: present a current figure as a multiple of its value from almost a decade ago.Consider the news item from this week. “According to the National Statistical Office (NSO), the estimated annual per capita income at current prices for 2022-23 has doubled since the Narendra Modi-led NDA came to power in 2014-15”. Presented this way, the rise in national income sounds really, really impressive. Now pause for a moment. Using the shorthand rule of 72 suggests that a figure increasing at roughly nine per cent annually doubles in eight years. Instead of putting out the 9 per cent annual growth, the government showed you national income as a multiple of its value eight years ago. Two, present numbers at their nominal values in place of inflation-adjusted values. Another common strategy to make small increases seem bigger is to compare numbers at current prices rather than constant prices. The national per capita income story from this week uses this second trick as well. Adjusting for inflation, the incomes have only risen by 35 per cent in the last eight years, which translates to a poor 3.8 per cent annually. Instead of pointing out this abysmally low number, most news analyses went on a tangent to explain how the national per capita number is a mean value and doesn't account for the variance in incomes (duh!). Soon it became a debate over growth versus income inequality. The government went scot-free. Three, use a data point and its converse, both, to claim success. Thanks to RSJ for pointing this one out. Take a recent example. Demand collapsed at the height of the pandemic, and so did imports. That led to India showing a current account surplus for a few quarters, a rare occurrence. The government celebrated this “achievement”, downplaying the worrying cause of the surplus. When the current deficit was back when the pandemic ended, that too was celebrated as an indicator of strong domestic demand and bounce back!Four, spew out decontextualised metrics.Using absolute numbers instead of per capita numbers is an old trick in the government. Most numbers related to the government are big. If I were to tell you that the Corporate Social Responsibility (CSR) Law (aka Mandatory Philanthropy) generated Rs 21,000 crores in a year, you might be impressed. But only if I were to tell you that this is less than half the amount the Union government spends on MGNREGS alone would you ask: are the compliance costs worth the benefits of the CSR law?Five, compare budget estimates of the next financial year with budget estimates of the current financial year.When budget documents are presented in the legislature, governments have revised estimates of the current year with them. An old trick is to compare the allocation of the next year with the older budget estimate in order to paint a better picture. For instance, the press release for the defence budget this year reads, “Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year”. What's left unsaid is that the increase over the revised estimates is a mere 1 per cent, that too in nominal terms. Accounting for inflation, the government will spend much less next year than it spent in the current fiscal year. The headline is perfectly accurate and perfectly misleading, both. This list is nowhere near exhaustive yet. Are there other tricks you recollect? HomeWorkReading and listening recommendations on public policy matters* [Podcast] A Puliyabaazi on India-US relations with Seema Sirohi* [Book] A classic - FA Hayek's The Fatal Conceit* [Podcast] This Ideas of India episode is a treat for anyone interested in urban governance and planning.* [Article] Shekhar Gupta's take on India-US-Russia relations. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

Political Economy with James Pethokoukis: Bruce Caldwell: The Life and Ideas of F.A. Hayek

The Ricochet Audio Network Superfeed

Play Episode Listen Later Jan 18, 2023

Austrian economist Friedrich A. Hayek fought in the First World War, lived through the Great Depression and the rise of fascism, and enjoyed a postwar career as a Nobel Prize-winning economist. He is known to us today as a champion of classical liberal thought and author of The Road to Serfdom. In this episode of Political Economy, I’m […]

ideas nobel prize great depression austrian first world war political economy hayek serfdom james pethokoukis fa hayek bruce caldwell

Bruce Caldwell: The Life and Ideas of F.A. Hayek

Political Economy with James Pethokoukis

Play Episode Listen Later Jan 18, 2023 38:55

Austrian economist Friedrich A. Hayek fought in the First World War, lived through the Great Depression and the rise of fascism, and enjoyed a postwar career as a Nobel Prize-winning economist. He is known to us today as a champion of classical liberal thought and author of The Road to Serfdom. In this episode of Political Economy, I'm joined by Bruce Caldwell to learn more about Hayek's life and ideas.Bruce is a Research Professor of Economics at Duke University and the general editor of The Collected Works of F.A. Hayek. He is the author of 2004's Hayek's Challenge: An Intellectual Biography of F. A. Hayek. Bruce's latest book is Hayek: A Life, 1899–1950, with Hansjoerg Klausinger.

ideas economics duke university nobel prize great depression austrian first world war political economy hayek research professor serfdom collected works fa hayek bruce caldwell

Reboot - The Use of Knowledge in Society [F.A. Hayek]

christmas society dive bitcoin reboot fees hayek bitcoiners swan bitcoin fa hayek

Play Episode Listen Later Jan 11, 2023 45:04

Bringing back one of my favorites today that I mention often but we haven't covered in a very long time. This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market. Hayek takes us on a journey in this incredible piece that is not to be skipped. The original article can be found at FEE along with so much other amazing economic education: https://fee.org/articles/the-use-of-knowledge-in-society/ Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices

Reboot - The Use of Knowledge in Society [F.A. Hayek]

christmas society dive bitcoin reboot fees hayek bitcoiners swan bitcoin fa hayek

Play Episode Listen Later Jan 11, 2023 44:44

Bringing back one of my favorites today that I mention often but we haven't covered in a very long time. This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market. Hayek takes us on a journey in this incredible piece that is not to be skipped. The original article can be found at FEE along with so much other amazing economic education: https://fee.org/articles/the-use-of-knowledge-in-society/ Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Leadership Lessons From The Great Books #42 - The Road to Serfdom by F.A. Hayek w/Libby Unger

Leadership Lessons From The Great Books

Play Episode Listen Later Dec 14, 2022 106:23

The Road to Serfdom by F.A. Hayek w/Libby Unger---Please note: There is a brief audio issue with static at 56:45 - 1:00:00 Welcome & Introduction - 00:30 Individualism and Collectivism - 00:58 The Literary Life of Friedrich Hayek - 04:55 Libby Unger, Systems Thinker - 08:55 Moving From The Individual Up to the System - 19:41 The Rule of Law - 28:19 The Amazon Headquarters Search - 30:00 The Fairness Box Canyon - 36:37 Reading Hayek at Age 19 - 40:00 Transparency and Pay - 43:16 ESG and Revolutionary Change - 45:00 Who Are Leaders Serving to Solve a Problem - 54:59 Why the Worst People Rise to the Top - 1:01:50 Lord Acton's Trenchant Observation - 1:09:27 Amateur versus Professional Totalitarians - 1:17:40 The End of Truth - 1:22:39 Apologia for The Truth - 1:26:30 How can Leadership Serve Truth at the End of Truth - 1:29:51 The Power of Radical Candor - 1:37:45 Staying on the Path - 1:41:05 ---Connect with Libby Unger Below: Libby Unger on LinkedIn - https://www.linkedin.com/in/libbyunger/ Libby Unger Email Contact - libby@lumineaula.com Libby Unger's Website - http://lumineaula.com/ --- Pick up your copy of 12 Rules for Leaders: The Foundation of Intentional Leadership NOW on AMAZON! Check out the Leadership Lessons From the Great Books podcast reading list! --- Check out HSCT Publishing at: https://www.hsctpublishing.com/. Check out LeadingKeys at: https://www.leadingkeys.com/ Check out Leadership ToolBox at: https://leadershiptoolbox.us/ Contact HSCT for more information at 1-833-216-8296 to schedule a full DEMO of LeadingKeys with one of our team members. --- HSCT Publishing: https://www.hsctpublishing.com/. HSCT LinkedIn: https://www.linkedin.com/company/hsct/. HSCT YouTube: https://www.youtube.com/channel/UCJvVbIU_bSEflwYpd9lWXuA/. HSCT Twitter: https://twitter.com/hsctpublishing/. HSCT IG: https://www.instagram.com/hsctpublishing/. HSCT FB: https://www.facebook.com/HSCTPublishing/.

amazon history culture business marketing leadership law books truth society management drama system western finance military romance plays literature selfhelp solve classics demo leadership lessons great books hayek unger radical candor collectivism friedrich hayek serfdom road to serfdom fa hayek systems thinker leadership lessons from

Should We Care About Inequality?

Principle of Charity

Play Episode Listen Later Oct 17, 2022 42:48

Internationally recognised economist, educator and host of the podcast EconTalk, Dr Russ Roberts, discusses wealth and inequality under capitalism and questions whether there is real harm in inequality. Rather, in distinguishing inequality from poverty he says it's the damage from poverty, not inequality, that's more deserving of public concern and political focus. In a wide ranging discussion, we discuss whether the rich really deserve their spoils, how rigged the system actually is, and whether economics as a discipline is able to incorporate all the crucial non monetary aspects of life, like dignity and self fulfillment. Russ RobertsRuss is the President of Shalem College in Jerusalem and the John and Jean De Nault Research Fellow at Stanford University's Hoover Institution. The author of three fiction novels, Russ sought to popularise economic ideas like wealth creation, the unseen forces that sustain economic opportunity and the morality of the marketplace. His passion for teaching and education led him into the world of rap where he produced blockbuster videos on the giants of economics, John Maynard Keynes and FA Hayek.Russ hosts the podcast EconTalk and in his latest book Wild Problems: A Guide to the Decisions that Define Us he dissects the challenge of making big life decisions - like whether to marry or have children - when there is little analytical evidence to guide us.~~ You can be part of the discussion @PofCharity on Twitter, @PrincipleofCharity on Facebook and @PrincipleofCharityPodcast on Instagram. Your hosts are Lloyd Vogelman and Emile Sherman. Find Lloyd @LloydVogelman on Linked in Find Emile @EmileSherman on Linked In and Twitter. This Podcast is Produced by Jonah Primo and Bronwen Reid Find Jonah @JonahPrimo on Instagram. Hosted on Acast. See acast.com/privacy for more information.

president care jerusalem decisions acast stanford university russ internationally inequality hoover institution john maynard keynes russ roberts econtalk shalem college fa hayek emile sherman

Paradigma Podcast: F. A. Hayek - De weg naar slavernij

De Groene Amsterdammer Podcast

Play Episode Listen Later Oct 4, 2022 59:48

Van Friedrich Hayeks De weg naar slavernij bleek geen fatsoenlijke Nederlandse vertaling meer beschikbaar te zijn. En dat terwijl het een van de oerteksten is van het neoliberalisme. Het boek inspireerde velen, maar dreef minstens zoveel mensen tot woede. Toen het in 1944 verscheen was het boek een vurige waarschuwing tegen de gevaren van een overheid die de productiemiddelen in handen heeft. Volgens Hayek leidde het model van een krachtige centrale overheid met grote economische controle naar de verschrikkingen van nazi-Duitsland en fascistisch Italië en niet, zoals velen dachten, naar een utopische samenleving waarin de lasten worden verdeeld. In de afgelopen zeventig jaar heeft De weg naar slavernij zich bewezen als een tijdloos werk dat nog steeds van invloed is op het politieke, filosofische en economische discours en de discussie over de relatie tussen individuele vrijheid en overheidsbemoeienis blijft voeden.In deze podcast spreekt adjunct-hoofdredacteur van De Groene Joost de Vries met onderzoeker en co-auteur van het boek Neoliberalisme Merijn Oudenampsen en Groene-redacteur Koen Haegens over de impact van het boek, die reikt tot vandaag.De Groene Amsterdammer is mediapartner van de nieuwe boekenreeks van uitgeverij Athenaeum-Polak & Van Gennep: de Paradigma-reeks. Frisse nieuwe uitgaven van boeken die in de laatste 150 jaar ons denken over geloof, klimaat, feminisme, racisme, de meritocratie of de holocaust onherroepelijk hebben veranderd. Deze aflevering: De weg naar slavernij van F.A. Hayek. Productie: Daan StoopLees ook het profiel van Friedrich Hayek in De Groene.Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

#613: Russ Roberts on Lessons from F.A. Hayek and Nassim Taleb, Decision-Making Insights from Charles Darwin, The Dangers of Scientism, Wild Problems in Life and the Decisions That Define Us, Learnings from the Talmud, The Role of Prayer, and The Journey

The Tim Ferriss Show

Play Episode Listen Later Aug 5, 2022 117:43

Russ Roberts on Lessons from F.A. Hayek and Nassim Taleb, Decision-Making Insights from Charles Darwin, The Dangers of Scientism, Wild Problems in Life and the Decisions That Define Us, Learnings from the Talmud, The Role of Prayer, and The Journey to Transcendence | Brought to you by Athletic Greens all-in-one nutritional supplement, Eight Sleep's Pod Pro Cover sleeping solution for dynamic cooling and heating, and Pique premium pu'er tea crystals. More on all three below.Russ Roberts (@EconTalker) is the President of Shalem College in Jerusalem and the John and Jean De Nault Research Fellow at Stanford University's Hoover Institution. Roberts is interested in making complicated ideas understandable. He founded and hosts the award-winning weekly podcast EconTalk: Conversations for the Curious—with more than 800 episodes available in the archives. Past guests include Christopher Hitchens, Martha Nussbaum, Michael Lewis, Angela Duckworth, and Nassim Nicholas Taleb. His two rap videos on the ideas of John Maynard Keynes and F.A. Hayek have more than thirteen million views on YouTube. His latest book, Wild Problems: A Guide to the Decisions That Define Us, explores the challenges of using rationality when facing big life decisions. He is also the author of Gambling With Other People's Money,How Adam Smith Can Change Your Life, The Price of Everything, The Invisible Heart, and The Choice.Please enjoy!*This episode is brought to you by Eight Sleep! Eight Sleep's Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.And now, my dear listeners—that's you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout. *This episode is also brought to you by Pique! I first learned about Pique through my friends Dr. Peter Attia and Kevin Rose, and now Pique's fermented pu'er tea crystals have become my daily go-to. I often kickstart my mornings with their Pu'er Green Tea and Pu'er Black Tea, and I alternate between the two. This rare type of naturally fermented tea is more concentrated in polyphenol antioxidants than any other tea—it supports focus and mental clarity, healthy digestion, metabolism, and a healthy immune system. Their crystals are cold extracted, using only wild-harvested leaves from 250-year-old tea trees. Plus, they triple toxin screen for heavy metals, pesticides, and toxic mold—contaminants commonly found in tea. I also use the crystals for iced tea, which saves a ton of time and hassle. Pique is offering up to 20% off of their pu'er teas, exclusively to my listeners. To sweeten the deal even more, you'll get a free sampler pack with 6 of their best-selling teas. Simply visit PiqueLife.com/Tim, and the discount will be automatically applied. They also offer a 30-day satisfaction guarantee, so your purchase is completely risk-free. Just go to PiqueLife.com/Tim to learn more.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

money president prayer lessons wild price entrepreneurship startups jerusalem lebron james decisions productivity curious define dangers stanford university roberts decision making tony robbins arnold schwarzenegger kevin hart jordan peterson richard branson learnings vitamin d matthew mcconaughey hugh jackman jamie foxx tim ferriss seth godin neil gaiman jerry seinfeld bren brown malcolm gladwell sia bill burr neil degrasse tyson charles darwin pu bob iger sam harris ray dalio elizabeth gilbert michael phelps terry crews vince vaughn jocko willink talmud jane goodall edward norton yuval noah harari ken burns darren aronofsky jim collins rick rubin arianna huffington michael lewis athletic greens pique esther perel michael pollan hoover institution angela duckworth hayek reid hoffman eric schmidt green tea dax shepard christopher hitchens naval ravikant ramit sethi whitney cummings marc andreessen dan harris peter attia lifestyle design nassim taleb cheryl strayed chuck palahniuk vitalik buterin nassim nicholas taleb vivek murthy john maynard keynes scientism amanda palmer madeleine albright kelly slater maria sharapova howard marks daniel ek tim ferriss show kevin rose neil strauss doris kearns goodwin timothy ferriss brian koppelman hour body martha nussbaum black tea russ roberts maria popova elizabeth lesser mary karr joe gebbia jim dethmer tools of titans shalem college fa hayek katie haun pod pro cover discover tim how adam smith can change your life timferrissfacebook longform interviews

FA Hayek visar vägen till spontan ordning

Ledarredaktionen

Play Episode Listen Later Jul 27, 2022 38:22

27 juli. Mattias Svensson samtalar med Caspian Rehbinder om textsamlingen "Spontan ordning: FA Hayek i urval". Hayek var en av 1900-talets stora tänkare, och visade hur marknadspriser och konkurrens är omistliga delar av ett fritt samhälle.

hayek spontan visar ordning fa hayek mattias svensson

Biblioteca: Introdução a Bastiat, F.A. Hayek

+Liberdade

Play Episode Listen Later Jun 7, 2022 8:13

Nesta sua introdução ao ensaio "O que se vê e o que não se vê" de Frédéric Bastiat, F.A. Hayek tece algumas considerações importantes sobre o valor da liberdade e sobre a forma como a mesma deve ser encarada. Ler na Biblioteca: https://maisliberdade.pt/biblioteca/o-que-se-ve-e-o-que-nao-se-ve/ Narração: Pedro Almeida Jorge.

biblioteca ler hayek narra bastiat fa hayek

Biblioteca: A Economia da Abundância (Crítica a Keynes), F. A. Hayek

+Liberdade

Play Episode Listen Later Jan 7, 2022 6:32

O economista austríaco Friedrich Hayek apresenta aquelas que, a seu ver, são as principais falácias do sistema politico-económico keynesiano. Narração: Pedro Almeida Jorge. Ler em: https://maisliberdade.pt/biblioteca/a-economia-da-abundancia/

economia biblioteca ler keynes abund friedrich hayek fa hayek

Biblioteca: Discurso no Banquete do Nobel, F. A. Hayek

+Liberdade

Play Episode Listen Later Nov 8, 2021 2:39

Discurso de F.A. Hayek em dezembro de 1974, na gala banquete de entrega do seu Prémio das Ciências Económicas em Memória de Alfred Nobel, vulgarmente conhecido por Nobel da Economia, atribuído pelo Banco da Suécia.Ler na Biblioteca. Narração: Guilherme Perry Sampaio.

pr nobel econ economia banco discurso mem biblioteca ler hayek alfred nobel banquete fa hayek

The Economics of Bitcoin with Daniel J. D'Amico - Bitcoin One On One Episode #2

Bitcoin One on One

Play Episode Listen Later Oct 31, 2021 56:20

The Economics of Bitcoin with Daniel J. D'Amico Daniel J. D'Amico is the Associate Director of The Political Theory Project and a Lecturer in Economics at Brown University where he teaches and coordinates student programs dedicated to the study of institutions and ideas that make societies free, prosperous, and fair. Episode Notes: 4:00 How governments create perverse incentives in criminal justice by manipulating incentives 5:56 FA Hayek predicted Bitcoin 8:15 Why is it important to have a money that is not controlled by the government? 12:20 Business cycles are a phenomenon enabled by fiat money 13:13 Three problems with fiat money 15:30 Will all fiat currencies collapse? 17:00 Does Bitcoin have a secret back door? 19:20 The "moneyness" of Bitcoin 24:00 The blockchain as a revolutionary technological innovation 24:50 Is Bitcoin better than gold? 26:50 How much of a threat is inflation? 30:45 Why are interest rates so low? 32:30 Low-interest rates cause business cycles 34:20 Bitcoin holdings as savings 36:00 Is Bitcoin a good currency today? 37:10 How the volatility of Bitcoin decreases with Bitcoin adoptions 38:50 How Bitcoin will win in the long run 47:50 What's your strongest criticism of Bitcoin? 49:40 Why the entire world will soon have access to Bitcoin 50:30 Will governments shut down Bitcoin? 53:20 Did China's Bitcoin ban work? --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoin101/message Support this podcast: https://podcasters.spotify.com/pod/show/bitcoin101/support

business china bitcoin economics associate director lecturer brown university one on one daniel j fa hayek

Ep. 101: 1991: एक क्रांति. When India Changed Forever

Puliyabaazi Hindi Podcast

Play Episode Listen Later Aug 12, 2021 101:49

१९९१ में भारत में एक सामाजिक और आर्थिक क्रांति आई। आर्थिक सुधारों ने 25 करोड़ भारतियों को गरीबी से निकाला और भारत को विश्व भर में एक नयी पहचान दी। इस क्रांति को आए पिछले महीने ३० साल हो गए। तो इसी विषय पर पुलियाबाज़ी करने लौट रही है अर्थशास्त्री श्रुति राजगोपालन (@srajagopalan)। This July marked thirty years of India's economic liberalization reforms. These reforms transformed India. The resultant growth in the economy is single-handedly responsible for the reduction in India's poverty. So this Puliyabaazi is about life before 1991, why India chose the path it did after independence, and the reforms that remained unfinished in 1991. Joining us is Shruti Rajagopalan (@srajagopalan), Senior Research Fellow at the Mercatus Center. She and her colleagues have started The 1991 Project to document essays, data visualizations, oral histories, podcasts, and policy papers demystifying the Indian economy and the 1991 reforms. For more:The 1991 Project -- the project portal. Read Shruti's lead essay here. The M document -- A paper for internal discussion in government prepared by Montek S Ahluwalia, Special Secretary to the Prime Minister, in May 1990IndiaBefore91.in -- Stories of Life under the License RajEp.13: जो मेरा है, क्या वो सच में मेरा है? -- Puliyabaazi with Shruti Rajagopalan on property rightsEp. 37: ये लिबरल आख़िर है कौन? -- Puliyabaazi with Amit Varma on liberalism and FA Hayek's writingsTo the Brink and Back: India's 1991 Story: India's 1991 Story -- Jairam Ramesh's book on a ringside view of the economic reform period.The Importance of the 1991 Reforms -- The Seen & the Unseen Podcast episode with Ajay Shah and Shruti RajagopalanPuliyabaazi is on these platforms:Twitter: https://twitter.com/puliyabaaziInstagram: https://www.instagram.com/puliyabaazi/Subscribe & listen to the podcast on iTunes, Google Podcasts, Castbox, AudioBoom, YouTube, Spotify or any other podcast app.

spotify stories project forever indian google podcasts prime minister brink senior research fellow audioboom mercatus center fa hayek amit varma shruti rajagopalan

F.A. Hayek on ‘the Supreme Rule' That Separates Collectivism From Individualism

DonnyFerguson.com

Play Episode Listen Later Jun 12, 2021 8:06

This episode is also available as a blog post: http://donnyferguson.com/2021/05/19/f-a-hayek-on-the-supreme-rule-that-separates-collectivism-from-individualism/ --- Send in a voice message: https://anchor.fm/donny-ferguson/message

supreme individualism separates collectivism fa hayek

Professor Bruce Caldwell: The Life and Contributions of F.A. Hayek

William & Mary Law Podcast

Play Episode Listen Later Feb 12, 2021 44:39

On February 10, 2021, William & Mary Law School’s Center for the Study of Law and Markets hosted Professor Bruce Caldwell, who presented a lecture entitled "The Life and Contributions of F.A. Hayek." Prof. Caldwell is Research Professor of Economics and Director of the Center for the History of Political Economy at Duke University.

director history law professor study economics prof markets duke university contributions caldwell political economy hayek research professor mary law school fa hayek bruce caldwell

Episode 1: Pilot

Perspectives-With Brian and Kass

Play Episode Listen Later Feb 10, 2021 28:38

Brian and Kass dive into why they started a podcast. Also they discuss FA Hayek, J Bloom Jewelry, and Trump. Check it out to see how they connect them all. In this episode Kass talk about some cool stuff she found. Here is the link to Phoebe's page www.myjbloom.com/phoebeburton

donald trump pilot fa hayek

Gamestonk 2 - Changing my mind, and clarification

The Weebertarian

Play Episode Listen Later Jan 29, 2021 18:26

In this episode I wanted to clarify some of the things I'd said in my previous episode about he Wall Street Bets Gamestop situation. Also, I've changed my mind about short selling, and through application of concepts from Austrian Economics, such as FA Hayek's local knowledge problem (correction: the theory I'm referring to is actually Ludwig von Mises' Economic Calculation Problem), market incentives with regards to loans, as well as the Federal Reserve, quantitative easing, the Fed Funds rate, and unfair market practices, I've come to conclude that I think that shorting stock is an overall economic negative.

federal reserve clarification austrian economics ludwig von mises fed funds gamestonk fa hayek

91. Why Is F.A. Hayek So Important?

The Way the World Works: A Tuttle Twins Podcast for Families

Play Episode Listen Later Jan 22, 2021 16:27

Who is F.A. Hayek? Tuttle Twins readers might remember him from the Road to Surfdom book, but why is he so important? Today, Connor and Brittany talk about this brilliant economist and why his legacy is so important to economic and individual liberty.

socialism libertarians liberalism hayek tuttle twins fa hayek

Guy's Take #39 - Bitcoin is the Pin

society bitcoin swiss lyn alden fa hayek

Play Episode Listen Later Dec 25, 2020 50:16

We are in the midst of one of history's greatest financial bubbles, represented both in a global debt crisis, as well as a bloated, subsidized financial sector that is many times greater in size than it naturally should be. Rather than Bitcoin being the bubble that everyone claims it is, on the contrary, the financial system is a "greater fool" bubble, and Bitcoin is the pin. Don't forget to check out the great reads that were mentioned and shed tons of light on today's take: The Use of Knowledge in Society: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj/a-afr12i The Fraying of the Petrodollar System: Part 1 - https://anchor.fm/thecryptoconomy/episodes/Read_473---The-Fraying-of-the-Petrodollar-System---Part-1-Lyn-Alden-enrte3/a-a44sscd Part 2 - https://anchor.fm/thecryptoconomy/episodes/Read_474---The-Fraying-of-the-Petrodollar-System---Part-2-Lyn-Alden-ente7q/a-a457ib8 Bitcoin is the Great Financialization: https://anchor.fm/thecryptoconomy/episodes/Read_477---Bitcoin-is-the-Great-Definancialization-Parker-Lewis-eo62fl A huge Thank You to the Bitcoin Audible Sponsors: Hexa Wallet - Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Guy's Take #39 - Bitcoin is the Pin

society bitcoin swiss fa hayek

Play Episode Listen Later Dec 25, 2020 50:16

We are in the midst of one of history's greatest financial bubbles, represented both in a global debt crisis, as well as a bloated, subsidized financial sector that is many times greater in size than it naturally should be. Rather than Bitcoin being the bubble that everyone claims it is, on the contrary, the financial system is a "greater fool" bubble, and Bitcoin is the pin. Don't forget to check out the great reads that were mentioned and shed tons of light on today's take: The Use of Knowledge in Society: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj/a-afr12i The Fraying of the Petrodollar System: Part 1 - https://anchor.fm/thecryptoconomy/episodes/Read_473---The-Fraying-of-the-Petrodollar-System---Part-1-Lyn-Alden-enrte3/a-a44sscd Part 2 - https://anchor.fm/thecryptoconomy/episodes/Read_474---The-Fraying-of-the-Petrodollar-System---Part-2-Lyn-Alden-ente7q/a-a457ib8 Bitcoin is the Great Financialization: https://anchor.fm/thecryptoconomy/episodes/Read_477---Bitcoin-is-the-Great-Definancialization-Parker-Lewis-eo62fl A huge Thank You to the Bitcoin Audible Sponsors: Hexa Wallet - Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Episódio 2 - Juízos Naturais: O Caminho da Servidão, de F.A. Hayek

Ordem Natural

Play Episode Listen Later Nov 20, 2020 99:59

No primeiro capítulo do nosso “Juízos Naturais” analisamos o livro “O Caminho da Servidão”, de F.A Hayek, à luz do contexto atual de COVID, Lockdowns, o tal do “novo normal”, o “Grande Reset”, “fact-checking”, etc., e as pretensões muito perigosas dos planejadores centrais globais.

covid-19 epis lockdowns ju o caminho hayek naturais servid fa hayek

#16 - Radu Nechita - argumentul hayekian, anti-socialist, al cunoaşterii dispersate

In Dodii

Play Episode Listen Later Nov 17, 2020 85:13

#16 - Radu Nechita - argumentul lui FA Hayek, anti-socialist, al cunoaşterii dispersate Conf. dr. Radu Nechita predă economia la UBB Cluj. Discutam despre rolul preturilor in interactiunile complexe din societate. Web : indodii.ro Youtube : youtube.com/c/InDodiiRo Facebook, Instagram, Twitter, Podcast : Indodii Patreon : patreon.com/indodii

web socialists radu hayekian fa hayek discutam

6# A Vida e a Obra de F. A. Hayek

Ludocast - O Podcast do Ludovico

Play Episode Listen Later Aug 19, 2020 60:41

No 6º episódio do Ludocast, Alex Catharino e Pedro Henrique conversam com Rodrigo Marinho, o curador do mês de agosto, O Caminho da Servidão. Rodrigo é advogado, professor e mestre em Direito Constitucional. É conselheiro e podcaster do Instituto Mises Brasil.

obra o caminho direito constitucional pedro henrique servid fa hayek instituto mises brasil

Ep. 51: Malcolm Lavoie — Why Are Property Rights So Important?

The Curious Task

Play Episode Listen Later Jul 22, 2020 57:23

Alex Aragona speaks with Malcolm Lavoie about the importance of property rights to decentralization and the use of resources, and discusses how FA Hayek's work plays a part in understanding this connection.

lavoie property rights fa hayek

Read_388 - Bitcoin is a Catalyst for Human Evolution [Brandon Quittem]

Play Episode Listen Later Apr 30, 2020 67:50

"Mycelial networks act as a resource transport layer and communications network connecting organisms in the biosphere. This enables organisms to voluntarily trade resources and knowledge across species lines. Increasing trade leads to increased specialization (division of labor), further increasing biodiversity (wealth and resilience) in the ecosystem." - Brandon Quittem After the long wait, we are finally covering Part 4, the conclusion, of Quittem's incredible "Mycelial Money" series, exploring Bitcoin as a catalyst for the evolution of our species. Drop some applause here

society drop bitcoin invest blockchain increasing catalyst human evolution antivirus swan bitcoin fa hayek brandon quittem mycelial listen read

Read_370 - Explained; 0% interest, Limitless Repo, QE4 [Colin Harper]

tales fed federal reserve limitless crypt repo bitcoin magazine parker lewis giacomo zucco on the brink fa hayek charles marohn qe4

Play Episode Listen Later Mar 26, 2020 50:15

"The Federal Reserve's market operations are ramping up by the day, and it's using more tools simultaneously to “fix” markets than ever before. So what are these tools and how is the Fed using them?" - Colin Harper Wondering what is happening in the hurricane that is finance and finding it difficult to piece together all of the puzzle. You aren't alone. Colin Harper has a great new addition to Bitcoin Magazine to help make sense of all the jargon of Repo markets, interest rates, zero reserve, QE4 to infinity, and the rest. Don't miss it! Link to the original article: https://bitcoinmagazine.com/articles/zero-interest-limitless-repo-and-qe4-the-federal-reserves-market-operations-explained Don't forget that SwanBitcoin.com is now live! Start stacking your sats now! Set a weekly, every paycheck, or every month purchase and even auto-withdrawal to your own keys! With Swan Bitcoin you'll never have to wonder again if you are stacking for the future, set it once and forget it. Other great content I've enjoyed recently to dig further: • Tales from the Crypt with Charles Marohn: https://open.spotify.com/episode/3VE9cgPq32Ynd78rYDvfeA • Swan Signal with Parker Lewis & Giacomo Zucco: https://citizenbitcoin.world/episodes/giacomo-zucco-and-parker-lewis-on-swan-signal-live-By5ZBPnv • Hayek's Use of Knowledge in Society: Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • On The Brink: https://podcasts.apple.com/us/podcast/jurrien-timmer-fidelity-on-the-global-macro-landscape-ep-58/id1480586463?i=1000469486863 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Read_370 - Explained; 0% interest, Limitless Repo, QE4 [Colin Harper]

tales fed federal reserve limitless crypt repo bitcoin magazine parker lewis giacomo zucco on the brink fa hayek charles marohn qe4

Play Episode Listen Later Mar 26, 2020 50:15

"The Federal Reserve’s market operations are ramping up by the day, and it’s using more tools simultaneously to “fix” markets than ever before. So what are these tools and how is the Fed using them?" - Colin Harper Wondering what is happening in the hurricane that is finance and finding it difficult to piece together all of the puzzle. You aren't alone. Colin Harper has a great new addition to Bitcoin Magazine to help make sense of all the jargon of Repo markets, interest rates, zero reserve, QE4 to infinity, and the rest. Don't miss it! Link to the original article: https://bitcoinmagazine.com/articles/zero-interest-limitless-repo-and-qe4-the-federal-reserves-market-operations-explained Don't forget that SwanBitcoin.com is now live! Start stacking your sats now! Set a weekly, every paycheck, or every month purchase and even auto-withdrawal to your own keys! With Swan Bitcoin you'll never have to wonder again if you are stacking for the future, set it once and forget it. Other great content I've enjoyed recently to dig further: • Tales from the Crypt with Charles Marohn: https://open.spotify.com/episode/3VE9cgPq32Ynd78rYDvfeA • Swan Signal with Parker Lewis & Giacomo Zucco: https://citizenbitcoin.world/episodes/giacomo-zucco-and-parker-lewis-on-swan-signal-live-By5ZBPnv • Hayek's Use of Knowledge in Society: Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • On The Brink: https://podcasts.apple.com/us/podcast/jurrien-timmer-fidelity-on-the-global-macro-landscape-ep-58/id1480586463?i=1000469486863 --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Episode 83 - The Wisdom Of F.A. Hayek

Citizen, Not Serf

Play Episode Listen Later Mar 23, 2020 44:05

On this podcast I discuss Eammon Butler's book, Hayek. Hayek is one of the most important thinkers of the 20th century and a defender of individual freedom and the market.

wisdom hayek fa hayek

CryptoQuikRead_366 - What's Happening in Financial Markets? [Caitlin Long]

trust society bitcoin audible financial markets distrust pomp swan bitcoin caitlin long pompliano fa hayek

Play Episode Listen Later Mar 16, 2020 42:28

"Every single co in the industry invested badly at the same time... every single competitor made the exact same mistake, in the same direction." - Caitlin Long If you missed the epic Twitter Thread from Caitlin Long on the state of the global financial markets, and how we managed to find ourselves in such a disastrous, then worry no longer. Now Audible, followed by Guy's commentary on the concepts she outlines, her excellent episode on Pompliano's show, and on the fundamental economics that had gone awry to bring us to this ultimate end. Link to the original thread below: https://twitter.com/CaitlinLong_/status/1238915150368792576 Don't forget to follow Caitlin on Twitter as well as Avanti Bank & Trust so you don't miss the incredible work toward building a foundation to replace the old, broken system: https://twitter.com/AvantiBT Check out the episode with Pomp to hear her expand on these ideas: https://open.spotify.com/episode/2SHS4ZaPoBRK3tYuxRS56U Previous reads mentioned in the commentary that will help shine a light on the fundamental economics being violated by our central banking system. • Use of Knowledge in Society by Hayek Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Distrust in Lebanese Banks Spurs Bitcoin Boom by Timour Azhari https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_360---Distrust-in-Lebanese-Banks-Spurs-Bitcoin-Boom-Timour-Azhari-eb6val A huge thank you to Swan Bitcoin ❤️for supporting the Audible of the Bitcoin space! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_366 - What's Happening in Financial Markets? [Caitlin Long]

trust society bitcoin audible financial markets distrust pomp swan bitcoin caitlin long pompliano fa hayek

Play Episode Listen Later Mar 16, 2020 42:28

"Every single co in the industry invested badly at the same time... every single competitor made the exact same mistake, in the same direction." - Caitlin Long If you missed the epic Twitter Thread from Caitlin Long on the state of the global financial markets, and how we managed to find ourselves in such a disastrous, then worry no longer. Now Audible, followed by Guy's commentary on the concepts she outlines, her excellent episode on Pompliano's show, and on the fundamental economics that had gone awry to bring us to this ultimate end. Link to the original thread below: https://twitter.com/CaitlinLong_/status/1238915150368792576 Don't forget to follow Caitlin on Twitter as well as Avanti Bank & Trust so you don't miss the incredible work toward building a foundation to replace the old, broken system: https://twitter.com/AvantiBT Check out the episode with Pomp to hear her expand on these ideas: https://open.spotify.com/episode/2SHS4ZaPoBRK3tYuxRS56U Previous reads mentioned in the commentary that will help shine a light on the fundamental economics being violated by our central banking system. • Use of Knowledge in Society by Hayek Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Distrust in Lebanese Banks Spurs Bitcoin Boom by Timour Azhari https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_360---Distrust-in-Lebanese-Banks-Spurs-Bitcoin-Boom-Timour-Azhari-eb6val A huge thank you to Swan Bitcoin ❤️for supporting the Audible of the Bitcoin space! --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

F.A. Hayek on Social Evolution and the Origins Of Tradition

study origins tradition hayek social evolution fa hayek

Play Episode Listen Later Feb 12, 2020 51:46

In this 1984 lecture, sponsored by the Center for the Study of Market Processes in conjunction with the George Mason University Economics department, Nobel-Laureate F. A. Hayek discusses the evolution of morality and social norms, arguing that they result from unplanned, emergent processes. He contrasts this conclusion with other philosophical accounts of law and morality. CC Music: Twisterium

CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme [Parker Lewis]

starting story bitcoin scammers pyramid schemes booms everyones parker lewis original article unchained capital fa hayek

Play Episode Listen Later Feb 11, 2020 101:50

"Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail [...] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused." - Parker Lewis Today we are diving back into the Gradually, Then Suddenly series from Unchained Capital with an excellent breakdown of what Bitcoin is, and what it isn't. Starting with the both obvious, yet not so obvious truth, that it is certainly not a pyramid scheme! Don't miss another incredible installments by Parker Lewis. Original Article and the rest of the series below: https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/ Other great pieces mentioned both in the article, and in the commentary: • Everyone's a Scammer: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_267---Everyones-a-Scammer-Michael-Goldstein-e4ihq8 • Bitcoin Has No Intrinsic Value: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm • Use of Knowledge in Society Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • A Story of Booms & Busts https://anchor.fm/thecryptoconomy/episodes/GuysTake_18---A-Story-About-Booms--Busts-e4aflh If you'd like to support this show and become a patron, click the link below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme [Parker Lewis]

starting story bitcoin scammers pyramid schemes booms everyones parker lewis original article unchained capital fa hayek

Play Episode Listen Later Feb 11, 2020 101:50

"Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail [...] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused." - Parker Lewis Today we are diving back into the Gradually, Then Suddenly series from Unchained Capital with an excellent breakdown of what Bitcoin is, and what it isn't. Starting with the both obvious, yet not so obvious truth, that it is certainly not a pyramid scheme! Don't miss another incredible installments by Parker Lewis. Original Article and the rest of the series below: https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/ Other great pieces mentioned both in the article, and in the commentary: • Everyone's a Scammer: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_267---Everyones-a-Scammer-Michael-Goldstein-e4ihq8 • Bitcoin Has No Intrinsic Value: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm • Use of Knowledge in Society Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • A Story of Booms & Busts https://anchor.fm/thecryptoconomy/episodes/GuysTake_18---A-Story-About-Booms--Busts-e4aflh If you'd like to support this show and become a patron, click the link below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in Biography

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in European Studies

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in History

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in Finance

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies.

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in Economics

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books in Intellectual History

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter J. Boettke, "F. A. Hayek: Economics, Political Economy and Social Philosophy" (Palgrave Macmillan, 2018)

New Books Network

Play Episode Listen Later Feb 10, 2020 49:11

Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

GuysTake_026 - The Halving is Not Priced in, Here's Why

Play Episode Listen Later Jan 29, 2020 68:44

As a follow up to Nic Carter's excellent breakdown of the efficient market hypothesis, and PlanB's piece addressing the market's evaluation of the risks in Bitcoin, I go through the reasons I feel the market both is very unwilling and unconfident about the consequences of the halving, and therefore sees it not as "known information," but more a blind gamble. For diving deeper into the many topics and works that I brought up, here are the links of all those I remembered: • Nic Carter's "Introduction to the Efficient Market Hypothesis" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_343---Introduction-to-the-Efficient-Market-Hypothesis-for-Bitcoiners-Nic-Carter-eac03b • PlanB's "Efficient Markets and Bitcoin's Stock-to-Flow" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_344---Efficient-Markets--Bitcoins-Stock-to-Flow-PlanB-eaco0i • Hayek's "Use of Knowledge in Society" [Part 1 & 2] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Parker Lewis's "Bitcoin is Not Backed by Nothing" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_335---Bitcoin-is-Not-Backed-by-Nothing-Parker-Lewis-e9v1rs • Hoppe's "Yield From Money Held Reconsidered" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_122---The-Yield-From-Money-Held-Reconsidered-e2ndqn • Conner Brown's "Bitcoin Has No Intrinsic Value, & That's Great!" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm Don't forget to grab your tickets to BitBlockBoom and use the offer code CC for a 30% discount! https://bitblockboom.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

bitcoin stock plan b cc priced hayek hoppe halving parker lewis nic carter efficient market hypothesis fa hayek efficient markets bitblockboom conner brown

GuysTake_026 - The Halving is Not Priced in, Here's Why

Smith and Marx Walk into a Bar: A History of Economics Podcast

Play Episode Listen Later Jan 29, 2020 68:44

As a follow up to Nic Carter's excellent breakdown of the efficient market hypothesis, and PlanB's piece addressing the market's evaluation of the risks in Bitcoin, I go through the reasons I feel the market both is very unwilling and unconfident about the consequences of the halving, and therefore sees it not as "known information," but more a blind gamble. For diving deeper into the many topics and works that I brought up, here are the links of all those I remembered: • Nic Carter's "Introduction to the Efficient Market Hypothesis" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_343---Introduction-to-the-Efficient-Market-Hypothesis-for-Bitcoiners-Nic-Carter-eac03b • PlanB's "Efficient Markets and Bitcoin's Stock-to-Flow" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_344---Efficient-Markets--Bitcoins-Stock-to-Flow-PlanB-eaco0i • Hayek's "Use of Knowledge in Society" [Part 1 & 2] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Parker Lewis's "Bitcoin is Not Backed by Nothing" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_335---Bitcoin-is-Not-Backed-by-Nothing-Parker-Lewis-e9v1rs • Hoppe's "Yield From Money Held Reconsidered" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_122---The-Yield-From-Money-Held-Reconsidered-e2ndqn • Conner Brown's "Bitcoin Has No Intrinsic Value, & That's Great!" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_249---Bitcoin-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm Don't forget to grab your tickets to BitBlockBoom and use the offer code CC for a 30% discount! https://bitblockboom.com/ --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

bitcoin stock plan b cc priced hayek hoppe halving parker lewis nic carter efficient market hypothesis fa hayek efficient markets bitblockboom conner brown

Episode Twenty Eight

Play Episode Listen Later Jan 15, 2020 75:16

Co-hosts Carlos Eduardo Suprinyak, Gerardo Serra, and Scott Scheall discuss a few recent additions to the literature in the history of economic thought. Topics include the disagreement between Adam Smith and Edmund Burke over the East India Company, the evolving conceptualizations of "poverty" in African languages, and the role that policymakers' epistemic limitations may have played in the current "democratic crisis" in many Western democracies. If you are inclined to read the papers discussed in this episode, here they are (unfortunately, some may be behind paywalls): Gregory M. Collins: "THE LIMITS OF MERCANTILE ADMINISTRATION: ADAM SMITH AND EDMUND BURKE ON BRITAIN’S EAST INDIA COMPANY" https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/limits-of-mercantile-administration-adam-smith-and-edmund-burke-on-britains-east-india-company/4003B9E2C8C6175246EBCC68D96C4290 Rhiannon Stephens: "BEREFT, SELFISH, AND HUNGRY: GREATER LUHYIA CONCEPTS OF THE POOR IN PRECOLONIAL EAST AFRICA" https://academic.oup.com/ahr/article-abstract/123/3/789/5025220?redirectedFrom=fulltext François Facchini and Mickael Melki: “THE DEMOCRATIC CRISIS AND THE KNOWLEDGE PROBLEM” https://onlinelibrary.wiley.com/doi/abs/10.1111/polp.12330 Here are links to Scott's work that he references in the episode: "IGNORANCE AND THE INCENTIVE STRUCTURE CONFRONTING POLICYMAKERS" https://cosmosandtaxis.files.wordpress.com/2019/08/scheall_ct_vol_7_iss_1_2.pdf F. A. HAYEK AND THE EPISTEMOLOGY OF POLITICS: THE CURIOUS TASK OF ECONOMICS https://www.routledge.com/F-A-Hayek-and-the-Epistemology-of-Politics-The-Curious-Task-of-Economics/Scheall/p/book/9781138289956 Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org

history western african bar selfish adam smith epistemology twenty eight edmund burke east india company redirectedfrom facchini fa hayek

CryptoQuikRead_338 - The Information Theory of Money [Dan Held]

money bitcoin prices scratch pencil toaster hayek nakamoto information theory dan held fa hayek

Play Episode Listen Later Jan 10, 2020 54:39

"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric." - Dan Held This is one of those articles that just explores the emergent brilliance of the free market system & easily got me into a near 40 minute rant afterward. Prices are not arbitrary, and a market price is quite possibly the most information dense piece of actionable data you can find anywhere. Learn all about it, in this piece from The Bitcoin Times Ed 2, "The Information Theory of Money." Below are the links to follow Dan Held for more great work, drop some applause on this article, and follow @timelessbitcoin so you don't miss anything from this publication: https://twitter.com/danheld https://medium.com/the-bitcoin-times/information-theory-of-money-36247aebdfe1 https://twitter.com/TimelessBitcoin Things you must also listen to because I told you to! • Hayek's "Use of Knowledge in Society" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Leonard Reed's "I, Pencil" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123---I--Pencil-Leonard-E--Read-e2ndqm • TEDtalk "How I Built a Toaster... from Scratch" https://www.ted.com/talks/thomas_thwaites_how_i_built_a_toaster_from_scratch#t-12942 If you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_338 - The Information Theory of Money [Dan Held]

money bitcoin prices scratch pencil toaster hayek nakamoto information theory dan held fa hayek

Play Episode Listen Later Jan 10, 2020 54:39

"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric." - Dan Held This is one of those articles that just explores the emergent brilliance of the free market system & easily got me into a near 40 minute rant afterward. Prices are not arbitrary, and a market price is quite possibly the most information dense piece of actionable data you can find anywhere. Learn all about it, in this piece from The Bitcoin Times Ed 2, "The Information Theory of Money." Below are the links to follow Dan Held for more great work, drop some applause on this article, and follow @timelessbitcoin so you don't miss anything from this publication: https://twitter.com/danheld https://medium.com/the-bitcoin-times/information-theory-of-money-36247aebdfe1 https://twitter.com/TimelessBitcoin Things you must also listen to because I told you to! • Hayek's "Use of Knowledge in Society" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Leonard Reed's "I, Pencil" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123---I--Pencil-Leonard-E--Read-e2ndqm • TEDtalk "How I Built a Toaster... from Scratch" https://www.ted.com/talks/thomas_thwaites_how_i_built_a_toaster_from_scratch#t-12942 If you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD www.patreon.com/thecryptoconomy --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

CryptoQuikRead_337 - The Tyranny of Time Scarcity - Bitcoin Times Ed 2 - [Robert Breedlove]

Play Episode Listen Later Jan 8, 2020 111:19

“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity or liquidity). By combining and building upon the economic properties of both, Bitcoin is a momentous monetary innovation that has achieved the divisibility, portability, durability, and recognizability of pure information infused with the absolute scarcity of time.” - Robert Breedlove Don't miss the continuing journey through The Bitcoin Times 2nd Ed, with Breedlove's excellent piece, “Bitcoin & the Tyranny of Time Scarcity” Drop some applause on this article by following the link below, and don't forget to check out @timelessBitcoin and @breedlove22 on Twitter for more work like this one. https://medium.com/the-bitcoin-times/bitcoin-and-the-tyranny-of-time-scarcity-1d1550dfd8b0 Other works discussed in the commentary: • Knut Svanholm's "Sovereignty Through Mathematics" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_308---Sovereignty-Through-Mathematics---Part-1-Knut-Svanholm-e7tak7 Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_309---Sovereignty-Through-Mathematics---Part-2-Knut-Svanholm-e7vgr1 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_310---Sovereignty-Through-Mathematics---Part-3-Knut-Svanholm-e8198t Part 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_311---Sovereignty-Through-Mathematics---Part-4-Knut-Svanholm-e851te Part 5 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_312---Sovereignty-Through-Mathematics---Part-5-Knut-Svanholm-e86lbt • Parker Lewis's "Bitcoin Can't Be Copied" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 • Hayek's "Use of Knowledge in Society" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

gold bitcoin scarcity tyranny hayek breedlove parker lewis robert breedlove fa hayek knut svanholm bitcoin times bitcoin can

CryptoQuikRead_337 - The Tyranny of Time Scarcity - Bitcoin Times Ed 2 - [Robert Breedlove]

Play Episode Listen Later Jan 8, 2020 111:19

“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity or liquidity). By combining and building upon the economic properties of both, Bitcoin is a momentous monetary innovation that has achieved the divisibility, portability, durability, and recognizability of pure information infused with the absolute scarcity of time.” - Robert Breedlove Don’t miss the continuing journey through The Bitcoin Times 2nd Ed, with Breedlove’s excellent piece, “Bitcoin & the Tyranny of Time Scarcity” Drop some applause on this article by following the link below, and don’t forget to check out @timelessBitcoin and @breedlove22 on Twitter for more work like this one. https://medium.com/the-bitcoin-times/bitcoin-and-the-tyranny-of-time-scarcity-1d1550dfd8b0 Other works discussed in the commentary: • Knut Svanholm's "Sovereignty Through Mathematics" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_308---Sovereignty-Through-Mathematics---Part-1-Knut-Svanholm-e7tak7 Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_309---Sovereignty-Through-Mathematics---Part-2-Knut-Svanholm-e7vgr1 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_310---Sovereignty-Through-Mathematics---Part-3-Knut-Svanholm-e8198t Part 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_311---Sovereignty-Through-Mathematics---Part-4-Knut-Svanholm-e851te Part 5 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_312---Sovereignty-Through-Mathematics---Part-5-Knut-Svanholm-e86lbt • Parker Lewis's "Bitcoin Can't Be Copied" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 • Hayek's "Use of Knowledge in Society" Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

gold bitcoin scarcity tyranny hayek breedlove parker lewis fa hayek bitcoin can

CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]

bitcoin fixes unchained trillions parker lewis unchained capital fa hayek

Play Episode Listen Later Nov 27, 2019 50:41

An economy leveraged 150:1 A spiraling tower of debts to pay for our previous debts Central Banks repeating the same policies that caused our problems as their solutions The confiscation through counterfeit of $Trillions in economic production Massive distortions of the price mechanism & monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money Bitcoin Fixes This. Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the Unchained Capital blog. Unchained just dropped the "greatest hits" collection of their blog, tons of great content to explore below: https://unchainedcap.wpengine.com/greatest-hits/ Mentioned in the show: Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]

bitcoin fixes unchained trillions parker lewis unchained capital fa hayek

Play Episode Listen Later Nov 27, 2019 50:41

An economy leveraged 150:1 A spiraling tower of debts to pay for our previous debts Central Banks repeating the same policies that caused our problems as their solutions The confiscation through counterfeit of $Trillions in economic production Massive distortions of the price mechanism & monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money Bitcoin Fixes This. Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the Unchained Capital blog. Unchained just dropped the "greatest hits" collection of their blog, tons of great content to explore below: https://unchainedcap.wpengine.com/greatest-hits/ Mentioned in the show: Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

CryptoQuikRead_322 - The World Has Gone Mad... [Ray Dalio]

system broken ray dalio gone mad hans hermann hoppe fa hayek

Play Episode Listen Later Nov 21, 2019 35:20

The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don't miss it. Link to the original post and Ray Dalio's twitter page: https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/ https://twitter.com/RayDalio Other great works mentioned in this show: The Case for Electronic Cash https://anchor.fm/thecryptoconomy/episodes/The-Case-for-Electronic-Cash-Jerry-Brito-e3rhj6 Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 How is Fiat Money Possible - Parts 1-3 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_234---How-is-Fiat-Money-Possible-Part-1---Hans-Hermann-Hoppe-e3odu1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_235---How-Is-Fiat-Money-Possible-Part-2---Hans-Hermann-Hoppe-e3oon2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_236---How-Is-Fiat-Money-Possible-Part-3---Hans-Hermann-Hoppe-e3p2k1 And if you want to start down a rabbit hole... WTFHappenedin1971.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_322 - The World Has Gone Mad... [Ray Dalio]

system broken ray dalio gone mad hans hermann hoppe fa hayek

Play Episode Listen Later Nov 21, 2019 35:20

The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don't miss it. Link to the original post and Ray Dalio's twitter page: https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/ https://twitter.com/RayDalio Other great works mentioned in this show: The Case for Electronic Cash https://anchor.fm/thecryptoconomy/episodes/The-Case-for-Electronic-Cash-Jerry-Brito-e3rhj6 Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 How is Fiat Money Possible - Parts 1-3 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_234---How-is-Fiat-Money-Possible-Part-1---Hans-Hermann-Hoppe-e3odu1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_235---How-Is-Fiat-Money-Possible-Part-2---Hans-Hermann-Hoppe-e3oon2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_236---How-Is-Fiat-Money-Possible-Part-3---Hans-Hermann-Hoppe-e3p2k1 And if you want to start down a rabbit hole... WTFHappenedin1971.com --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

CryptoQuikRead_321 - Bitcoin is Not Too Slow [Parker Lewis]

bitcoin unchained misunderstandings parker lewis unchained capital fa hayek

Play Episode Listen Later Nov 20, 2019 68:51

The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital. What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money? This piece is packed with digital gold, so don't miss it! Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don't forget to follow Parker on Twitter for more of his work: https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/ https://twitter.com/parkeralewis Other great episodes and content to go down the rabbit hole on this one! • Use of Knowledge in Society Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj • 7 Misunderstandings of Bitcoin's Scaling Problem (this is old, forgive me) https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038---7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf • Bitcoin & Software Reliability https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-beautyon_-e46lnu • Gradually, then Suddenly [the series so far] 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290---Gradually--Then-Suddenly-Parker-Lewis-e55nu4 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302---Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306---Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_321 - Bitcoin is Not Too Slow [Parker Lewis]

bitcoin unchained misunderstandings parker lewis unchained capital fa hayek

Play Episode Listen Later Nov 20, 2019 68:51

The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital. What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money? This piece is packed with digital gold, so don't miss it! Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don't forget to follow Parker on Twitter for more of his work: https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/ https://twitter.com/parkeralewis Other great episodes and content to go down the rabbit hole on this one! • Use of Knowledge in Society Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj • 7 Misunderstandings of Bitcoin's Scaling Problem (this is old, forgive me) https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038---7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf • Bitcoin & Software Reliability https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-beautyon_-e46lnu • Gradually, then Suddenly [the series so far] 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290---Gradually--Then-Suddenly-Parker-Lewis-e55nu4 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302---Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306---Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Coletivismo, servidão e ingenuidade - Prof Dennys resenha Ayn Rand e F. A. Hayek

Direto Aos Fatos

Play Episode Listen Later Nov 19, 2019 67:51

Dennys Garcia Xavier, tradutor e coordenador da série: "Breves Lições" da Editora LVM, elucida os pontos principais dos livros de Ayn Rand "e os devaneios do coletivismo" e do autor F.A Hayek "E a ingenuidade da mente socialista". Ayn Rand "e os devaneios do coletivismo": https://amzn.to/2O11JFq F.A Hayek "E a ingenuidade da mente socialista": https://amzn.to/2O41kCn Assine e entre no grupo do Telegram para ter acesso a material exclusivo : apoia.se/camilaabdo Minhas redes sociais: linktr.ee/caabdo

prof telegram ayn rand minhas resenha dennys servid fa hayek breves li

CryptoQuikRead_251 - Use of Knowledge in Society [Part 2 - F. A. Hayek]

Play Episode Listen Later May 22, 2019 52:39

The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. It is specifically because we only receive the most important piece of information, its new value in relation to other things (the price), that we can so quickly align ourselves with the new state of the world. Don't miss the conclusion of Hayek's work, "The Use of Knowledge in Society." Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. https://fee.org/articles/the-use-of-knowledge-in-society/#0 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

society hayek fa hayek

CryptoQuikRead_251 - Use of Knowledge in Society [Part 2 - F. A. Hayek]

Play Episode Listen Later May 22, 2019 52:39

The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. It is specifically because we only receive the most important piece of information, its new value in relation to other things (the price), that we can so quickly align ourselves with the new state of the world. Don't miss the conclusion of Hayek's work, "The Use of Knowledge in Society." Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. https://fee.org/articles/the-use-of-knowledge-in-society/#0 --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

society hayek fa hayek

CryptoQuikRead_250 - Use of Knowledge in Society [Part 1 - F. A. Hayek]

society bitcoin fees hayek fa hayek

Play Episode Listen Later May 21, 2019 41:30

Is the idea of a central decision maker for the economy just a problem of gathering all the right information and having the most intelligent in control? Or is there a far more fundamental problem with the entire notion? Continuing our #Bitcoin economics week, today we dive into a piece on a concept we haven't yet covered. What is the true nature of the knowledge involved in economic activity, and how do we utilize that knowledge to solve the problem of economic organization? A brilliant work by F.A. Hayek and made available by the amazing team over at FEE.org, we cover and expand on Hayek's "Use of Knowledge in Society." Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. https://fee.org/articles/the-use-of-knowledge-in-society/#0 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

CryptoQuikRead_250 - Use of Knowledge in Society [Part 1 - F. A. Hayek]

society bitcoin fees hayek fa hayek

Play Episode Listen Later May 21, 2019 41:30

Is the idea of a central decision maker for the economy just a problem of gathering all the right information and having the most intelligent in control? Or is there a far more fundamental problem with the entire notion? Continuing our #Bitcoin economics week, today we dive into a piece on a concept we haven't yet covered. What is the true nature of the knowledge involved in economic activity, and how do we utilize that knowledge to solve the problem of economic organization? A brilliant work by F.A. Hayek and made available by the amazing team over at FEE.org, we cover and expand on Hayek's "Use of Knowledge in Society." Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org. https://fee.org/articles/the-use-of-knowledge-in-society/#0 --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

Ep. 37: ये लिबरल आख़िर है कौन?

Puliyabaazi Hindi Podcast

Play Episode Listen Later May 15, 2019 73:03

लिबरलिस्म अर्थात स्वातंत्रवाद आज एक विस्फोटक शब्द हो गया है | लेकिन ये लिबरल होने का आख़िर मतलब क्या होता है? इस प्रश्न का उत्तर खोजते हुए हम फ्रेडरिक हायेक (1899-1992) के लेख पढ़ने लगे | हायेक लिबरल विचारधारा की एक महत्वपूर्ण हस्ती है | The Use of Knowledge in Society, The Road to Serfdom और Law, Legislation, and Liberty हायेक के कुछ धमाकेदार लेख है जो आज भी बेहद प्रासंगिक है | उनकी पहली किताब के प्रकाशन को हाल ही ७५ साल हुए तो हमने सोचा उनके विचारों से हमारे श्रोताओं को अवगत कराया जाए | लिबरल विचारधारा और हायेक की इन रचनाओं पर चर्चा करने के लिए हमारे साथ है अमित वर्मा | अमित एक लेखक और पॉडकास्टर है | अमित कई अखबारों में लिबरलिस्म, क्रिकेट, और राजनीति जैसे विषयों पर लिखते हैं | उनका अंग्रेजी पॉडकास्ट The Seen and The Unseen भारत के श्रेष्ठ पॉडकास्ट में से एक है | Every “-ism” is built on a set of canonical ideas and influential personalities. And one such leading thinker behind the liberalism philosophy is Friedrich August Hayek (1899-1992). His landmark book The Road to Serfdom completed 75 years recently. This book was meant to warn readers that government regulation of our economic lives amounts to totalitarianism. In another influential essay The Use of Knowledge in Society, Hayek writes that a centrally planned economy can never match the efficiency of the open market because what is known by a single agent is only a small fraction of the sum total of knowledge held by all members of society. In this episode, Amit Varma joins us to discuss the relevance of Hayek’s key ideas in today’s India. Amit is a writer and commentator who won the Bastiat Prize for Journalism in 2007. Today, he is one of the few original thinkers on liberalism in India. He is known for his blog India Uncut and his podcast The Seen and The Unseen. He also edited the ThinkPragati magazine between 2016 and 2018. Also check out: A short biography of FA Hayek -- on Econlib The Use of Knowledge in Society -- by FA Hayek The Road to Serfdom -- by FA Hayek Law, Legislation, and Liberty -- by FA Hayek The Society of Mind -- by Marvin Minsky The State of our Farmers -- The Seen and The Unseen episode with Gunwant Patil What is Libertarianism -- The Seen and The Unseen episode with David Boaz Twitter: https://twitter.com/puliyabaazi Facebook: https://www.facebook.com/puliyabaazi Instagram: https://www.instagram.com/puliyabaazi/ Subscribe & listen to the podcast on iTunes , Google Podcasts , Castbox ,YouTube or any other podcast app. You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app. You can check out our website at http://www.ivmpodcasts.com/

[EdF Kap. 28] F. A. Hayek und der Begriff des Zwangs

AlexAnarcho

Play Episode Listen Later May 14, 2019 76:59

Es geht um: Hayek's Verfassung der Freiheit und den Begriff des Zwangs Was ist Zwang nach Hayek's Definition? Warum gibt die Hayek'sche Definition von "Zwang" Probleme? Gibt es nicht einen "goldenen Mittelweg"? --- + Kaufe das Buch - die Ethik der Freiheit von Murray Rothbard - auf Amazon + Die kostenlose Englische Version: The Ethics of Liberty PDF + Kommentiere auf Dissenter.com und folge mir (@AlexAnarcho) --- + AlexAnarcho.net + Komm diskutieren! (t.me/AADiskurs) + Mein Telegram-Kanal (t.me/AlexAnarchoFeed) + Mein YouTube Channel + Mein GAB-Konto + Folg mir auf Mastodon: @AlexAnarcho@Bitcoinhackers.org + Spende mir Monero (XMR): 45ZoRheLkX2H3UjYSFs2wP9yo739nQ7irZA2pX6MQr5FeebkC2n8hABYGQRCcrzJ2AaGbNUyR4EfvanP1G2H5DSrMWi97Sk + Oder Bitcoin (BTC): 1CyJs3FoURVNoKNkc39R34uRb3Jr9mpYrP + Mein PGP Schlüssel + Schreib mir eine Mail

mail buch freiheit begriff komm schreib ethik spende zwang der begriff murray rothbard dissenter zwangs fa hayek alexanarcho

Peter Boettke on F. A. Hayek, Episode 13

Ceteris Never Paribus: The History of Economic Thought Podcast

Play Episode Listen Later Feb 8, 2019 71:56

Guest: Peter BoettkeHosted and produced by Erwin Dekker and Reinhard Schumacher In this episode Erwin and Reinhard talk with Peter Boettke about his new book on Hayek, F.A. Hayek: Economics, Political Economy and Social Philosophy, published with Palgrave Macmillan. We discuss the various stages in Hayek’s work, Hayek’s relation to neoliberalism, Pete’s contra-Whig methodology for the history of economics (with a hat tip to Kenneth Boulding), Hayek’s relation to the Scottish Enlightenment, what it means to be an epistemic institutionalist, and the extent to which there was continuity between the early neoclassicals and the Austrian School. As well as many other subjects related to Hayek, and what a Hayekian research program looks like. Peter Boettke is Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, as well as the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University, and a University Professor of Economics and Philosophy at George Mason University. He blogs at coordinationproblem.org.

Richard Wagner and Peter Boettke on James Buchanan and F. A. Hayek

economics political economy hayek peter j social philosophy fa hayek boettke

Play Episode Listen Later Jan 8, 2019 54:00

Peter Boettke sits down with Richard Wagner to revisit some of Wagner's works on the theories of James Buchanan, political economy, and fiscal sociology. Wagner discusses his treatment of Buchanan in 'James M. Buchanan and Liberal Political Economy' in comparison to Boettke's treatment of Hayek in 'F. A. Hayek: Economics, Political Economy and Social Philosophy,' and the pair take a peek at Wagner's forthcoming work on macroeconomics. CC Music: Twisterium

wagner buchanan political economy hayek richard wagner james buchanan social philosophy fa hayek boettke peter boettke james m buchanan

F.A. Hayek: Economics, Political Economy and Social Philosophy

Cato Daily Podcast

Play Episode Listen Later Sep 19, 2018 32:17

The project of F. A. Hayek had its historical context, and it’s worth exploring. Peter J. Boettke is author of F.A. Hayek: Economics, Political Economy and Social Philosophy. See acast.com/privacy for privacy and opt-out information.

Bruce Caldwell on F.A. Hayek, Economic History, and His Life's Work