Podcast appearances and mentions of James Dale Davidson

Orange Pill Addicts Podcast

Play Episode Listen Later Oct 9, 2022 96:52

The idea of leaving society to start up a new one isn't exactly new... history is full of people leaving to go start new countries. But the idea became especially fashionable in 20th century America and was jump-started as a reaction to the counterculture in the 1960's, and given new life by Silicon Valley entrepreneurs in the 2000's. Dave talks with Raymond Craib, professor of history at Cornell University, about his new book "Adventure Capitalism: A History of Libertarian Exit from the Era of Decolonization to the Digital Age" which covers the upsurge in these ideas in the 60's to today, and their connection to everything from Brexit to Seasteading. Learn more about Ray Craib's work on Twitter (@raycraib) and at his Cornell faculty page: https://history.cornell.edu/raymond-b-craib Adventure Capitalism (Book): https://www.goodreads.com/en/book/show/57700808 Keywords: Libertarian exit, libertarianism, Murray Rothbard, Friedrich Hayek, Ludwig von Mises, Milton Friedman, Michael Oliver, Werner Stiefel, New Atlantis, Tonga, Minerva Reefs, Abaco, Bahamas, Mitchell WerBell, Andrew St. George, Phoenix Foundation, Azores, New Hebrides, Vanuatu, Stefan Mandel, Mondragon, David Duke, Bayou of Pigs, Peter Thiel, Seasteading, Joe Quirk, Patri Friedman, Balaji Srinivasan, Nick Land, Curtis Yarvin, Mencius Moldbug, Urbit, Hans-Herman Hoppe, James Dale Davidson, William Rees Mogg, Jacob Rees Mogg, Brexit, Sovereign Individual, Longtermism, Effective Altruism, Honduras, ZEDEs, Charter Cities, Liz Truss, Shankar Singham, Barbara Kolm, Mises Institute.

OPA27: Bitcoin Lake, Mining on Waste, and Orange Pilling the Community

Play Episode Listen Later Oct 4, 2022 64:41

In the twenty-seventh episode, recorded at block #756141, hosts Turbo, Mitch, and Don talk w/ Eliazar, Chet, and Bill about what Bitcoin Lake is and how it is developing.Find Our Guests on Twitter:Bitcoin LakeEliazarChetWild BillWebsite: bitcoinlake.ioResources Referenced: Sovereign Individual by James Dale Davidson and William Reese-MoggBit Buy Bit PodcastEl Patron Bitcoin /The Bitcoin Standard by Saifedean Ammous) - Free PDFThe Little Bitcoin Book by Lily Liu and Timi AjiboyeSponsors: The Satoshi SentinelThe Satoshi Sentinel is the best place to find the latest news, articles, and information on the Bitcoin industry. Instead of following 10 news sites, 15 blogs, and 100 Twitter accounts, you can simply check out The Satoshi Sentinel dot com for the best selection of articles, carefully curated for all the orange-pilled addicts.www.thesatoshisentinel.comTwitter - @satoshisentinelVoltageVoltage provides enterprise-grade services for Lightning. Voltage gives everyone the power to run their own Lightning Node without the hassle of dealing with the command line, updates, hardware, or uptime complications through a user-friendly web-based dashboard and API. You can also get inbound liquidity with their Flow product. Sign up on their waitlist for their next-gen platform and join the community on discord.www.voltage.cloudTwitter - @voltage_cloudTwitter Info: -@OrangePillAddix-@TurboHodl-@WittyUsername30-@kc_hodlKansas City Bitcoin MeetupKcBitcoiners.comIntro music by Coma-Media from PixabayDisclaimer: This podcast is for entertainment purposes only and should not be used as financial advice.

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How To Buy Multiple Investment Properties to Reach Your Time-Freedom Point

How to Scale Commercial Real Estate

Play Episode Listen Later Aug 29, 2022 26:03

In this episode, we welcome Dr. Axel Meierhoefer, Founder and CEO of The Ideal Wealth Grower, to offer his perspective on what's happening in the world and how real estate can still be a profitable investment even as the value of the money decreases. He digs deep into economic cycles, assets with long-term potential, and what we should be doing now to build and protect wealth. To Dr. Axel, the end goal is time-freedom point, where we can be free to choose what we want to do with our time and without having to worry about money and expenses. [00:01 - 07:02] Stop Trading Time for Money Dr. Axel talks about how he started his journey to financial independence What is the time-freedom point? Through conversations about his investments, he's able to educate others about wealth-building [07:03 - 24:14] Invest in Assets That Hold Their Value Cycles in the economy repeat themselves, with periods of prosperity followed by recession Understanding these cycles will help us make better investment decisions More thanan money, we need investments that retain value and create legacy like real estate Is economic realignment under way? Solving the illiquidity through tokenized real estate Dr. Axel goes into detail how their platform works and how shareholders can benefit from the system [24:15 - 26:03] Closing Segment Reach out to Dr. Axel! Links Below Final Words Tweetable Quotes “If you want to do something that creates a legacy, that gets you to the time freedom point, that allows you ultimately to turn something over to your kids and their kids can turn it over, you need something that retains value.” - Dr. Axel Meierhoefer “One thing I know is people still need to live somewhere, right? And people still need to have some means of exchange with each other if they want to have any form of economy.” - Dr. Axel Meierhoefer ----------------------------------------------------------------------------- Connect with Dr. Axel at the Ideal Wealth Grower's website! Resources Mentioned: The Fourth Turning by Neil Howe and William Strauss The Sovereign Individual by James Dale Davidson and William Rees-Mogg Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Dr. Axel Meierhoefer: And that's why I'm saying we need to be aware. That's why these kinds of studies about, you know, where are we, where are we in the cycle, can this keep going on, or are we moving closer and closer to kind of like a realignment of some kind? And I think we do, I mean, certain things. I think we see it, you know, there's war in Ukraine, there's increasing friction between the United States and China as the two biggest economies in the world. Things are changing. [00:00:38] Sam Wilson: Axel Meierhoefer is the founder of Ideal Wealth Grower and host of The IDEAL Investor Show. He's a mentor that helps his clients reach their time freedom point. Axel, welcome to the show. [00:00:49] Dr. Axel Meierhoefer: Hey, Sam. Thanks for having me. [00:00:51] Sam Wilson: Hey, the pleasure's mine. Actually, there are three questions I ask every guest who comes in the show. In 90 seconds or less, can you tell me where did you start? Where are you now? And how did you get there? [00:00:59] Dr. Axel Meierhoefer: Yeah, absolutely. Well, I started in Germany, came over to the US with the military, stayed longer than anticipated, and then actually had to decide, do we go back or do we stay? We decided to stay and out of that came a job in the civilian world as an executive in a software company, which begged the question, okay, so do you want to work forever or do you find a way to, you know, have a point in time when you don't have to work anymore? I said, no, I don't want to work forever, but how do I make that happen and started to research. And at the time stock market was terrible. So I looked for alternatives, found real estate really studied, turned our house that we lived in into an investment property. So we could move and basically went down that rabbit hole deeper and deeper and deeper. And ultimately now where we are is I founded an organization called Ideal Wealth Grower, which invites people to receive mentorship to go down the same path that I've gone down to build a residential real estate portfolio and reach what we, like you said, call the time freedom point, which we define as the point in time on the calendar where your passive income, the money that your investments make is equal or more than your life expenses, including like having a vacation and getting some nice things and going out to dinner and all the other stuff that you have and keep growing from there. And then you have the freedom to decide, okay, if I don't really need my regular job or whatever other income source you have, what do I want to do with my time? Which can mean you keep doing what you're doing, because you love it, or it can mean you want to do half of it because you don't love it so much and do something that doesn't make money, but you love that more. Or you can say, Hey, you know, I don't want to do very much at all anymore that is creating time for money, but rather do things that I'm really passionate about it. And don't care about money because I know my passive income is taking care of me and my family. [00:02:57] Sam Wilson: I like the idea of that. It's certainly a theme that we've had here a lot on the show, which is, you know, no longer trading time for money. I mean, that's a common theme, I think, in most real estate investment circles. But tell me this, do you have, and I know it depends on the types of investments that you're putting people into, but is there a general rule where you say, okay, if you're going to make investments, is there a nest egg size? Let's say you're trying to replace, we'll just keep this easy math, that you're trying to replace a hundred thousand dollars a year income. What do you see most people needing in order to get that far in a passive investing, I guess, portfolio? They need 1 million, 2 million, 5 million. What do you see on average? [00:03:41] Dr. Axel Meierhoefer: Yeah. I mean, that million in asset value is one way to look at it. What I have done is actually to look at what is a realistic cash flow outcome from a residential real estate property, meaning like a three bedroom, two bath, four bedroom, two bath single family home or duplex, something like that. What I found is for, like what you're saying, a hundred thousand is kind of like in the area of about 8,500 a month or something like that, you're looking anywhere between 10 and 15 properties and depending on how much income, how much disposable income you actually have that can take anywhere from 8 to 12 years to get there. [00:04:18] Sam Wilson: Got it. That's a very precise answer. I appreciate that. That's very, very helpful. That's really cool that you helped people kind of get down that path. How did you hatch the idea that you could bring other people along this journey? [00:04:30] Dr. Axel Meierhoefer: Well, I didn't hatch it to be very honest. Actually, other people hatched it so to speak for me and they hatched it based on the fact that, as I got more and more passionate and excited about the whole investing, I don't know, some people might say it feels a little bit like bragging, but I just felt it was exciting to me to tell other people what I was doing, you know, telling people, Hey, I found this awesome property in Idaho and I bought it and it's managed and it makes, at the time when we first started, it makes $200 a month. And then a couple of months later, we meet for, I don't know, Memorial day or Thanksgiving or something like that. And somebody says, so anything new that then you're doing? And I said, oh yeah, yeah, I found a new one in Ohio that I'm doing now, right? And so over time as I kept, my conversation became more and more I did this investment, that investment and so forth. And some of my friends and colleagues were saying, wow, I mean, you, aren't you afraid that, you know, like how do you know that they work? And so, I have always been in this kind of instructional, loving to educate other people kind of frame of mind. So I immediately started to get a quote, unquote, lecture people, oh, I'm looking at this and we analyze this and this and that and so forth. And after a while, people basically knew, okay, if we ask him something, he's going to probably go down that rabbit hole again. But there were also sometimes situations like I had a property we lived in California, in the Santa Barbara area. And when my wife and I moved, we turned that property initially into an investment property and then ultimately 1031 exchanged it into a whole bunch of smaller properties in the Midwest. So that was a great new story for our friends and family. And at some point, people back to the point of hatching said, you know, for years now you have been telling us about it and you have all this kind of fancy language and stuff like that. But the bottom line is you're obviously making the money because sometimes the conversations were okay, so you're doing this consulting work and the economy is going up and down. Do you always have enough money to actually pay for everything? And you're living in pretty expensive areas? And I said, well, you know, it's been all my business initially, but now it's subsidized by more and more of the passive income. And I'm actually looking forward to the day when all the passive income is enough. And I don't really have to necessarily work in any kind of regular job anymore. And that was probably the hedging point, right, where people said, well if that is really what is happening, you should tell other people how they can do that too. [00:07:02] Sam Wilson: That's awesome. I love that. What are you telling people right now? I mean, the conversation, I mean, obviously everybody's crystal ball is broken, but people are looking right now, I think, especially investors are going, where are we? Where are we going? What's coming down the pike? I don't know. What are your thoughts on that? [00:07:20] Dr. Axel Meierhoefer: One thing that I've always been interested in let's say the last year or two, I have really started studying quite a bit is to see how have we, and to your original question, how did we get to where we are right now, but on the bigger picture. And so if somebody were to ask, okay, what did you study? Where did you go? What did you find? I, for example, looked at a book that I really, really recommend is called The Fourth Turning, which actually describes that economy and social developments are happening in cycles that are anywhere between about 90 to 120 years long. The two authors analyzed that for the last 500 years and found that about a hundred-year cycles keep repeating themselves. So if you look at where we are right now, we are at the end of a hundred-year cycle that started with The Great Depression, right? So if you read it, I don't want to go too deep about what that particular book says, but fundamentally that's one thing to say, okay, what are the indications of where we are and what is to be expected? Another one is the book called The Sovereign Individual, which basically was written just when the computer age started projecting that microprocessors and the internet and mobile phones and all that kind of stuff is fundamentally going to change our society. And I think we've all seen this, but what hasn't happened, and you and I, before we started recording, touched on blockchain and crypto and stuff like that. The Sovereign Individual is basically going through the extreme, in a sense to say, we need to have sovereign money, right, and you, if you think that through what I'm taking from, that is, well, ultimately the things that make us as individuals, sovereign, if that's really something that we want or that we believe that we have rights and so forth, then the things that we can really influence ourselves. So I go back to the fundamentals and say, okay, we, as human beings need shelter. We need safety. We need food. And we need one thing that Maslow doesn't have in his basics for pyramid of needs is some way to exchange with each other. Now, right now, if you take the money that we are always talking about, when we are talking about real estate investing is basically the money governed by our government. And we have ours in dollars and the Japanese have Yens and the Chinese have Won and the Europeans have Euros and sometimes you might be lucky to live in an area where the money is at least reasonably stable, even though if you look from The Great Depression to today, 99% of the value of the dollar is gone. If you compare what was the dollar worth in 1923 and what it is now, what you can take in 1913 when the federal reserve was started, anywhere between 95 to 99% of the value is gone, right? So why is that relevant? Because every kind of money, things like pretty pictures under the pieces of paper that have ever existed ultimately become worthless. So for me, going back to your original question, that means what I'm looking at is what are the things that retain their value. Nobody would debate that a gold coin, a one ounce gold coin has value, had value 5,000 years, 2,000 years, a thousand years, and today, right? I think something similar will happen with something like Bitcoin. But the other thing is when we go back, anything that is related to real estate always had value. And even in the way that we built here in the US, which is not like the Romans built or some of the early Europeans built, but even our houses now is a hundred years. And when you look at a house that was built in 1913 and kept up well, because $4,000 to build a really nice house then, that house is probably $400,000 now. [00:11:15] Sam Wilson: Every bit of. [00:11:16] Dr. Axel Meierhoefer: And the thing is what is really an interesting way to think about, when the people in 1913 when the fed was created, moved into this brand new house, did they get any different value from the house in what it is for? What does it provide? To somebody who buys that same house now fully renovated by a turnkey provider. And the new family moves into that same house, they get the same fundamental value of living in a space and all that out of the house. But it's a hundred times more expensive. Or you could say your money is a hundred times less valuable. Those kinds of things go through my mind. And that's why I'm saying, you know, for the people that I work with, I always want to get the message across that if you want to do something that creates a legacy, that gets you to the time freedom point, that allows you ultimately to turn something over to your kids and their kids can turn it over and so forth, then you need something that retains value. And that's where you get to real estate and gold and silver and maybe Bitcoin and things like that. [00:12:22] Sam Wilson: Yeah. That is absolutely, absolutely true. The other way I think about that is things that can be repriced or repriced easily. I think about, you think about real estate. Okay. So you buy an income-producing real estate. Well, today you're paying in dollars, and then maybe it's next year, our version of money has changed, but I can still then reprice that to whatever that day's version of money is, is that kind of what you're saying? [00:12:48] Dr. Axel Meierhoefer: Well, that's one way to look at it or you could basically go and say, okay, how much did an ounce of gold cost in 1913? How much does an ounce of gold cost right now? And how many ounces does it take to buy the house? And if you compare that to the number of dollars, you will be shocked because obviously, I'm not pooing currency because it's a dollar or because it's a yen or because it's a Euro, the system in and of itself, the way we are living in and where we are right now, if you look at our economy and you said the crystal ball is broken, true, but there is a lot of facts. You can't debate or deny the fact that we have more than 30 trillion, I can't even fathom what that means, but 30 trillion in national debt. That doesn't include city debt or state debt or anything like pension plan debt. Anybody who's ever done anything in business or even in your private life, where you're so, so over-leveraged in debt. Now we go and bring it to our real estate investing or your Bricken Investment Group and you think about, and talk to your clients. I'm sure you're bringing this up too. When the media tells us the federal reserve has increased the interest rates by 1%, for now one and a half percent in the last two cycles, it gives us automatically because we think in those categories, oh, one and a half percent. Yeah. That's something, but it's really not that much. It takes on a different quality when you look at it that, okay, that debt that we had in 2021 cost us 562 billion in interest at 0.25% interest. Now we are at 2.5%. How much is that? That's eight times as much. Well, and basic math tells us if it was 560 billion, it's eight times more interest and all we're talking about paying interest on it, it's eight times more than that, right? So we are looking now at potentially paying $2 trillion just an interest, but guess who is paying that? Anybody who pays taxes that in some way. And that's why I'm saying we need to be aware, and that's why these kinds of studies about, you know, where are we, where are we in this cycle, can this keep going on, or are we moving closer and closer to kind of like a realignment of some kind? And I think we do. I mean, certain things, I think we see it, you know, there's war in Ukraine, there's increasing friction between the United States and China as the two biggest economies in the world. Things are changing, not necessarily with guns, in Ukraine, yes. But in the bigger picture, we are not really shooting at each other, which used to be the way, right, the French revolution, World War I, and World War II and stuff. We used to shoot at each other and then at the end we reorganized everything. That's how the United States became the number one dog in the game, right? But I hope at least that we are not going to shoot at each other to realign, that we just realign by recognizing that certain things are just not sustainable going forward anymore. How is that going to look like? I can't predict, but one thing I know is people still need to live somewhere, right? And people still need to have some means of exchange with each other if they want to have any form of economy. However, that might look like. I don't know if we all going to have Bitcoin and Lightning Network in the future as our way of exchanging, or if we have a hybrid between regular money and digital money, who knows. But the means to exchange a service for a good, you know, something you do for some food that you buy or a car you want to have, and one of the ways that we are doing it in our Ideal Wealth Grower system is to help people to have value assets that even as the value of the money is declining, the value of the property remains. It's just more money. But that house in 1913 and the house in 2022 is the same house, fully renovated, same service that it provides to you. It's just more little pieces of paper that you need to put on the table. [00:17:00] Sam Wilson: Right. Yeah, absolutely. I like that idea where the value of whatever it is you're investing in remains absolutely the same. Tell me about this. You guys have, are working on, or maybe you currently have a platform where it is bringing some liquidity to real estate investments. I know, especially for us here on the commercial side, when someone parks a hundred or 200 or $500,000 with me. That's a pretty illiquid investment for actually all of us, myself included. I'm in plenty of deals right now that are completely illiquid. My capital is parked. Of course, I get my returns, but it's still parked capital. How are you guys solving the liquidity issue in real estate investments? [00:17:43] Dr. Axel Meierhoefer: Well, the way we are serving it is basically by what I call fractional or tokenized real estate investing. And it's in a sense, you know, yes, you are a person. Yes, you may have an asset like a house, but for the stuff that you do, you get paid in some form of income salary and stuff like that. If you take that analogy and you try to transfer that into a typically illiquid asset, like real estate, we are using a platform that a friend of mine has founded where they go out basically and say, okay, let's look at the criteria that we want to have for a well-performing residential real estate property. Let's say a fourplex, and that fourplex is somewhere in the Midwest and it costs $240,000. And we have four units, each unit is rented for 600 bucks. So we have $2,400 rent. Now I would say, and I'm sure you would say just on the phase, regardless of how the process works underneath, that's 1% performance between purchase price and rent. That's pretty good. And if these four units are reasonable, like one or two bedroom, one bath units, $600 a month is actually not really an outrageous level of rent, right? So you have some of the criteria, then you look at the region where it is and you find out, well, this house is in a nice neighborhood. It has good access to reasonable schools to shopping, to transport and all those things that you would normally use to identify suitable properties. So this company, this platform goes and said, let's sign a contract for a 123 Bricken Avenue where this house happens to be. They put it under contract and the right next step is to say, okay, now let's form an LLC. That we call 123 Bricken Avenue, LLC. And because it's $240,000 and we want to sell the shares at $50 a pop, it's, what, $4,800. And then they put that literally on the platform. And so we have two scenarios, people who come to us and say I have 10, 15, $20,000 that I can use to invest. And we all know how the markets have gone up in value. That's typically right now, too little to really be able to make an investment in a full property, right? If you take our $240,000 property, we need $48,000 down payment for 20% up. So if you have 20 or 25, I would say, well, let's park it in our cash flow parking spot, which is this platform because that 123 Bricken Avenue for your 20 or $25,000, we can get about 10% of that LLC in shares. Of those 4,800 shares, we can get probably 450 or 480 for the money you have. And you will participate in the performance of this property, in the cash on cash return. They have $2,400 rent, the depreciation, all the good stuff that I'm sure you have many times mentioned on how real estate is actually a really good investment and what it does for an investor. All of that, you participate in. The only thing that you don't have when you invest in this platform compared to buying a property outright is the leverage, right? Because if you had to only put in these 20% slash $48,000 and you get a $240,000 property, you make all the rent, you get the whole benefit, but you only needed to put 20% in. Well, if you go on that platform, it's basically a cash purchase. But the beauty is, and why we are recommending it is for one, for this person that has that 20, $25,000. But also for people to say, I know real estate investments is getting me into valuable assets just as we discussed earlier. But I only have a few thousand or I can only really put a couple of hundred dollars aside, but then you can get familiar, go through the same process, all the things that we normally do as I mentioned, and putting your money into this cash flow parking spot until it has grown to be enough to make a direct investment into your first own property. And the reason it's liquid, because that's what you were asking, Sam, is how do you do it to keep it liquid is that, in this kind of investing, it's a cash purchase and the rent proportionally to how many of the shares you own? Let's say you own 450 of the 4,800, you get proportionally that's about 9% or so, 9% of all the things, the depreciation, the rent, and so forth. You get every day. Now you don't get your tax papers every day. You get that once a year, but the rent is basically in your account. You can log into your account. And every day at 6:00 PM, you see the rent for the day is there, which also means if the day comes where you say, Hey, Sam actually wants to now buy this property next door. That is the same thing, same price, same rent, same thing, but they want to own it together. Well, then we sell our shares. We got our rent yesterday at 6:00 PM. And we get the value of our shares, plus any kind of appreciation and now have that cash to buy the property next door. That's just another fourplex, the same thing on the same street, right? So that's basically how we basically keep the liquidity because I call it the share, meaning like the relationship between those who actually have the property on the platform and us as the investors is updated 6:00 PM every day. So the fact that your share, basically your relationship with the providers is up to date at 6:00 PM every day, which means you basically are good. You have your rent money. Everything is in your account. If you say, I want to sell my 450 shares tomorrow, you get the value of your shares. If there was any appreciation in the property, then they're not $50. There might be $51 now per share. Plus you get got all your rent up until yesterday night. So you're all good. [00:23:43] Sam Wilson: That's amazing. [00:23:43] Dr. Axel Meierhoefer: Obviously, these shares don't go back to some kind of title company. They just go to somebody else, either in the LLC or on the platform where every Friday after 3:00 PM, any shares that have been provided back to the platform for, say, for anybody who goes there and wants to have some more, right? So it's basically, very, very liquid in that sense, but all the rules, all the things that we and your audience are familiar with when it comes to residential real estate investing apply except for the finance. [00:24:14] Sam Wilson: Right. Axel, this has been absolutely fascinating. Thank you for taking the time to come on the show today to kind of break down where you think we are going in the economy. We've talked a lot about money. We've talked about ideal wealth growing and talking about, you know, finding the right amount of cash flow to how much money you're looking to replace. Things like that. And then also just a really unique platform that you guys are working on that is bringing liquidity to the real estate, I guess, you could call it shares space 'cause they're, that is really what's lacking is liquidity amongst shareholders. So I think that's going to be a really interesting thing that, you know, and we see this coming. It's something that's been needed for a long time. So thank you for taking the time to kind of pioneer that product and figure it out here for our investors. If we want to get in touch with you or learn more about you, what is the best way to do that? [00:25:00] Dr. Axel Meierhoefer: One best way is to just go to idealwealthgrower.com and wait about 30 seconds and something pops up and says, set up a call, so you can do that. And you get like, an invitation to the newsletter and stuff like that. But also if you just put Ideal Wealth Grower into Google or any other search engine, we are pretty much on any social platform and so forth. So there's a thousand roads that lead somehow to get to us and get in touch. [00:25:26] Sam Wilson: Awesome. And we want to make sure, of course, we put that in the show notes, idealwealthgrower.com. Axel, thank you again for going to the show today. I certainly appreciate it. [00:25:34] Dr. Axel Meierhoefer: Yeah. Awesome. Thanks, Sam. Thanks for having me.

Santiago Siri: Crypto Governance, DAOs, Digital Identity and Voting.

Boardroom Governance with Evan Epstein

Play Episode Listen Later Aug 15, 2022 73:15

0:00 -- Intro.1:30 -- Start of interview.3:32 -- Santi's "origin story". He was born and grew up in Buenos Aires, Argentina. "The year 1983 was a symbolic year in Argentina because it's the year that democracy came back to the country." "My generation was tainted by two events: the hyperinflation of 1989 and the collapse of 2001 (peso devaluation and bank deposit freezes)."5:11 -- Argentina's strange political case. 7:24 -- Santi's professional background going from gaming, to founding "Partido de la Red" (the "Net Party") in 2012 - a political party in Argentina (inspired by Giorgio Jackson), and his pivot to crypto.14:04 -- His endeavors with Democracy Earth Foundation and UBI (Universal Basic Income through the Ethereum blockchain). The impact of Bitcoin and the new generation of builders in Argentina, with global leaders such as Decentraland. The strong adoption of crypto in countries like Argentina, Venezuela and Cuba: "There is a real need for crypto in countries that need an alternative."16:12 -- The connection of crypto with corporate governance. His interest on voting "we realized that whoever controls the registry of voters can decide the outcome of elections." The concept of Proof of Humanity ("the protocol got activated in March 2021 and it has had 50 proposals since then." How voting works in this DAO. "You see how contested the positions are to the extent of how people are willing to cheat in order to win." 23:19 -- Explaining DAOs (Decentralized Autonomous Organizations). Different DAO applications. Token voting. On The DAO hack (2016).25:59 -- On the evolution of DAOs. On Vitalik Buterin (co-founder of Ethereum): "I think he's today's most inspiring leader in technology, by far. In the same rank as Elon Musk, and many other great ones." "A lot of the [crypto] community looks up to him as a role model who really understands what it means to lead through the process of creation of a decentralized network." "It's a very counter-intuitive exercise in leadership because you actually need to reject being in control, in order to gain legitimacy." "The role that founders play in these networks I think is a determinant factor in the outcome of how projects evolve over time." "Nothing ever begins decentralized, it needs to be progressively decentralized throughout time." "Building institutionality in cyberspace I think has tremendous power for coordination of humans and capital in a global, more legitimate way."28:46 -- On the role of founders, contrast between 'traditional' founder-controlled startups and new decentralized crypto projects. On Vitalik's founder's take in a reply to Balaji Sirinivasan's book the Network State. Santi has personally dealt with some of these founder debates, he's currently a Mission Board Member at Proof of Humanity, elected by the community.32:32 -- On the contrast of "corporate governance" and "crypto or DAO governance". "One of the most interesting projects in the space right now, I think is a project called Kleros, a decentralized arbitration service for disputes of the new economy." "They work as oracles that bring into the blockchain human judgment, based on a drafted policy or guideline." This is very important for enforcement, and to audit the decision process. On-chain governance vs Off-chain governance. The cases of Aragon and Moloch DAO (founded by Ameen Soleimani). "In Proof of Humanity, we don't want voting to be on-chain, because it makes it expensive to vote. The purpose of voting is to be an alternative to economic incentives. So voting needs to happen off-chain for voting to remain free [and] a right." Snapshot as the off-chain voting mechanism. Kleros' Governor solution.42:18 -- On Proof of Humanity (~16,630 profiles), its DAO, and UBI. "Argentina and Brazil are two of the leading adopters of UBI right now." Proof of Integrity DAO (promoting technological inclusion).47:44 -- On the current "crypto crash", the cases of Terra/Luna, Celsius. "You can see the ripples of Terra going down throughout the industry, it led to the Celsius and 3AC collapse... you can see the dominoes falling in a very clear way."55:12 -- On the advantage of understanding how to code. [reference to Vitalik's visit to Buenos Aires in his podcast "Por Qué No Te Habré Hecho Caso" (a leading crypto podcast in Spanish] 57:10 - Some of the books that have greatly influenced his life: The Star Maker by Olaf Stapledon (1937) *prologue written by Jorge Luis Borges.Gödel, Escher, Bach, by Douglas Hofstadter (1979) "the bible of Artificial Intelligence"The Sovereign Individual, by William Rees-Mogg and James Dale Davidson. (1997)59:44 - Who were your mentors, and what did you learn from them? Emiliano Kargieman, now CEO and founder of Satellogic.*story of Vitalik Buterin's visit to Buenos Aires in Dec of 2021.*on El Salvador's Bitcoin adoption by President Nayib Bukele.01:08:22 - Are there any quotes you think of often or live your life by? "Sic transit gloria [Mundi]" (Latin for "Glory Fades" or "thus passes the glory of the world") *he first heard about it in Wes Anderson's movie Rushmore (1998). 01:09:23 - An unusual habit or an absurd thing that he loves: Iglesia Maradoniana!01:10:31 - The living person he most admires: his brother Liniers, a famous Argentinean cartoonist. "It was like growing up with Walt Disney."Santi Siri is the Founder of Democracy Earth Foundation, a non-profit organization backed by Y Combinator that built Universal Basic Income (UBI) on Ethereum and launched Proof of Humanity, where he serves as a Mission Board Member. He was the founder of "Partido de la Red" (the "Net Party") in Argentina, and is the currently the host of the podcast "Por Qué No Te Habré Hecho Caso", focusing on crypto (in Spanish). He has been featured on Wired, Time and many other media outlets.__ You can follow Santi on social media at:Twitter: @santisiriUBI token: @ubidotethProof of Humanity DAO: @PoHDAODemocracy Earth: @DemocracyEarth__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

The Real Estate Sessions Rewind - Natalia Karayaneva, CEO Propy

The Real Estate Sessions

Play Episode Listen Later Jul 19, 2022 41:03

Episode Summary: Guest: NATALIA KARAYANEVA Episode Summary: Meet our guest in this episode, https://propy.com/browse/about/ (Natalia Karayaneva, CEO of Propy) and serial entrepreneur born and raised in Russia. In this episode, I sit with Natalia as she explains key concepts about Blockchain, Cryptocurrency, NFTs, and smart contracts, paving future trends and developments in the real estate processes. Top Takeaways: "I strongly believe in the experience of a real estate transaction to be as easy as buying a book online." - [Natalia Karayaneva] "Do not be afraid of novelty; embrace innovation." - [Natalia Karayaneva] Episode Highlights: [00:23] Intro [00:54] Meet today's guest, Natalia Karayaneva. [03:12] About Natalia's background. [08:30] Natalia's first exposure to Blockchain [14:30] Discussing Cryptocurrency and Blockchain in Real Estate. [27:12] NFTs in Real Estate. [36:13] About the "Learn and Earn" App. [38:15] Natalie's advice to new agents. [39:04] Connect with Natalia. [40:18] Outro Episode Notes: Growing up in Russia, Natalia struggled through the devastating communist collapse, with a shortage of resources and other hardships that pushed her into entrepreneurship. Even with this, she never expected to leave Russia. However, as a child, she knew she wanted to do something impactful and was fascinated by other cultures and technology. At 19, Natalia moved to Bulgaria, got married, and started her first company creating applications for small businesses. She also worked on a significant social media project to improve real interaction between people and reduce the anonymity in social media platforms in the past. With a Computer Software degree in Russia, and a Master's degree in Sustainable Urban Development at Oxford, Natalia's passion lies in Blockchain, Real Estate, and Sustainability. Describing how she picked interest in Blockchain, Natalia recommends "https://www.amazon.com/Sovereign-Individual-Mastering-Transition-Information/dp/0684832720 (The Sovereign Individual)" by James Dale Davidson. Following the crash in the value of the Russian Ruble after the collapse of communism, her family finances were severely affected, and she learned the need to have prodigals that are fair to a large number of people, independent of government activities. This initiated her motivation to start Propy even though, at the time, she knew nothing about Blockchain. The name "Propy" came about as Natalia stumbled on the domain "Propy.com" while trying to find a suitable one for her business-related property. Natalia agrees that all the different aspects of Real Estate can be integrated into a compact digitized form as a smart contract in the future. So far, the Blockchain mechanism has never been hacked, so they are considered highly secure. About Blockchain/ Cryptocurrency: Cryptocurrency is virtual money, independent of any government or corporation. Many people are getting more involved with it, especially in developing countries where they don't trust their government. Bitcoin is the first significant cryptocurrency launched 13 years ago; Listeners are encouraged to review the https://www.google.com/url?sa=t&source=web&rct=j&url=https://bitcoin.org/bitcoin.pdf&ved=2ahUKEwifvsHGxKH0AhUPlRQKHYBTBPIQFnoECAQQAQ&usg=AOvVaw05-4mYD7EyyKjwcHh8i0Vw (Bitcoin white paper). Ethereum is also a cryptocurrency, but it also has the capability of smart contracts, which will be adopted in Real Estate. It is important to note that becoming a bitcoin miner as a single user on a computer is now virtually impossible. The tasks are more complicated by far due to the high level of competition among existing miners. However, other Blockchain networks give coin rewards to people who already own a...

S3 Ep. 18 Lisa Gill – Looking Beyond Teal

Boundaryless Conversations Podcast

Play Episode Listen Later Jul 8, 2022 55:44

Lisa Gill is an organisational self-management coach and trainer with Tuff Leadership Training. She was included in the Thinkers50 Radar 2020 for her work with self-managing teams. Lisa is also the host of the Leadermorphosis podcast, for which she has interviewed thought leaders and practitioners from all over the world about the future of work, and the author of 'Moose Heads on the Table: Stories About Self-Managing Organisations from Sweden' (2020). Tune in to this episode as we discuss why the way we are working is not working. We reflect over new ways of working, the post-agile era of interrogating the ‘what', the power of peer-led movements, some great new technologies that are emerging, and why we can't ust solve things by systems or processes. A full transcript of the episode can be found on our website: Key highlights > Emerging trends in the world of organising and teams > What are the emerging technologies that are informing the way we organise > The need to identify your guiding principles when adopting new technologies > What Lisa has learnt from working with new types of organisations > The need to shift behaviours – not just systems To find out more about Lisa's work: > Twitter: https://twitter.com/disruptandlearn > Website: https://www.reimaginaire.com/ > LinkedIn: https://www.linkedin.com/in/lisa-gill-23815a4/ > Leadermorphosis Podcast: https://leadermorphosis.co/ > Lisa Gill, Moose Heads on the Table: Stories About Self-Managing Organisations from Sweden, 2020: https://www.amazon.com/Moose-Heads-Table-Karin-Tenelius/dp/9151954508/ Other references and mentions: > Sensemaking Webinar #1 – Organizational Adaptation to the Changing Landscape: https://boundaryless.io/video/sensemaking-webinar-1-organizational-adaptation-to-the-changing-landscape/ > Enspiral: https://www.enspiral.com/ > Loomio: https://www.loomio.com/ > Cobudget: https://cobudget.com/ > Murmur: https://www.murmur.com/ > Maptio: https://www.maptio.com/ > Huddle Craft: https://www.huddlecraft.com/ > Money Movers: https://www.wearemoneymovers.com/ > Amy C. Edmondson, Teaming: How Organizations Learn, Innovate, and Compete in the Knowledge Economy, 2012: https://www.amazon.com/Teaming-Organizations-Innovate-Compete-Knowledge-ebook/dp/B007MF3BRA > Matt Black Systems: https://www.mattblacksystems.com/ > James Dale Davidson and William Rees-Mogg, The Sovereign Individual: Mastering the Transition to the Information Age, 1999: https://www.amazon.com/Sovereign-Individual-Mastering-Transition-Information/dp/0684832720 > Saifedean Ammous, The Bitcoin Standard: The Decentralized Alternative to Central Banking, 2018: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861/ > Saifedean Ammous, The Fiat Standard: The Debt Slavery Alternative to Human Civilization, 2021: https://www.amazon.com/Fiat-Standard-Slavery-Alternative-Civilization/dp/1544526474 Find out more about the show and the research at Boundaryless at https://boundaryless.io/resources/podcast/ Thanks for the ad-hoc music to Liosound / Walter Mobilio. Find his portfolio here: https://boundaryless.io/podcast-music Recorded on 8 June 2022.

Paranoia On Parade, Part 2: The "Directors Cut" with Jack Bryan

Play Episode Listen Later Jun 28, 2022 114:06

What if January 6th was... all about gold? Sure, it sounds improbable at first, but since last year, Dave has been digging into the improbable backstory that got us here. From goldbugs to the "I AM" cult to libertarianism, crypto, and QAnon, this story has it all. In Part 1, Dave and Jack covered the origins of goldbuggery, from the New Deal to the Reagan era. In this episode, they cover the 1990's to today, and make some startling connections along the way. Dave reads the second half of "Paranoia on Parade: How Goldbugs, Libertarians and Religious Extremists Brought America to the Brink" and discusses it in real-time with film director Jack Bryan, (Active Measures, 2018). They cover topics that couldn't fit into the article, and help explain the wild story behind the obsessions that helped lead us to January 6th and Putin's war in Ukraine. And the wild conclusions have to be heard to be believed! Keywords: New Deal, Libertarianism, gold, goldbugs, Roosevelt, John Birch Society, Jack Singlaub, Philippines, Michael Flynn, QAnon, Cryptocurrency, Bitcoin, Elon Musk, Peter Thiel, Reagan, anticommunist, Protocols of the Elders of Zion, Koch, Council for National Policy, CNP, Newsmax, Sovereign Individual, Agora Publishing, James Dale Davidson, William Rees-Mogg, Jacob Rees-Mogg, Technocracy, Occupy, Federal Reserve, National Association of Manufacturers, American Legion, American Liberty League, Silver Legion, "I AM", fascism, Moonies, VFW, QAnon, Brock Pierce, Steve Bannon, Ron Paul, Oathkeepers, January 6, Freedom School, Robert LeFevre, Hunt Brothers. Read "Paranoia on Parade" at Washington Spectator: https://washingtonspectator.org/paranoia-on-parade/

Paranoia on Parade, Part 3: Bonus Interview with Hamilton Fish

Play Episode Listen Later Jun 28, 2022 36:26

What if January 6th was... all about gold? Sure, it sounds improbable at first, but since last year, Dave has been digging into the improbable backstory that got us here. From goldbugs to the "I AM" cult to libertarianism, crypto, and QAnon, this story has it all. In this episode, Dave continues his conversation with Hamilton Fish, editor of The Washington Spectator, which published his piece, "Paranoia on Parade: How Goldbugs, Libertarians and Religious Extremists Brought America to the Brink." Dave and Hamilton discuss the process for developing this story and some of the things they learned in reporting it. Keywords: New Deal, Libertarianism, gold, goldbugs, Roosevelt, John Birch Society, Jack Singlaub, Philippines, Michael Flynn, QAnon, Cryptocurrency, Bitcoin, Elon Musk, Peter Thiel, Reagan, anticommunist, Protocols of the Elders of Zion, Koch, Council for National Policy, CNP, Newsmax, Sovereign Individual, Agora Publishing, James Dale Davidson, William Rees-Mogg, Jacob Rees-Mogg, Technocracy, Occupy, Federal Reserve, National Association of Manufacturers, American Legion, American Liberty League, Silver Legion, "I AM", fascism, Moonies, VFW, QAnon, Brock Pierce, Steve Bannon, Ron Paul, Oathkeepers, January 6, Freedom School, Robert LeFevre, Hunt Brothers. Read "Paranoia on Parade" at Washington Spectator: https://washingtonspectator.org/paranoia-on-parade/

Paranoia On Parade, Part 1: The "Directors Cut" with Jack Bryan and Hamilton Fish

bu geli sovereign individual james dale davidson

Play Episode Listen Later Jun 28, 2022 135:01

What if January 6th was... all about gold? Sure, it sounds improbable at first, but since last year, Dave has been digging into the improbable backstory that got us here. From goldbugs to the "I AM" cult to libertarianism, crypto, and QAnon, this story has it all. In this episode, Dave talks with Hamilton Fish, editor of The Washington Spectator to introduce the show, and then reads the first half of his recently published piece, "Paranoia on Parade: How Goldbugs, Libertarians and Religious Extremists Brought America to the Brink" and discusses it in real-time with film director Jack Bryan, (Active Measures, 2018). They cover topics that couldn't fit into the article, and help explain the wild story behind the obsessions that helped lead us to January 6th and Putin's war in Ukraine. You won't want to miss this! Keywords: New Deal, Libertarianism, gold, goldbugs, Roosevelt, John Birch Society, Jack Singlaub, Philippines, Michael Flynn, QAnon, Cryptocurrency, Bitcoin, Elon Musk, Peter Thiel, Reagan, anticommunist, Protocols of the Elders of Zion, Koch, Council for National Policy, CNP, Newsmax, Sovereign Individual, Agora Publishing, James Dale Davidson, William Rees-Mogg, Jacob Rees-Mogg, Technocracy, Occupy, Federal Reserve, National Association of Manufacturers, American Legion, American Liberty League, Silver Legion, "I AM", fascism, Moonies, VFW, QAnon, Brock Pierce, Steve Bannon, Ron Paul, Oathkeepers, January 6, Freedom School, Robert LeFevre, Hunt Brothers. Read "Paranoia on Parade" at Washington Spectator: https://washingtonspectator.org/paranoia-on-parade/

The Power Of Connectivity With Adia Sowho (CMO Of MTN Nigeria)

Afropolitan

Play Episode Listen Later Jun 15, 2022 48:18

Quote:“I often say to people that you want to be careful how you challenge yourself. You don't want to change too many things at once when changing a job.”Today's episode features Adia Sowho, the CMO of MTN Nigeria, and also the first woman to occupy that position. “I'm not a classic CMO, but interestingly, I think I'm the CMO the tech company needs. I hope to try to, from my role, reconnect MTN to that deeper purpose and start taking the conversation forward. What happens beyond connectivity? How do we make MTN a part of the next bunch of unicorn stories?”Starting with her first degree in Electrical Engineering, Adia's career has cut across technology, telecommunications, and finance. Adia has been referred to as the Sheryl Sandberg of the startup ecosystem and later as the Olivia Pope of the Nigerian tech ecosystem. Listen and learn how Adia built her track record of creating impactful work in her positions.Adia's Reading Listhttps://www.amazon.com/Sovereign-Individual-James-Dale-Davidson-ebook/dp/B00AK9IXXM-The Sovereign Individual by James Dale Davidson and Lord William Rees-Mogghttps://www.amazon.com/Formula-Universal-Laws-Success-ebook/dp/B07B863X6B/- The Formula by Albert-László Barabási Show Notes:03:42 Adia talks about her role as the CMO of MTN Nigeria?07:03 Adia explains MTN's position in the tech space.12:02 How digital finance services help build legacy and trust.16:32 On corporate companies versus startups.21:44 Why founders need structure in their companies.24:37 The turnaround process of Thrive Agric. 29:46 How to navigate intergenerational spaces.35:56 Building synergy between fintechs, banks and telcos.39:36 How managing her reputation and making relationship investments have paid off.The Afropolitan Podcast is hosted by Eche Emole, co-founder of Afropolitan.Listen and subscribe to the show on Apple Podcasts, Spotify, Jamit, or wherever you get your podcasts.Want to learn more about Afropolitan? Twitter - https://twitter.com/afropolitanWebsite - https://www.afropolitan.io/

spotify starting building cmo nigerians connectivity electrical engineering sheryl sandberg mtn adia olivia pope barab albert l afropolitan james dale davidson mtn nigeria

Jimmy Soni — Make Things, and Be Playful (EP.108)

Infinite Loops

Play Episode Listen Later Jun 2, 2022 79:14

Jimmy Soni is an author whose work focuses on people who create and build interesting things—whether theories, carousels, or companies. His books include “The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley”, “A Mind at Play: How Claude Shannon Invented the Information Age”, and more! You can follow Jimmy on Twitter at https://twitter.com/jimmyasoni and go through his work on https://jimmysoni.com/ Show Notes: The joy of curiosity How memes spread The Great Reshuffle How internet changed the publishing industry Parallels between early days of PayPal and Bitcoin Money as an information system Appreciating the micro-level decisions Three new things about Elon The Elon Effect How the PayPal founders brought the best out of people The unknown names who were critical to PayPal Claude Shannon's financial decisions Wealth is a byproduct of the devotion to the craft Books Mentioned: The Founders; by Jimmy Soni A Mind at Play; by Jimmy Soni Virus of the Mind; by Richard Brodie The Sovereign Individual; by James Dale Davidson and Lord William Rees-Mogg What Works on Wall Street; Jim O'Shaughnessy

mind wealth wall street paypal appreciating parallels playful information age make things jimmy soni james dale davidson founders the story entrepreneurs who shaped silicon valley play how claude shannon invented

Sovereign Individual | Turuncu Hap

satoshi Radio

Play Episode Listen Later May 10, 2022 12:01

Bu bölümde Şükrü, James Dale Davidson ve Lord William Rees-Mogg'un 'The Sovereign Individual' kitabından bahsediyor. Gelişen teknolojilerle bireyler nasıl egemen kalabilir? James Dale Davidson ve Lord William Rees-Mogg kimdir? 'The Sovereign Individual' kitabında öne çıkan mesajlar neler? Bu soruların cevabını ve ‘The Sovereign Individual' kitabını Şükrü'den dinliyoruz.

Jesse Elder | Mind Vitamins: How To Gather, Apply & Embody Wisdom In The Face of Fear

Wellness Force Radio

Play Episode Listen Later Apr 26, 2022 130:11

If somebody experiences fear or unrest in themselves, my invitation and my request for somebody would be just to put their hand on their solar plexus or on their heart, take a breath, and remind themselves that they are here in this present moment. To remind themselves that they are an individual having a human experience and that they're safe. When you become truly present, you're always safe. - Jesse Elder Are You Stressed Out Lately? Take a deep breath with the M21™ wellness guide: a simple yet powerful 21 minute morning system that melts stress and gives you more energy through 6 science-backed practices and breathwork. Click HERE to download for free. Is Your Energy Low? Get more superfoods to improve your energy, digestion, gut health plus also reduce inflammation and blood sugar. Click HERE to try Paleovalley's Apple Cider Vinegar Complex + Save 15% with the code 'JOSH' *Review The WF Podcast & WIN $150 in wellness prizes! *Join The Facebook Group Wellness + Wisdom Episode 446 Entrepreneur, Action Philosopher, TimePiercer, Host of the podcast, Jesse, and Author of The Upgraded Life, Jesse Elder, shares his favorite mind vitamins to nourish your heart and soul in the face of fear, unpacks how to shift your belief system by knowing whether something is true or useful for you, and explores the new age of humanity and natural law. Are you truly living a free life? Discover how to know whether or not you're experiencing freedom and if not, how to break free of the chains and have it now. Seeking Health Supplements Save 10% off all orders with the code “JOSH” at checkout Seeking Health designs high-quality, scientifically-formulated supplements for people wanting to optimize their health. The root cause for many health conditions and symptoms stems from ineffective digestion and poor diet, along with other issues like environmental exposures, sleep issues and even a lack of community. Supporting you to optimize your digestion, reduce environmental exposure and toxic burden, and optimize your diet so nutrients can flood in, is our path to increasing energy and helping your immune system and overall health. If you support your body's built-in systems, especially digestion and mental health, with pure, highly absorbable, well-formulated nutrients, your ability to remain healthy and happy significantly increases. Seeking Health wants your foundation rock-solid, and they provide the tools to help you make it so. Save 10% off all orders: Use discount coupon code “JOSH” at checkout Listen To Episode 446 As Jesse Elder Uncovers: [1:30] Jesse Elder: The Freest Man Jesse Elder The Upgraded Life Jesse Podcast Who Jesse is today and the experiences that have impacted him the most. The profound moment of a woman telling Jesse that he is the freest man she has ever met and how his life has been designed around that. What true freedom feels like on a somatic level. How someone can know whether or not they are living in freedom. Jesse's deep physical background in martial arts and now owning a center. Exploring the 5 areas of wellness: physical, mental, emotional, spiritual, financial and how they've played a role in Jesse's life. The "baptism of reality" that Jesse received while at a party when he was 19 years old. Why martial art schools are a beautiful place to learn how to expand not only your body but your mind and spirit as well. The various areas of health and wellness that Jesse tested out for himself before opening his first martial arts school at 23 years old. How all of our experiences contain the raw fuel for new belief systems later on in life. His mission to constantly be seeking new people that he can learn from to help him grow. Why time is irrelevant when it comes to learning and growing because all achievements are really an emotional journey. [20:30] The Arc of Intelligence Unpacking the arc of intelligence as we gather, apply, and embody what we learn. Breaking down how we're all learning like a lion cub. What it was like for Jesse, the pros and cons, to grow up in a household where his parents were more hands-off and gave him lots of personal space. How we choose to see different events and perceive them in different ways. His parent's deep involvement with helping refugees from Central America as his father become Director of a halfway house. Jesse's experience witnessing his father being arrested and being found guilty in court for helping these refugees who were illegal aliens when he was 10 years old and how that pushed him to grow up instantly. The story that Jesse could have created for himself that his father loved other people more than he loved his family and so he left them but Jesse knew that wouldn't be helpful for him. Other stories Jesse could have let himself believe and live by about his father but he didn't and how he did that. Deeply exploring what it is about the human psyche that allows us to create and believe in all these false stories and narratives. [29:30] Mindset Shift: "Is This Useful For Me?" The fact that humans will do anything to create a connection even if it revolves around pain. Questioning the story in your mind and why you should stop asking what is true but rather what is useful. The powerful fact that only you can decide whether a thought or a story is serving you or not. His past marriage and his want to financially help provide for his ex-wife after their divorce by giving her the money when he sold his business. What it was like for Jesse to start over from zero at 40 years old. Garrett J. White Taking a deeper look at truth vs usefulness and how Jesse has applied that to his life journey. What Jesse was taught about business when he first began his career and how it contrasted with what he believed in at his core. How Jesse tuned in to himself to find out who he wanted to and didn't want to work with as he grew his business. [39:00] Why Public Schools are Failing Children David R. Hawkins How Josh was traumatized by the public school system as a child and what he learned about himself on a deeper level during his recent Vision Quest. Why more and more parents are choosing the option of homeschooling over public school. 354 Keith Norris What our children should be learning and how much time they should focus on each subject. Why Jesse believes it's not the job of the public school system to educate children; it's to control, divide, dumb down, confuse, and overwhelm. Jordan Peterson The benefits of safe danger and allowing children to play and explore vs. being a helicopter parent. Why many parents are limited in creativity and courage plus how to increase your levels in both. The importance of allowing children to explore different experiences to fully embrace their humanity. Why it's important for parents to continually live in a way where they are confronting their own fears. [50:00] The New Age of Humanity 405 Tim Corcoran Richard Branson explains the most important lesson he learned from his mom The New Age of Humanity that we are all experiencing right now, especially with food and the food industry. What we're currently facing and will face with coming food shortages and what that will mean for society moving forward. The Sovereign Individual by James Dale Davidson and Lord William Rees-Mogg 442 Robert Breedlove Cycles of rites of passage that are constantly happening around us and for us. Natural Born Heroes by Christopher McDougall Why he believes the era of the American empire is now done as the world has evolved. The call to loving arms and protecting yourself and the people in your life. What freedom farms are and how people can being to model them on their own. Here piggy, piggy... How totalitarians used Zoom to trap the masses How people control others by using tactics of fear. What steps you can take to prep for possible food shortages in advance. It's okay if a lot of emotions are coming up for you during this conversation. The freedom and creativity that is opened up and vibrant at Burning Man as everyone is self-reliant and expands their minds. [1:20:00] Building Self Resiliency & Life Upgrades What can help you build up your mind with self resiliency plus upgrade your life right now including physical training. The upgrades Jesse receives and what they feel like for him. His experience with anxiety when he was younger and how he knows these sensations are not that but upgrades in his mind, body, and spirit. The downshift drift he will feel when he gets too close to mainstream comfort levels like when he spends hours on his phone looking at social media. Benefits of doing deep research on past and current world events that are fearful but also sobering. Why we can't be love or experience true freedom without having both the light and the dark in life. 443 Leslie Manookian How to connect with higher consciousness and source by creating a specific environment for it. How To Choose Freedom, Joy, And Expansion with Jesse Elder What to do to bring yourself back to center when you feel disconnected. Why he's so thankful for all of the contrast that happens in his life because it's helping him grow. [1:32:30] Your Natural Law Right Paul Chek | All Is God What tangible actions you can take right now if you are feeling uneasy or fearful after listening to Jesse and Josh's conversation. The fact that all humans are created equal and no human has more rights than any other. Why it's so hard for us to sometimes stand up for ourselves and so we go along with the majority because we want connection and to be safe. The place that we all have in the natural world and what that means. Breaking down taxation and the fact that it does not exist in the natural world, so why should we give in? The overwhelm that Jesse felt in his mind about two taxes to the point that he didn't pay them for up to 7 years. His interest in law and why there isn't any rule that says you must pay personal income taxes, it is voluntary, but he hired a lawyer just in case. The experience he had being audited and why it didn't scare him. Why it's so important to dig deep right now and start exploring who you are at your core in your mind and body, a divine creation. Alphonso Faggiolo on YouTube Official website of Alphonse Faggiolo Crrow777 Radio Donald Duck The Spirit of 43 1943 How to let go of our fear of 'death' in our minds. Power Quotes From The Show Mind Vitamins & Non-Resistant Flow “Time behaves very differently when you're operating in a vacuum of judgment. When you are completely free of the past and free of the future, and you are filling this time in space with who and what you actually are…and being fully, really powerfully yourself. It is beyond cathartic and a restoration of your child-like qualities of being timeless." - Jesse Elder | The Art of Resiliency Achieving Functional Mastery "I'm hungry and I'll do whatever it takes to be around other people that I can learn from. In that way, my ego is extremely involved too. I'm not competitive with anybody and I don't see how it can be a useful frame. After a while you absorb so much information, you're constantly testing, and then before you know it you have a mastery that might have taken ten years of trial and error if you hadn't compressed it in a short amount of time. Calendars are irrelevant to success; all achievement is really an emotional journey of normalization." - Jesse Elder How to be in Alignment with Universal Frequency "While we're in this physical experience, we're here to observe and create. We create by feeling our emotions as they constantly act as a beacon of attraction, but also a way to give feedback. When we feel good, happy, and have that powerful sense of well-being - then we're in alignment with the universal frequency. When we don't feel good because of our perception or because of other people's influence that pulls our perception, it's just a sign that we've gotten away from who we really are." - Jesse Elder Links From Today's Show Jesse Podcast The Upgraded Life David R. Hawkins 354 Keith Norris Jordan Peterson 405 Tim Corcoran Richard Branson explains the most important lesson he learned from his mom The Sovereign Individual by James Dale Davidson and Lord William Rees-Mogg 442 Robert Breedlove Natural Born Heroes by Christopher McDougall Here piggy, piggy... How totalitarians used Zoom to trap the masses 443 Leslie Manookian How To Choose Freedom, Joy, And Expansion with Jesse Elder Paul Chek | All Is God Alphonso Faggiolo on YouTube Official website of Alphonse Faggiolo Crrow777 Radio Donald Duck The Spirit of 43 1943 Homeschooling, Streetfighting, Freedom, Common Vs. Statutory Law & How To Stand Up For Your Rights With Jesse Elder Jesse Elder | The Art of Resiliency Shop the Wellness Force Store breathwork.io Paleovalley – Save 15% on your ACV Complex with the code ‘JOSH' Seeking Health - Save 10% with the code 'JOSH' Organifi – Special 20% off to our listeners with the code ‘WELLNESSFORCE' Drink LMNT – Zero Sugar Hydration: Get your free LMNT Sample Pack, you only cover the cost of shipping Botanic Tonics – Save 40% when you use the code ‘WELLNESS40' Essential Oil Wizardry: Save 10% with the code 'WELLNESSFORCE' Cured Nutrition – Get 15% off of your order when you visit wellnessforce.com/cured + use the code ‘WELLNESSFORCE' M21 Wellness Guide Wellness Force Community Leave Wellness Force a review on iTunes Jesse Elder Facebook Instagram Twitter LinkedIn About Jesse Elder Texas man, Entrepreneur, Action Philosopher, TimePiercer, Jesse Elder, self-described “Millionaire Mentor, an Improv Philosopher, former MMA fighter turned entrepreneur, and also the author of "The Upgraded Life”, rolled through Garberville yesterday, walking and filming himself giving a monologue on critical thinking. He is an international life coach and a man with an abundant life mentality (check him out at jesseelder.com). He is all about upgrades and self-mastery. You will hear in this episode how Jesse started out as a little boy dedicated to Martial Arts, and by 20 yrs of age, he was traveling the world competing. Then he opened his own martial arts school and sought out successful mentors to help him with the business side of things. He learned that his success wasn't going to rely on how great of a martial artist he was, but on how well he related and connected with others.

Scott Choppin on The Sovereign Individual

One Book That Changed My Life

Play Episode Listen Later Apr 26, 2022 24:27

To fully understand the massive potential of Bitcoin, specific books are necessary reading, including “The Sovereign Individual” by James Dale Davidson. It's a book that ties social constructs and the issues we face not to political forces, but to economic ones. How did reading “The Sovereign Individual” change how investor and Urban Pacific Group CEO, Scott Choppin views the opportunities in Bitcoin? With so many economic forces promising to have ill effects, how do we unfreeze and get out of our cynicism so we can find the opportunity? In this episode, Scott talks about how this book changed his understanding of money as we know it. Three Things You'll Learn In This Episode Monetary systems control a lot more of our lives than we think We don't typically associate what happens in society with economic incentives, but the monetary system is at the heart of what people and countries do. Monetary policy and forces like inflation drive the decisions we make, income inequality and even social disruptions. Don't be cynical, find the opportunity Reading “The Sovereign Individual” took Scott down the path of preparing for the things that will be a way out of what's going wrong. Economically speaking, there are going to be challenges and ill effects. Instead of getting cynical, we have to know that Bitcoin has massive untapped opportunities and solutions to these big problems. Fear erodes your ability to take action Negative economic cycles tend to trigger our fear complex, which makes it hard to innovate and solve problems. When we aren't prepared, we freeze up and get knocked off center, and every situation feels way worse than it is. We have to put practices and rituals in place that allow us to reduce and eliminate fear so we're ready to take action. Guest Bio Scott Choppin is the founder and CEO of The Urban Pacific Group, a Real Estate Development Company Providing Recession-Resilient Investment Opportunities in Workforce Rental Housing. For investors seeking superior recession resistant long term investment returns, workforce housing is a safe and secure investment that allows investors to capture superior and stable investment returns while supplying much needed moderate income housing to families located in deeply supply constrained housing markets. Urban Pacific's Urban Town House (UTH) housing model is an innovation in the workforce housing real estate development marketplace, and is a stable income generator that performs both now and in a recession as a function of housing a stable and "sticky" family renter demographic. The Sovereign Individual: Mastering the Transition to the Information Age by James Dale Davidson. For more information visit https://www.urbanpacific.com/ (https://www.urbanpacific.com/) and sign up for the newsletter.

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Securing the Social Layer

REROUTE.FM

Play Episode Listen Later Mar 24, 2022 100:07

In this episode, we speak with friend of the show Dr. Matthew Canham. Dr. Canham is the CEO of Beyond Layer 7, a consultancy that assists with cybersecurity analytics and culture development, as well as the Senior Director of Operations at the security company Khonsoo.He previously worked as a Professor of Cyber Security at University of Central Florida, and as a Special Agent in the FBI. During his career in law enforcement, he served as the Program Manager of the Emerging Technologies Program for the FBI's Operational Technology Division. While there, he evaluated new technologies for use in law enforcement, and as a special agent, he investigated cyber-crime, intellectual property theft, and insider threats.Today we'll dive into topics including information warfare during the Russian invasion of Ukraine, securing against social engineering attacks, and alternatives to law enforcement for fighting cybercrime.>> Activations Links and References

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SA395 | THE POWER DUO: Bitcoin Investing and Real Estate Cash Flow with Bobby Shell

How Did They Do It? Real Estate

Play Episode Listen Later Mar 22, 2022 33:35

Are you thinking of investing in real estate and bitcoin? If so, you'll enjoy this episode! Bobby Shell explains why investing in bitcoin and real estate might be an excellent way to diversify your financial portfolio. Stay tuned to find out the pros and cons of this asset allocation!Key Takeaways To Listen ForSteps and strategies to start in multifamily syndication Why should you invest in real estate?Best financial strategy to diversify investment portfolioBitcoin vs. real estate investingWhere should you direct more of your investment funds?2 types of investment riskResources Mentioned In This EpisodeBrandon TurnerTax-Free Wealth by Tom Wheelwright | PaperbackThe Sovereign Individual by James Dale Davidson and William Rees-Mogg | Paperback and HardcoverThe Fourth Turning by William Strauss and Neil Howe | Paperback and HardcoverFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Bobby ShellBobby Shell, is an entrepreneur, real estate investor and current VP of Marketing at Voltage Cloud, a Bitcoin Infrastructure Company. He is Co-Founder of Imprint Digital and Grit Investments and serves at Growth Vue Properties doing Marketing and Investor Relations.He served as the Director of Marketing at Madwire/Marketing 360, an INC 500 marketing, and technology company located in Northern Colorado from 2013 - 2021. He had the privilege of leading a team of 40+ key players in executing digital inbound marketing strategies for 1,000+ businesses and managing millions of dollars monthly. Bobby is a business leader at heart and has a passion for helping others reach entrepreneurial goals, financial freedom and creating a level of sovereignty in their life. He graduated from University of West Florida, School of Business, with a degree in Marketing and Sales Management.Connect with Bobby Website: Bobby ShellTwitter: @iBobbyShellTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.Dream Chasers PodcastWant to listen to another Next Level Show?Subscribe to DREAM CHASERS | Interviews with the Future Podcast!

Sending Aid to Ukraine, Preparing for the Dollar Crash - A Neighbor's Choice

russia joe biden ukraine preparing vaccines crash saudi arabia cryptocurrency neighbor dollar uae big pharma james dale davidson david gornoski

Play Episode Listen Later Mar 16, 2022 46:24

David Gornoski is joined by Harrison Floyd of Bright News for a discussion on sending aid to Ukraine; Saudi Arabia and UAE giving Biden the cold shoulder; what the military community is saying about the Ukraine war; how the black community sees foreign policy; how we can prepare for the decline of the Dollar; and more. Also in the show, economist James Dale Davidson calls in to talk about whether the US should aid Ukraine; why Big Pharma won't back off from Russia; how seed oils came to dominate our diet; and more. Visit A Neighbor's Choice website at aneighborschoice.com

Bitcoin, the State, and "The Sovereign Individual"

Real Vision Crypto

Play Episode Listen Later Feb 22, 2022 12:58

From the revolutionary potential of the microprocessor to the prediction of “anonymous digital cyber cash,” James Dale Davidson's 1997 book “The Sovereign Individual” is full of future-looking scenarios that are part of 2022's reality. Robert Breedlove, founder of the “What Is Money?” podcast, interviews Davidson, editor of the “Strategic Investment” newsletter, to discuss Bitcoin's potential to destabilize entrenched power. Breedlove and Davidson explore the cyclical struggle between liberty and power that, for thousands of years, has defined civilization. Both see blockchain technology as a major disruption, a breakthrough for liberty without historical peer. Tune in for a compelling journey. Filmed on February 2, 2022.

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Workforce Housing with Scott Choppin

In-Depth Commercial Real Estate

Play Episode Listen Later Dec 14, 2021 44:14

In this episode, Paul speaks to Scott Choppin about workforce housing. They go in-depth about Scott's background, his urban townhouse model, multi-earner households, and how housing costs and household structures have evolved in recent times.About our guest:Scott is CEO and founder of the Urban Pacific group of Companies, a Real Estate Development Company focused on the innovative UTH (Urban Town House) rental housing model, which was created by them. UTH is a construction housing model that pairs private capital with multi-generational workforce rental housing.Scott's LinkedIn: https://www.linkedin.com/in/scottchoppin/ Scott's Twitter: https://twitter.com/ScottChoppin More about Urban Pacific here: https://www.urbanpacific.com/ Book recommendations:"Antifragile: Things That Gain from Disorder" by Nassim Talebhttps://www.amazon.com/dp/0812979680/ref=cm_sw_r_tw_dp_YJY0Y6Q2E06DQ8G0CDPV“The Bitcoin Standard: The Decentralized Alternative to Central Banking” by Saifedean Ammoushttps://www.amazon.com/dp/1119473861/ref=cm_sw_r_tw_dp_S5SDZDP1ZBXF8EY5DR3Q“The Sovereign Individual: Mastering the Transition to the Information Age” by James Dale Davidson and William Rees-Mogg https://www.amazon.com/dp/0684832720/ref=cm_sw_r_tw_dp_KGQP7ECQRMDTKQ78C0HG “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future” by Jeff Boothhttps://www.amazon.com/dp/1999257405/ref=cm_sw_r_tw_dp_6SFR2TG82JA8VBQZ9BSY Disclaimer: This real estate podcast is for informational and educational purposes only, and does not imply suitability. The views and opinions expressed by the presenters are their own. The information is not intended as investment advice.For any inquiries or comments, you can reach us as info@indepthrealestate.com.

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#27: Decembum Momentum (and 6 recent books)

Active Recall with Walter & Francis

Play Episode Listen Later Dec 3, 2021 27:22

Book notes for Breathe by Rickson Gracie The Sovereign Individual by James Dale Davidson and Lord William Rees-Mogg The Extended Mind by Annie Murphy Paul Winning by Tim S. Grover The Gap and the Gain by Benjamin Hardy and Dan Sullivan Dune by Frank Herbert

books breathe momentum frank herbert tims benjamin hardy tim s grover james dale davidson

#120: Sovereign Individual, Digital Age, Multi-incomes/citizenships with Doug Antin

理想屯 The CJ Show

Play Episode Listen Later Sep 3, 2021 47:08

Kia Ora, Nihao and hello! Welcome to the Chiwi Journal Podcast. I'm your host Camellia Yang. My guest today is Doug Antin. He is the Founder and Author of TSI Global Media, a company covering the Digital Age and how the current digital transformation creates a new class of people. Doug is also writing The Sovereign Individual Weekly Newsletter, providing insights, analysis, and actionable advice helping you become a Sovereign Individual and make the most of the digital transformation. We discussed: What's the definition of the Sovereign Individual? Why should you care? How does a book written 20 years ago perfectly predict our current world? What digital trends support sovereign individual lifestyles? How do we deal with information abundance as a content creator? What role does blockchain and bitcoin play in this Sovereign Individual movement? Is there a conflict between becoming a sovereign individual vs be part of the community? Why should you have multiple citizenships? What stops people from becoming sovereign individuals? What's the reason behind that? How to cultivate multiple income streams? If you can live and work anywhere, where would you go, and what criteria to consider? What's the difference between a sovereign individual and an anarchist? How to build the system to run a weekly newsletter? Which three books to read when consider being a sovereign individual? Books and links mentioned in this episode: The Sovereign Individual: Mastering the Transition to the Information Age by James Dale Davidson and William Rees-Mogg How to Start a New Country by Balaji Srinivasan Neo-medievalism The Sovereign Individual Weekly Important Things About the Digital Age Future Shock by Alvin Toffler Predictably Irrational by Dan Ariely Night as Frontier: Colonizing the World After Dark by Murray Melbin Thanks for listening to this episode. Remember that you can join my monthly newsletter email list at camelliayang.com, where I spend 140+ hours digging valuable insights from books, articles and podcasts and share them in a 6-min easy-to-read email. Please rate or leave a review on Apple Podcasts to help others discover this podcast if you like the show.

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James Dale Davidson, Chris Martenson, Joel Salatin: A 21st Century Lifestyle Panel

science energy medicine lifestyle economy panel cryptocurrency agriculture 21st century joel salatin chris martenson peak prosperity food medicine james dale davidson david gornoski

Play Episode Listen Later Jul 30, 2021 94:53

What happens when a financial forecaster, a scientist, and a farmer walk into a bar? In this special roundtable conversion, radio host and writer David Gornoski is joined by three prestigious personalities: James Dale Davidson–the author of the 'Sovereign Individual,' Dr. Chris Martenson–the host of Peak Prosperity, and Joel Salatin–a pioneer of regenerative farming. What happens when specialization and tunnel-mindedness go awry? Are we headed towards more totalitarianism or will we have a renaissance of decentralization? Has globalism grown too big to maintain itself? What would a 21st-century lifestyle look like? We explore Money/Capital, Energy/Ecology, and Food/Medicine as the three touchpoints for freedom and growth in the next century. Listen to this fascinating discussion! For more content by David Gornoski visit https://www.aneighborschoice.com Visit Joel Salatin's website at https://www.polyfacefarms.com Visit Chris Martenson's website at https://www.peakprosperity.com Visit James Dale Davidson's website at https://strategicinvestment.com

What Bitcoin Did - WBD320: The Sovereign Individual Pt 1 - Bitcoin: The Ultimate Offshore Bank with Robert Breedlove

The Let's Talk Bitcoin Network

Play Episode Listen Later Jul 6, 2021

Location: RemotelyDate: Sunday 7th MarchCompany: IndependentRole: Bitcoin WriterThe Sovereign Individual: Mastering the Transition to the Information Age is a prophetic book released in 1997 by William Rees Mogg and James Dale Davidson. The book was written before the widespread adoption of the internet, social media, and Bitcoin, yet predicted a future that is remarkably close to the one we live in today, opening with the quote, 'œThe future is disorder.'In the book, Mogg and Davidson describe their vision of the future and how the rise of digital technology would make the world much more competitive, unequal and unstable. The pair also predicted a '˜cyber money' that would empower the individual to splinter from the nation-state. 'œAs cybercommerce begins, it will lead inevitably to cybermoney. This new form of money will reset the odds, reducing the capacity of the world's nation-states to determine who becomes a Sovereign Individual'. In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.

#113: E-residency Program, SDZ Alliance, China-US Relation, Chartered Cities with Joel Burke

理想屯 The CJ Show

Play Episode Listen Later Jul 4, 2021 37:15

Kia Ora, Nihao and hello! Welcome to the Chiwi Journal Podcast. I'm your host Camellia Yang. On the show, I interview global citizens who follow a unique path to build a better future and share stories and tips they learned along the way. Our conversations are focus on cultural observations, technology trends, career development and philosophy. My guest today is Joel Burke. He is the partner at Tribe AI, MA Candidate at Georgetown'sGeorgetown's International Business & Policy program. He leads the e-Residency program at the Republic of Estonia and has been a mentor to a startup accelerator focused on defence solutions in the US. He has been to over 50 countries, lived and worked on 3.5 continents and helped with many remote work visa and city-building projects. We discussed: How Joel started his career and showed interest in the intersection between tech and policy? A summary of the E-residency program at Estonia that Balaji mentioned @1729.com What the advantages for small countries leveraging digitalisation? What's the opportunity for startups in the public service sector? Share some other initiatives, e.g. Columbia remote work visa and SDZ Alliance (Ethiopia city-building project) Response on the “Cloud-first, Land second” concept of building the future. A thought experiment on uploading minds online and downloading on any form of a body. With the increasing tense between China and the US, what Joel's views on current geopolitics based on his experiences? China has tremendously invested in Africa's infrastructure. What local people's perspective towards China? Among all 50 countries Joel travelled and lived in, what's the most interesting culture shock? Top three tips for people who choose to live a nomadic lifestyle and do remote works in the future What gets Joel most excited about the future? A brief overview of chartered cities Books and Links Mentioned: The Sovereign Individual: Mastering the Transition to the Information Age by James Dale Davidson and William Rees-Mogg E-residency Estonia SDZ ALLIANCE 1729.com Stand on Zanzibar by John Brunner The Three-Body Problem by Liu Cixin. Connect with Joel on LinkedIn Remember that you can join my monthly newsletter email list at camelliayang.com, where I spend 140+ hours digging valuable insights from books, articles and podcasts and share them in a 6-min easy-to-read email. If you like the show, please rate or leave a review on Apple Podcasts to help others discover this podcast.

@CalebHolt4: Is anyone worried about the government achieving total tyranny before Bitcoin reaches maturity?

The Bitcoin Plebeians Podcast

Play Episode Listen Later Jun 24, 2021 34:55

What is up plebs! Back at it again with another conversation! This time with @calebholt4! This one's a banger, we talk about Caleb's bitcoin journey, common bud, the relationship between government's overreach and bitcoins success, and lifting heavy weights. Lastly, Looking for a new guest on the Bitcoin Plebs Podcast. The purpose of the pod is to meet new bitcoin friends, hear their views and stories about the orange coin, and hopefully allow the pleb's voice to be heard. The podcast is voice only and welcomes anyone and everyone who wants to chat bitcoin! Shoot me a DM if your interested! Book Recommendations Creature From Jekyll Island by G Edward Griffin The Ethics of Liberty, When Money Dies, Murray Rothbard Sovereign Individual by James Dale Davidson and Lord William Reese-Mogg Check out Caleb's res-moothing and re-seasoning Lodge cast iron grills. https://etsy.com/shop/HoltIronworks?ref=shop_sugg

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1692 FBF: The Breaking Point: Profit From The Coming Money Cataclysm with James Dale Davidson

Creating Wealth Real Estate Investing with Jason Hartman

Play Episode Listen Later May 28, 2021 45:51

Today's Flash Back Friday comes from Episode 755, originally published in November 2016. Jason’s guest James Dale Davidson is the co-founder of Agora Publishing, the Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society and founder of Newsmax. He is the Author of the best selling books Blood in the Streets: Investment Profits in a World Gone Mad, The Sovereign Individual: Mastering the Transition to the Information Age, The Great Reckoning: Protecting Yourself in the Coming Depression and his new release, The Breaking Point: Profit from the Coming Money Cataclysm. Mr. Davidson foretells of an impending, marketplace disaster which will happen in this lifetime. He credits the Obamacare, Chinese ghost cities and fictitious capital. He shares this information because he believes it is important for people to understand what will happen so they can create a new life in a new environment. Key Takeaways: [1:50] James Dale Davidson believes the current business model and social contract which supported it is kaput in the Western Civilization. [6:27] Trump may have been voted in because of the life expectancy of middle-class white voters has dropped. [9:43] What’s next for the economy under a Trump presidency? [10:57] The Breaking Point looks at the symbiotic relationship between the drug companies and the food industry. [14:49] The US needs someone with business savvy to improve the quality of decisions made in politics. [18:30] Bernie Sanders reminds James Dale Davidson of Karl Marx. [20:32] When fictitious capital is created it goes to people with collateral. These people can borrow money for almost nothing. [27:56] Jason asks “Why not just kick the can down the road forever?” Mr. Davidson tells us why it’s not a good idea. [31:52] The Chinese have used more cement from 2011-2013 on ghost cities than the US spent on cement in the entire 20th century. [37:57] Most of the copper used by the Chinese came from Chile. [41:18] The probability of a very severe crack-up, the biggest in history, will be coming in our lifetime. Mentioned in This Episode: www.JasonHartman.com/Properties The Breaking Point: Profit from the Coming Money Cataclysm Strategic Investment Newsletter

58. Taxation, Bitcoin and the State with Dominic Frisby

The Bitcoin Standard Podcast

Play Episode Listen Later May 24, 2021 82:28 Transcription Available

In this episode Saifedean talks to libertarian author and comedian Dominic Frisby about the history of taxation, the rise of Bitcoin and whether we are moving towards a more or less statist world. They cover the story of how Dominic first found out about Bitcoin in December 2010, how voluntary taxation worked in ancient Greece, the rise of digital nomads, and whether land value tax represents the “least bad tax”. Links National Debt Clock of the United States: https://www.usdebtclock.org/ Dominic’s song about Brexit: https://youtu.be/f2zJ8vaB5jo Dominic’s books Daylight Robbery: How Tax Shaped Our Past and Will Change Our Future: https://amzn.to/3woT5ns Bitcoin: The Future of Money? https://amzn.to/2ScOw12 Life After the State: https://amzn.to/3v08Ot3 Books referenced by Dominic For Good and Evil: The Impact Of Taxes On The Course Of Civilization by Charles Adams: https://amzn.to/3hCO07b The Sovereign Individual by James Dale Davidson and Lord William Rees-Mogg: https://bit.ly/3hGRQMo Why We Eat Too Much by Dr Andrew Jenkinson: https://amzn.to/3v9KjtE

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James Dale Davidson on Cryptocurrency and Climate Change - A Neighbor's Choice

The Tropical MBA Podcast - Entrepreneurship, Travel, and Lifestyle

Play Episode Listen Later Apr 23, 2021 48:44

In this episode, David Gornoski is joined by James Dale Davidson, author of The Sovereign Individual. The two start the discussion by highlighting how central planning and crony capitalism has led to the deterioration in nutrition. What is the cause behind the rising cryptocurrency and bitcoin phenomenon? What is the best alternative to monopoly currencies? What is the best path towards decentralization? How much pseudoscience is involved in the climate-change movement? Listen to the full episode to find out. Visit James Dale Davidson's website at strategicinvestment.com Visit A Neighbor's Choice website at aneighborschoice.com

money health nutrition environment bitcoin climate change cryptocurrency dogecoin sovereign individual james dale davidson david gornoski neighbor's choice

TMBA594: Predictions About the Near Future - The Sovereign Individual

Play Episode Listen Later Apr 22, 2021 62:50

This week's episode is another installment of "The Re-Readables", a series in which we revisit some of our favorite business books to find out if they stand the test of time. Greg Gerber has become something of a regular contributor here on the Podcast. Greg is the founder of BitLift, and he is our go-to guy for all things blockchain and cryptocurrency. Greg joins us this week to talk about a book that has become eerily prescient, particularly among the cryptocurrency crowd. The Sovereign Individual by James Dale Davidson and William Rees-Mogg was published back in 1997, but the insights and topics in the book were not only far ahead of their time, but they remain eerily relevant today. In today's podcast, you'll hear our thoughts on why this book is still so important, why it's important for entrepreneurs to be able to see into the future, and how we can consider the ideas within The Sovereign Individual when attempting to look to the future ourselves.

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The Sovereign Individual Pt 1 - Bitcoin: The Ultimate Offshore Bank with Robert Breedlove - WBD320

What Bitcoin Did

Play Episode Listen Later Mar 12, 2021 96:58

Location: Remotely Date: Sunday 7th March Company: Independent Role: Bitcoin Writer The Sovereign Individual: Mastering the Transition to the Information Age is a prophetic book released in 1997 by William Rees Mogg and James Dale Davidson. The book was written before the widespread adoption of the internet, social media, and Bitcoin, yet predicted a future that is remarkably close to the one we live in today, opening with the quote, “The future is disorder.” In the book, Mogg and Davidson describe their vision of the future and how the rise of digital technology would make the world much more competitive, unequal and unstable. The pair also predicted a ‘cyber money' that would empower the individual to splinter from the nation-state. “As cybercommerce begins, it will lead inevitably to cybermoney. This new form of money will reset the odds, reducing the capacity of the world's nation-states to determine who becomes a Sovereign Individual”. In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.

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The Sovereign Individual Pt 1 - Bitcoin: The Ultimate Offshore Bank with Robert Breedlove

What Bitcoin Did

Play Episode Listen Later Mar 12, 2021 96:57

“Bitcoin is fuck you money, it’s fuck you to every policy, every police state, and every politician in the world. That’s the power of it.”— Robert BreedloveLocation: RemotelyDate: Sunday 7th MarchCompany: IndependentRole: Bitcoin WriterThe Sovereign Individual: Mastering the Transition to the Information Age is a prophetic book released in 1997 by William Rees Mogg and James Dale Davidson. The book was written before the widespread adoption of the internet, social media, and Bitcoin, yet predicted a future that is remarkably close to the one we live in today, opening with the quote, “The future is disorder.”In the book, Mogg and Davidson describe their vision of the future and how the rise of digital technology would make the world much more competitive, unequal and unstable. The pair also predicted a ‘cyber money’ that would empower the individual to splinter from the nation-state. “As cybercommerce begins, it will lead inevitably to cybermoney. This new form of money will reset the odds, reducing the capacity of the world’s nation-states to determine who becomes a Sovereign Individual”. In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD320 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

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James Dale Davidson: The Sovereign Individual - Thoughts and Points

Attila on the World

Play Episode Listen Later Dec 27, 2020 11:23

In this video I will talk about The Sovereign Individual: Mastering the Transition to the Information Age book by James Dale Davidson and William Rees-Mogg. We are transitioning from the Industrial Age to the Information Age. This book talks about how this transition will look like and how it will change our lives. Twitter: https://twitter.com/AttilaonthWorld YouTube channel: https://www.youtube.com/channel/UCADpTO2CJBS7HNudJu9-nvg Goodreads: https://www.goodreads.com/user/show/124834970-attila

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Holistic Investment w Constantin Kogan

Play Episode Listen Later Dec 2, 2020 92:17

Insightful conversation with Jamie Burke - CEO & Founder of Outlier Ventures (OV) a custom accelerator for Web 3. Since 2014 OV have advised, invested in and incubated 25+ projects in the New Data Economy. Now they have condensed these 6 years of learning into an accelerator program to support pre-seed stage startups across all 3 key layers of Web 3 innovation: Infrastructure, Middleware & Applications.

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Forecaster James Dale Davidson of Sovereign Individual Predicts What's Next - A Neighbor's Choice

Play Episode Listen Later Nov 6, 2020 47:11

James Dale Davidson, author of the Sovereign Individual, joins David Gornoski to sort out the quagmire that this election has created. Is secession a probability now for our nation? What lies in store for Donald Trump if he loses this election? James Dale Davidson answers by talking about his time spent with Trump; he describes a man who is very shrewd and not very interested in ideas. How deep is the web of lies spun in our society? They're everywhere, Dale Davidson argues, even in nutrition and climate studies. Plus, how is technology shaped by the violence of the state? Listen to the full episode to find out. Subscribe to James Dale Davidson's newsletter at strategicinvestment.com Visit the A Neighbor's Choice website at aneighborschoice.com

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The Future of Gold and Money

money china gold bitcoin economics inflation saudi arabia capitalism federal reserve fiat free markets deflation mises institute us saudi jeff deist sovereign individual monetary metals james dale davidson david gornoski

Play Episode Listen Later Sep 21, 2020 73:02

In this roundtable discussion, David Gornoski is joined by Mises Institute's Jeff Deist, Keith Weiner of Monetary Metals, and James Dale Davidson, author of the Sovereign Individual. Together, they discuss the history and future of gold as an investment asset for the average Joe, general misconceptions of investing in gold, the Fiat money system, the economic effects of foreign policy, and more. Are stagnant wages connected to Nixon's abandonment of the gold standard? Did the solidifying of the US–Saudi relationship with regards to oil contribute to declining wages and savings? Which is worth more in an apocalyptic world: gold or gun ammo? Listen to the full podcast to find out and more. Visit James Dale Davidson's website strategicinvestment.com

James Dale Davidson of The Sovereign Individual Returns, David Gornoski on the Irrationality of Political Solutions - A Neighbor's Choice

Play Episode Listen Later Jun 26, 2020 46:18

How did we go from being the nation of great manufacturers to the land of Walmarts? Investing legend and author of The Sovereign Individual, James Dale Davidson, returns to the show to answer this question and discuss how socialist governments hinder innovative entrepreneurship. Also, David Gornoski comments on the racial-tension narrative that is being pushed upon us. "The Democrat party is married to the vast majority of the media," David says as he highlights how there is a concerted effort to distract us from the real victims of statist power in our country. Listen to the full episode to find out how we can create the necessary conditions for prosperity through innovation and liberty. Subscribe to James Dale Davidson's newletter on Strategic Investment Email A Neighbor's Choice with a guest suggestion, story tip or question at hello@aneighborschoice.com Find David Gornoski on YouTube Visit the A Neighbor's Choice website at aneighborschoice.com

James Dale Davidson on Thinking Like a Sovereign Individual - A Neighbor's Choice

Holistic Survival Show - Pandemic Planning

Play Episode Listen Later Apr 14, 2020 44:46

Investing legend and author of The Sovereign Individual, James Dale Davidson, joins David Gornoski to discuss what's coming in the economy with the government shutdowns and the Covid-19 crisis. Is the era of the sovereign individual over? James Dale Davidson has some fascinating insights and predictions on where we're headed. All this and more on A Neighbor's Choice! Original airdate: April 14th, 2020 Subscribe to James Dale Davidson's newletter on Strategic Investment. Email A Neighbor's Choice with a guest suggestion, story tip or question at hello@aneighborschoice.com Find David Gornoski on YouTube Visit the A Neighbor's Choice website at www.aneighborschoice.com

CryptoQuikRead_361 - Bitcoin's Habitats [DerGigi]

Bitcoin Audible

Play Episode Listen Later Mar 3, 2020 49:20

"To fully understand any organism, we must not only look at the organism itself, but examine the organism-environment holistically." - Gigi If Bitcoin is a new organism, then where exactly does it live? Is it in cyberspace, the human realm, in financial markets and value… or all 3? Find out in Gigi's excellent new piece on the Habitats of Bitcoin. Bitcoin Habitats by @Dergigi: https://medium.com/@dergigi/bitcoins-habitats-9ce3064bd3a7 Recommended Further Reading: Proof of Life - Why Bitcoin is a Living Organism by Gigi

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532 FBF: Breaking Point: Profit from the Coming Money Cataclysm with James Davidson

Play Episode Listen Later Feb 8, 2020 46:06

Today's Flash Back Friday comes from Episode 296, originally published in March 2017. Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer's Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions. Key Takeaways: [1:50] The current business model and social contract which supported it is no longer in the Western Civilization. [6:27] Shorter life expectancy for middle-class white voters may have led to more votes for Trump [9:43] What does the US economy look like under a Trump presidency? [10:57] James' latest book, The Breaking Point, examines the relationship between drug companies and the food industry. [14:49] Our politicians need someone with business savviness to help them along [18:30] James sees similarities between Bernie Sanders and Karl Marx. [20:32] Fake capital lets people borrow money practically for free [27:56] Why continually passing the buck to the next generation isn't a good idea [31:52] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century [37:57] Most of the copper used by the Chinese came from Chile. [41:18] We are staring into the face of the biggest economic crisis in history Website: The Breaking Point: Profit from the Coming Money Cataclysm www.SovereignSociety.com

The Tatiana Show - David Skarica and Gabriel Kurman from LABitConf

Liberty.me Studio

Play Episode Listen Later Dec 17, 2019 49:57

On a special two-part episode of The Tatiana Show, Tatiana sits down with Gabriel Kurman from the Latin American Bitcoin and Blockchain Conference and also David Skarica, founder of the online newsletter Addicted to Profits from the island of Eleuthera, Bahamas. First up is a chat with Gabriel Kurman from the Latin American Bitcoin and Blockchain Conference in Montevideo, Uruguay. Now in its 7th year, Tatiana and Gabriel talk about LABitConf’s evolution since its beginnings in 2013 and how the Bitcoin ecosystem has grown in the Latin American Community. The conference will be held December 12 and 13, 2019 with between 90 and 100 participants giving lectures and participating in panels. A recent recon trip to Eleuthera, Bahamas for the upcoming Crypto Cares event is the setting for Tatiana’s conversation with David Skarica, the founder of the online newsletter Addicted to Profits. A native Canadian and fellow liberty lover, David became interested in Libertarianism and precious metals at a young age after reading the works of Doug Casey and James Dale Davidson. He started attending investment conferences and wrote a book called Stock Market Panic. After investing in some junior mining companies, he moved to the Bahamas in 2005 and settled on the island of Eleuthera in 2013. Get some insight into the island life and David’s thoughts on the market and whether we are in a bubble, and his opinions of politics in America and his homeland Canada. He also gives us a sneak peak into his new venture which will be called Profits in Paradise, a mixture of travel and lifestyle on how to live and work from your dream location. Tatiana and David provide some details for the upcoming Crypto-Cares event in Eleuthera January 5-12,2020. It will be a multimedia event with live music and a free educational workshop focusing on the challenges the Bahamas have faced due to the damage by Hurricane Dorian. About the Guests: Gabriel Kurman is a regular speaker at international Blockchain conferences with more than 20 years of experience in corporate finance and private equity. He has been involved in the crypto space since 2013 when he co-founded multiple for-profit and non-for profit Blockchain projects. In addition to RSK Labs, Gabriel is also the co-founder and CEO of Koibanx, a Blockchain services firm for banks and governments. Prior to that, he worked for Advent International in both Argentina and the United Kingdom where he raised a $1.65 billion fund for LATAM and acquired the LKM Laboratory. Before this, he also worked at and Monsanto in Argentina and USA. Gabriel holds a Cum Laude Bachelor of Science in Economics (UBA, Argentina) and has a postgraduate degree in Capital Markets and Financial Services (Buenos Aires Stock Exchange, Argentina). He is a member of Bitcoin Argentina and the Bitcoin Latin America Foundation where he co-founded La Bitcoineta project and Blockchain4Humanity, a global Blockchain social incubator. David Skarica is the founder and Editor of Addicted to Profits, a popular newsletter known for its stellar performance in both up and down markets. Skarica entered the financial markets at a very young age and, at the age of eighteen, became the youngest person on record to pass the Canadian Securities Course. He is a regular speaker at trade and investment conferences in Canada and is a regular guest on the Business News Network (BNN), Canada’s flagship business broadcasting network. His work has appeared in publications such as the Bull and Bear Financial Report, Barron’s, Investor’s Digest of Canada, and Canadian MoneySaver. Skarica also writes Gold Stock Adviser, an investment newsletter for the conservative media outlet, Newsmax. If you like this content, please send a tip with BTC to: 1Q2QHoNowg8D2QzWhBQU1YrraG771aCpgS More Info: TatianaMoroz.com CryptoMediaHub.com http://addictedtoprofits.net/ https://www.labitconf.com/ https://www.tatianamoroz.com/crypto-cares-bahamas-january-2020/

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TTS 235 David Skarica and Gabriel Kurman from LABitConf

The Tatiana Show!

Play Episode Listen Later Dec 10, 2019 49:58

On a special two-part episode of The Tatiana Show, Tatiana sits down with Gabriel Kurman from the Latin American Bitcoin and Blockchain Conference and also David Skarica, founder of the online newsletter Addicted to Profits from the island of Eleuthera, Bahamas. First up is a chat with Gabriel Kurman from the Latin American Bitcoin and Blockchain Conference in Montevideo, Uruguay. Now in its 7th year, Tatiana and Gabriel talk about LABitConf’s evolution since its beginnings in 2013 and how the Bitcoin ecosystem has grown in the Latin American Community. The conference will be held December 12 and 13, 2019 with between 90 and 100 participants giving lectures and participating in panels. A recent recon trip to Eleuthera, Bahamas for the upcoming Crypto Cares event is the setting for Tatiana’s conversation with David Skarica, the founder of the online newsletter Addicted to Profits. A native Canadian and fellow liberty lover, David became interested in Libertarianism and precious metals at a young age after reading the works of Doug Casey and James Dale Davidson. He started attending investment conferences and wrote a book called Stock Market Panic. After investing in some junior mining companies, he moved to the Bahamas in 2005 and settled on the island of Eleuthera in 2013. Get some insight into the island life and David’s thoughts on the market and whether we are in a bubble, and his opinions of politics in America and his homeland Canada. He also gives us a sneak peak into his new venture which will be called Profits in Paradise, a mixture of travel and lifestyle on how to live and work from your dream location. Tatiana and David provide some details for the upcoming Crypto-Cares event in Eleuthera January 5-12,2020. It will be a multimedia event with live music and a free educational workshop focusing on the challenges the Bahamas have faced due to the damage by Hurricane Dorian. About the Guests: Gabriel Kurman is a regular speaker at international Blockchain conferences with more than 20 years of experience in corporate finance and private equity. He has been involved in the crypto space since 2013 when he co-founded multiple for-profit and non-for profit Blockchain projects. In addition to RSK Labs, Gabriel is also the co-founder and CEO of Koibanx, a Blockchain services firm for banks and governments. Prior to that, he worked for Advent International in both Argentina and the United Kingdom where he raised a $1.65 billion fund for LATAM and acquired the LKM Laboratory. Before this, he also worked at and Monsanto in Argentina and USA. Gabriel holds a Cum Laude Bachelor of Science in Economics (UBA, Argentina) and has a postgraduate degree in Capital Markets and Financial Services (Buenos Aires Stock Exchange, Argentina). He is a member of Bitcoin Argentina and the Bitcoin Latin America Foundation where he co-founded La Bitcoineta project and Blockchain4Humanity, a global Blockchain social incubator. David Skarica is the founder and Editor of Addicted to Profits, a popular newsletter known for its stellar performance in both up and down markets. Skarica entered the financial markets at a very young age and, at the age of eighteen, became the youngest person on record to pass the Canadian Securities Course. He is a regular speaker at trade and investment conferences in Canada and is a regular guest on the Business News Network (BNN), Canada's flagship business broadcasting network. His work has appeared in publications such as the Bull and Bear Financial Report, Barron's, Investor's Digest of Canada, and Canadian MoneySaver. Skarica also writes Gold Stock Adviser, an investment newsletter for the conservative media outlet, Newsmax. If you like this content, please send a tip with BTC to: 1Q2QHoNowg8D2QzWhBQU1YrraG771aCpgS More Info: TatianaMoroz.com CryptoMediaHub.com http://addictedtoprofits.net/ https://www.labitconf.com/ https://www.tatianamoroz.com/crypto-cares-bahamas-january-2020/ Friends and Sponsors of the Show: www.etoro.com Proof of Love *You have been listening to the Tatiana Show. This show may contain adult content, language, and humor and is intended for mature audiences. If that’s not you, please stop listening. Nothing you hear on The Tatiana Show is intended as financial advice, legal advice, or really, anything other than entertainment. Take everything you hear with a grain of salt. Oh, and if you’re hearing to us on an affiliate network, the ideas and views expressed on this show, are not necessarily of the those of the network you are listening on, or of any sponsors or any affiliate products you may hear about on the show.

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48: UBI Q&A. A Conversation with Presidential Candidate Andrew Yang

america jesus christ amazon money game world donald trump culture social state games video parents war michigan benefits government cost barack obama kanye west current twitch congress wealth asian gaming raising lack clear soundcloud defining crypto skin emergency bernie sanders blockchain basic jeff bezos conservatives cryptocurrency chris rock esports state of the union floor possibility infinity won riots influences yang vocal world of warcraft trillion warcraft reduction liberals valuing allegiance objections enlightened presidential candidates antitrust andrew yang hamptons sam altman universal basic income normal people ubi george bush cory booker vat sapiens google play music union address college dropout electing joe rogan podcast nassim taleb unproductive scrooge mcduck basic income homo deus ypsilanti chris hughes yuval harari neil strauss renouncing david deutsch roosevelt institute sovereign individual mynt solyndra freedom dividend humanity first tim ferriss podcast james dale davidson presidential candidate andrew yang made you think venture for america andy stern yang2020

Play Episode Listen Later Jul 31, 2018 64:11

“That's really one of the most powerful things about Universal Basic Income. You start to believe in a sense of abundance and possibility.” In this episode of Made You Think, Neil and Nat speak to Andrew Yang, the author of The War on Normal People, a follow up to our previous book episode. Today we are discussing the possibility of Universal Basic Income for all. “The bigger people think, the more they wake up. We can make this real together.” We cover a wide range of topics, including : Objections and barriers to adopting UBI The cost of UBI and if can we afford it Video games vs the real world Social Credit Systems and Basic Jobs VAT and economic migration Trump and running for president in 2020 And much more. Please enjoy this interview with the author of The War on Normal People by Andrew Yang. You can also listen on Google Play Music, SoundCloud, YouTube, or in any other podcasting app by searching “Made You Think.” If you enjoyed this episode, be sure to check out our episode on Sovereign Individual by James Dale Davidson and our episode on Emergency by Neil Strauss for related topics discussed in today’s show. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Universal Basic Income [00:30] Roosevelt Institute [04:02] VAT [06:16] Freedom Dividend [07:49] Twitch [10:00] Social Credits [13:24] World of Warcraft [13:50] Pink Collar Jobs [11:19] Blockchain [16:45] (Crypto episode) Ypsilanti, Michigan [18:15] Yang Ventures [18:18] Mynt [18:31] UBI Pilots [18:59] Solyndra [20:18] The Hamptons [34:32] Enlightened Self-Interest [34:38] Allegiance [30:36] Scrooge McDuck [39:48] Reddit Andrew Yang AMA [43:35] State of the Union Address [43:47] Yang2020.com [47:23] One For Humanity [48:14] Cryptocurrency [54:09] (Crypto episode) Joe Rogan Podcast [59:40] Tim Ferriss Podcast [59:41] Vocal fry [01:01:59] Books Mentioned The War on Normal People by Andrew Yang [00:17] (book episode) Homo Deus by Yuval Harari [07:10] (Nat’s Notes) (book episode) Sovereign Individual by James Dale Davidson [35:20] (Nat’s Notes) (book episode) Emergency by Neil Strauss [38:08] (Nat’s Notes) (book episode) Raising the Floor by Andy Stern [47:44] Skin in the Game by Nassim Taleb [52:02] (Nat’s Notes) (Neil’s Notes) (book episode) Sapiens by Yuval Harari [53:22] (Nat’s Notes) (part 1, part 2) Beginning of Infinity by David Deutsch [01:00:40] (book episode) College Dropout by Kanye West [01:00:56] (book episode) People Mentioned Andrew Yang Yuval Harari [07:06] Sam Altman [19:09] Chris Hughes [19:10] Cory Booker [25:11] Jeff Bezos [32:04] Donald Trump [40:43] Barack Obama [41:50] Bernie Sanders [41:47] Chris Rock [42:31] George Bush [42:34] Jesus Christ [42:41] Kanye West [1:03:24] Questions Asked 01:01 – What are the main challenges and objections to UBI? 01:36 – Are any of these objections compelling? 05:04 – Isn’t UBI just cycling money from the top consumers to those that are below $120k a year in spending? 08:18 – Do you see any differing objections between liberals and conservatives to UBI? 09:24 – Do you think there will be a portion of society that replaces work with video games and do you see a growth in the gaming industry because of UBI? 14:40 – How would we implement the social credits app in cities for real? 17:33 – Does it have to be the government that starts a social credit initiative? 20:35 – If you were elected, how are you viewing the idea battleground? 21:10 – How do you get past the inertia to convince people UBI is necessary? 25:00 – How do you feel about basic jobs? 26:40 – What makes the basic jobs idea attractive to other candidates and some voters? 29:15 – Is making the majority of the population reliant on a government subsidy making it easier for a totalitarian president to take control after you? 30:58 – You said in the book we are moving to a winner-take-all economy in a variety of fields, where you have a handful of companies controlling Government policy. Do you see a future where that is possible and how do you stop that? 35:20 – Have you read Sovereign Individual? 35:32 – In Sovereign Individual there is an idea that as wealth disparity grows, eventually the elite will separate themselves from the rest of the population. Do you see any concern for that? 38:54 – Will we see countries trying to attract citizens to move and will VAT be a factor in that? 39:59 – How bad would it have to be before more people left? What’s the threshold? 41:24 – Do you think that Trump getting elected is helpful to someone who’s not a career politician, helping them get elected in 2020? 45:40 – Has communicating a very statistics and quantitative approach been a struggle for you when speaking to audiences? So much of politics is about the emotional appearance. How have you adapted to that? 54:09 – Extra Question that we didn’t get to ask - Would adoption of a VAT accelerate a crypto economy and how does that change the estimates of how we would pay for UBI? Show Topics 1:11 – The main objections to UBI are : How can we afford it? Will it turn people into less happy, lazy wastrels? Won’t it cause mass inflation? 1:44 – Universal Basic Income is affordable but we’ve poorly managed budgets in the past and there is stigma around hoarding money. We need to believe in sense of abundance and possibility. Culture and mental barriers and block around hoarding money. 3:28 – Cost of UBI in the US would cost $2 Trillion. It would be $1000 per month given to each person, we call it the Freedom Dividend. It would cause economy growth due to increased taxes and spending. 4:27 – Benefits of UBI. We would get more out than we put in. It reduces health issues, crime and has many secondary benefits to putting the money into the hands of the people. 05:57 – How the money would be spent. The wealthy vs the majority. VAT taking from those who spend the most and given to the bottom 80%. Money sitting in bank accounts causes a stagnant economy. 07:27 – Basic Income as both appealing Liberals and Conservatives. Most people seem to think it is impossible, shows decline of society and lack of faith in democracy. 10:21 – Video games and the growth of the eSports economy. Parents as an early form of UBI for large groups of young people. Will additional income cause people to withdraw into games more or will it allow them to participate in real life more? 11:03 – Lack of appealing opportunities for men in the real world. The digital world as the cheapest form of entertainment, more money equals more options and less time spent in the digital world. 12:05 – Games used as a sense of accomplishment and emotional highs, which can wear off over time. UBI will give opportunities at a time when people are looking for something new. 13:24 – Social credits as a socially constructive gamification of the real world. Gaming impulse transferred into the real world and other outlets. Current philanthropic trials are small by comparison and Government could apply resources. 20:02 – Yang’s plans as president. Government currently too risk averse. Electing a president with UBI as a main objective would be a huge step towards it. Congress people would have to listen to their constituents. 24:08 – Nothing is as effective as cash to people when talking about control of programs. People losing faith in government programs. Basic jobs as a bad idea, no long term value in unproductive work as more jobs get automated. Unproductive jobs lead to unhappy people. Instead find out what work is inside of each person. The idea of Basic jobs doesn’t value people. Valuing people as stakeholders and not serves. 30:10 – People heading towards reliance on the government. UBI as better way, gives people a higher-level of integrity and self-determination. Any government change to UBI would cause riots and is still a powerful check on the government. Doing nothing will lead to bloodshed and revolution. Antitrust laws and harm to consumers. 32:38 – Defining human success independent of economic or monetary measures. Wealth getting concentrated in ever smaller pools is bad for all businesses. Riots in America looking more likely, how can we prevent that instead of waiting. 37:54 – Enlightened self-interest and lifting others up. Renouncing citizenship for tax reasons. Ad campaigns trying to encourage economic migration. VAT not a powerful factor. 40:17 – Lack of entrepreneurial migrants. Electing Andrew Yang would be a compelling message to immigrants. The opposite of Donald Trump is an Asian guy that likes facts and figures. Clear message through recent politics, people are desperate for change. 44:54 – Using Universal Based Income as a lever to address a crisis. The road to the 2020 election. Challenge of evolving as a person over time. Humanity First and One For Humanity project. Reduction of labor as a central role, the rise of automation and an economy that values people first. 48:36 – Possibility of a follow-up episode. Listeners, send in any questions. Next time we could dive deeper on Venture For America and his other policies. Check out his site Yang2020.com. Follow Andrew on Twitter @AndrewYangVFA and @andrewyang2020 53:29 – Influences of Yuval Harari. Andrew’s perspective is super refreshing for a politician. Getting other authors on the podcast. 57:44 – If you’re enjoying this show we would love to see you over on our Patreon page. You get the bonus material, detailed book notes, all of our questions from interviews and upcoming books and the opportunity to join Neil and I on a live Q&A hangout. Patreon helps us to keep the show as we want it without ads interrupting the flow of the conversation. 01:01:22 – Keep telling your friends about the show, leave a review on iTunes. It helps us to show as up as a recommended podcast. We read all of them and we super appreciate it. If you want to support the podcast in another way you can go to MadeYouThinkPodcast.com/Support. We do have a bunch of products there that we use on a regular basis. If you click through or use the coupon code it does help support the show, I guess we should mention Amazon as well as listed on there and you can go do your normal shopping on Amazon doesn't cost you anything. 01:03:08 – The interview format is new for us so we’d love to know what you think. Send us an e-mail or tweet. On Twitter I’m @TheRealNeilS and I’m @NatEliason and we will talk to you there, see you all next week. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

47: Free Money for All. The War On Normal People By Andrew Yang

The Blockchain and Us: Conversations about the brave new world of blockchains, cryptoassets, and the

Play Episode Listen Later Jul 24, 2018 100:50

"The normal American did not graduate from college and doesn't have an associate's degree. He or she perhaps attended college for one year or graduated from high school. She or he has a net worth of approximately $36,000, about $6,000 excluding home and vehicle equity and lives paycheck to paycheck. She or he has less than $500 in flexible savings and minimal assets invested in the stock market. These are median statistics with 50% of Americans below these levels” In this episode of Made You Think, Neil and Nat discuss The War On Normal People By Andrew Yang. This book is a balanced and optimistic view on Universal Basic Income, the economic impact of the automation of jobs and our options for the future. "half of American households already rely on the government for direct income in some form." We cover a wide range of topics, including: Universal Basic Income and Government benefits Statistics on unemployment, labor and the changing workforce Technology, automation and robot dog walkers Centralization of certain jobs in certain cities Remote work, freelancers, the gig economy Taxes, Cryptocurrencies & Video Games Tangents on Fortnite, Rolex and ad revenue in sports And much more. Please enjoy, and be sure to grab a copy of The War On Normal People By Andrew Yang. You can also listen on Google Play Music, SoundCloud, YouTube, or in any other podcasting app by searching “Made You Think.” If you enjoyed this episode, be sure to check out our episode on Sovereign Individual for opposing views. Along with our episode on The Elephant In The Brain for more on human nature and the desire for success. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Waking Up Podcast [01:08] Universal Basic Income [02:48] Mass Shooters [04:43] Social Revolution [04:46] Median Statistics [05:33] Labor Participation Rate [06:22] Manufacturing States [12:33] Detroit Riots [13:11] W-2 [13:43] Retraining Programs [15:12] Technology Industrial Wave [15:43] Amazon Warehouses [17:17] Walmart [17:25] Paralegals [19:33] The Sims [23:02] Hive Mind [23:27] UpWork [32:56] Slack [36:40] Esports [37:00] Twitch [37:09] Extremistan [37:12] Mediocristan [37:14] Gig Economy [40:44] Rover [40:52] Wag [40:52] Twilight Zone [42:10] Flywheel effect [45:35] Lincoln University [47:24] Biggest question Nat had have from reading @AndrewYangVFA's UBI book (on Twitter) [55:00] Unlimited Brewing [55:55] The world’s top economy: the US vs China in five charts [57:50] Cryptocurrencies [01:05:50] (Crypto episode) TransferWise [01:09:05] Blockchain [01:09:26] Winner-takes-all effect [01:09:54] Patreon Bonus Material [01:12:19] Fortnite [01:17:46] Call of Duty [01:18:03] Mad Max [01:21:11] ISIS [01:21:17] Social Credits [01:22:48] Million Dollar Bill [01:22:48] Vietnamese Dong [01:23:51] Trump’s Tax Plan [01:27:20] Totalitarianism Article [1:31:45] Yang2020.com [01:31:58] The New Deal [1:32:38] The Great Depression [01:33:40] Obamacare [01:35:22] Selection Bias [01:39:03] Books mentioned The War On Normal People by Andrew Yang Sovereign Individual by James Dale Davidson [03:17] (Nat’s notes) (book episode) Dreams From My Father by Barack Obama [01:12:47] Sapiens by Yuval Harari [01:18:47] (Nat’s Notes) (part 1) (part 2) Homo Deus by Yuval Harari [01:18:48] (Nat’s Notes) (book episode) Skin in the Game by Nassim Taleb [01:31:47] (Nat’s Notes) (Neil’s Notes) (book episode) Elephant in the Brain by Kevin Simler and Robin Hanson [01:38:43] (book episode) People mentioned Andrew Yang Sam Harris [01:00] Winston Churchill [04:25] Nassim Nicholas Taleb [37:06] (Antifragile episode) (Skin in the Game episode) Donald Trump [01:03:10] Barack Obama [01:12:12] Youval Harari [01:19:04] Robin Hanson [01:38:05] Show Topics 01:42 – The book feels optimistic and fairly balanced and offers Universal Basic Income as a good solution to our current situation. Andrew sets the stage well with the magnitude of the problem. 03:04 – We have both come from a place of not thinking UBI was a good solution and our views have been changed several times on this, since reading Sovereign Individual and now this. 04:19 – It feels like this could the best of the option that we currently have if we want to maintain this current system and avoid social revolution. 05:10 – Yang starts the book off by emphasizing the scale of the problem using median statistics or labor participation rate, unemployment rate and number of disability claimants. 06:30 – There is a massive number of people who are working age but are no longer looking for work. This is not evident when viewing the unemployment rate as they are discounted. However the labor participation rate is 63% which is lower that all other industrialized economies. 06:58 – One in three people have left the job market entirely. They have self-selected to no longer participate in the search for work and are not counted as unemployed. 08:09 – "half of American households already rely on the government for direct income in some form.". The majority of these are on disability for muscular tissue issues, mood disorders, anxiety or depression. 09:09 – There is a whole industry of lawyers who help people get onto disability who then take a cut of the back dated payments. 10:26 – Similarities between the level of disability payments and the proposition of UBI. However with disability payments, you are dis-incentivized from trying to find work as payments would stop. This causes a large number of people to stay on disability for longer and find untraceable ways of earning additional income. 11:10 – Yang says that 94% of all jobs created within the last 10 years were temporary contractor jobs with no benefits. People are not going to risk their $12,000 disability payment for a job at $7 per hour. 11:35 – Disability has less than 1% churn rate, very few people get off it. It’s like the anti-SaaS startup. 11:59 – Increases in disability payments correlate to the areas with the biggest job losses. Highest in the old manufacturing states. Does the government recognize that these payments are just another type of welfare for those that have lost their jobs? 12:31 – In Michigan of the 310,000 who left the workforce between 2003 and 2013 half went on to take disability payments. They don’t have any other options available. 13:29 – The Government doesn’t seem to actively fight benefit fraud with more people joining but few leaving. Missing of checks to see who is health is improving enough to move back into work. 14:29 – Inefficiencies of job retraining programs and the lack of transferable skills between old industries losing jobs and new (mostly technical) industries with jobs available. "The test is not 'Will there be new jobs we haven't predicted yet that appear?' Of course there will be. The real test is 'Will there be millions of new jobs for middle-aged people with low skills and levels of education near the places they currently reside'. And the answer to that seems almost certainly no." 15:44 – In previous industrial waves people have been able to adapt due to similarities of skill. Automation is now removing low skilled jobs entirely. Automation in car factories, Amazon warehouses. 18:30 – Automation isn’t solely for low skilled, Blue Collar jobs. Anything repetitive and routine can be automated. This will impact White Collar workers too. “Routine jobs of all stripes are those most under threat from AI and Automation and in time more categories of jobs will be affected.” 19:21 – Automation in law, research and reduction in personnel. Repetition as a tool for learning. Loss of high-level expertise as no-one has the foundational knowledge that comes from early repetition. 20:42 – Tangent. A Science Fiction story to make you think! In a distant future, expertise on computers has been lost and no one knows how to resolve a computer bug. A future where humans are reliant on computers to retain the knowledge for them. 22:42 – Computers no longer needing humans. The Sims, the hive mind of the Internet. Memes, Russian hackers, and Wikipedia created by AI destroying humanity. 25:19 – Assumptions of UBI imply an increase of entrepreneurship. What happens when you pay people to not work? Current level of cash wealth for the average American is $500. The expense of Healthcare means that one ER visit can put people into long term financial difficulty. Defaulted medical bills are then just another form of welfare. 27:50 – Median salary in the US is $31,000. Cost of living in New York and San Francisco. Impact cost of living has on average job wages. Manhattan vs Brooklyn. 32:14 – The author criticizes the idea that those that lose their job can just start working remotely. Those in the US can’t compete due to cost of living with locations like the Philippines and Sri Lanka. Tech skills required are also a barrier to entry. 36:10 – Professional eSports players and the popularity of Twitch and the platform reinforcing the popular streamers causes them to be more popular. Extremistan vs Mediocristan. 39:11 – Lack of service jobs, the rise of the gig economy, dog walking apps. Robot dogs and cyborg owners. 42:39 – Hyper-concentration of money and talent in 6 cities: Boston, Chicago, Los Angeles, New York and Washington DC. Reinforcing loop effect. Venture Capital money and secondary cities that are on the rise. The effects of anchor companies in smaller cities. 50:01 – Potential to see an exodus of people moving away from high cost of living areas due to remote work. The increase of remote working technologies which helps team collaboration. 52:32 – Geography is destiny. Jobs disappear where society falls apart and the smartest leave first. Reduction in families relocating across state lines. 54:14 – The ‘useless’ class being subsidized by the 1%. Will this cause talent to leave on a international level? Yang says inertia, lower taxes, standard of Education keep people in the U.S. 55:40 – VAT, international transactions, selling to the UK from the US. Micro economies and city-states. China GDP. Impact of taxes in lower cost of living regions. 01:01:50 – Moving abroad, spending in different economies. Moving to Canada because of Trump. Tipping point for people leaving their state or country because of high tax levels. 01:05:41 – Tangent. Cryptocurrencies as an alternative to being taxed. Adoption of Bitcoin and untraceable payment systems. Exchange rates and paying freelancers. TransferWise, PayPal. UBI as being a better option than the status quo. 01:10:20 – Yang doesn’t present UBI as a perfect solution but it’s an option to divert us from the direction we are already headed in. 1:12:00 – If you want to hear Neil’s comments about Obama’s book, support us on Patreon and listen to the bonus material for this episode. 01:13:14 – The explosion in popularity of video games for unemployed men. The average playing time went from 3 hours per week to 8 hours per week in just a few years. 01:14:32 – E-sports, ad revenue, disposable income of an unemployed audience. Comparisons with NBA, NFL, tennis, golf and other sports. Sponsorships vs engagement of an audience. 01:16:35 – Power of in-app purchases, revenue making game mechanics. Popularity of Fortnite, going to $318MM in monthly revenue in just eight months. Comparisons with Call of Duty, game play and enjoyment. 01:18:55 – Harari's comments on the ‘useless’ class moving to VR as a stimulus. Swapping religion for video games. Lack of creative outlets and sense of reward in modern life. People turning to games for the feeling of progress and adventure. 01:20:31 – Implications of having unemployed young men roam the streets are a recipe for disaster. Preventing social unrest of large group of unemployed people by videogames. 01:21:35 – Lack of stimulation causes unwanted behaviors. People don’t always direct their energy in productive ways. Social credit apps, psychology of spending millions in other currencies. 01:24:07 – UBI as an economic stimulus, makes new businesses more viable. Additional disposable income. Decreasing customers causes decreasing investment. Spending on subscriptions like Netflix causes income to flow back to those already rich cities. 01:26:55 – Trump’s tax plan, government waste. UBI puts money in the hands of the individual and reduces government control. Appealing to both political sides - as a safety net and as a way for individuals to have more control. 01:29:52 – Welfare increasing risk of totalitarianism. Government and citizens in harmony - taxes in exchange for infrastructure and protection. Does reducing taxes reduce how much the government listens to the people? 01:31:36 – Andrew Yang is a presidential candidate for 2020 against Trump. Danger of using UBI as a re-election tactic. An issue so powerful could lead to a potential dictatorship. The Great Depression, introduction of Social Security. Congress, altruistic presidents and Obamacare. 01:35:47 – If you want to hear more about some of our thoughts related to the book get the bonus material for this episode at Patreon. We got to say it a lot of times to make sure everyone remembers what it is. Patreon.com/madeyouthink 01:38:03 – You can also leave a review for this show on iTunes. That is probably one of the best ways to support the show, that helps us show up as a recommended podcast. It makes us feel good. It'll make our mother's proud of us. Keep tweeting about it. We love hearing from you guys and getting your questions and your thoughts. 01:40:23 – You can check out some deals from our wonderful sponsors at MadeYouThinkPodcast.com/Support. That's where you can find the mushroom coffee, the Perfect Keto ketones the Kettle and Fire bone broth, the Cup and Leaf tea and also you can click through to Amazon. Buy anything there and that helps support the show as well. This is a topic we're definitely interested in so if there are articles, other books, videos definitely send them our way on Twitter. I’m @TheRealNeilS and I’m @NatEliason. See you guys next week. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

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Luis Cuende - How Digital Jurisdictions Help Us Escape 1984 and Take Back Control

Play Episode Listen Later Jul 23, 2018 44:18

Luis Cuende speaks about the inspiration for his startup Aragon, raising over $100 million in his ICO, how he plans to create a digital jurisdiction that isn't bound to the borders of a single country, how governments manipulate citizens, how he explains the need for digital worlds, which narratives inspire people to reclaim their freedom, societal challenges in the Western world, why jobs are a thing of the past, why he thinks governments should try universal basic income, how blockchains could restrict the power of governments, why he thinks borders create racism, how decentralization on blockchains could create value, the evils of social media, how decentralized systems can avoid the path of social media, why George Orwell's 1984 is real and what helped this happen, why many people have lost hope, why few digital natives understand the vision of decentralization, and many other things. Luis is the co-founder of Aragon, a project for disintermediating the creation and maintenance of companies and other organizational structures. He is also the co-founder of Stampery, an advisor to many other blockchain projects, including Decentraland, and a former advisor to the European Commission. Luis won the coding competition Hack Forward at the age of 15, and Forbes selected him as one of the 30 people under 30 in technology in Europe. Luis Cuende: https://luisivan.net, https://twitter.com/licuende Aragon: https://aragon.one, https://twitter.com/aragonproject Decentraland: https://www.decentraland.org, https://twitter.com/decentraland Book "The Sovereign Individual" by James Dale Davidson and William Rees-Mogg: https://www.goodreads.com/book/show/82256.The_Sovereign_Individual Kevin A. Carson's post "Moloch": https://c4ss.org/wp-content/uploads/2009/08/Moloch.pdf George Orwell's book "1984": https://www.goodreads.com/book/show/5470.1984 George Orwell's book "Animal Farm": https://www.goodreads.com/book/show/7613.Animal_Farm The Blockchain and Us newsletter To stay up to date about what blockchain pioneers, innovators and entrepreneurs from all around the world think about the future of this space, just go to www.theblockchainandus.com and sign up for the newsletter.

europe digital western forbes escape george orwell european commission ico aragon animal farm take back control moloch decentraland jurisdictions james dale davidson william rees mogg luis cuende

43: Recap Time #2! Our Favorite Lessons from Episodes 22-42

Play Episode Listen Later Jun 26, 2018 109:57

Our second recap! In this episode of Made You Think, Neil and Nat revisit the previous books and topics discussed on the podcast. We delve into the most useful lessons that we’ve learned so far. It's perfect for newer listeners to catch up with the older episodes. Listen to this episode irrigated with Malbec. We cover a wide range of topics, including: The first 20 episodes summarized in one sentence. Reviewing books, speeches, articles, and even a music album. An article that changed our view on guns. Two books with an opposite view on Capitalism. Harari’s three part saga. Which book episodes were the most listened. And much more. Please enjoy, and be sure to check out all of our episodes here. If you enjoyed this episode, be sure to check out our first Recap episode. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Sesame Street [7:08] Blinkist [21:44] MentorBox [22:14] GE – General Electric [23:50] Aquatic Apes Hypothesis [25:03] Joe Rogan on Gender Warfare with Milo Yiannopoulos [38:20] Jordan Peterson on Joe Rogan’s Experience [38:32] Jordan Peterson on Jocko Podcast [38:59] Breaking Bad [44:58] A vegan diet in children may lead to spinal cord degeneration [46:51] Psychological Priming [47:20] Marshmallow Test [48:15] Lindy Effect [49:37] Vox [49:52] Fox News [1:07:01] Tesla [1:09:41] Prius [1:09:41] Starbucks [1:21:56] Distracted Boyfriend meme – Socialists vs. reality [1:36:26] Freakonomics [1:38:58] Genius [1:41:39] Stitcher [1:47:56] Books mentioned Antifragile by Nassim Taleb [2:46] (Nat’s notes) (book episode) Letters from a Stoic by Seneca [3:30] (Nat’s notes) (book episode) Mastery by Robert Greene [4:00] (Nat’s notes) (book episode) The Power of Myth by Joseph Campbell [4:18] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson [4:42] (Nat’s notes) (book episode) In Praise of Idleness [5:44] (Nat’s notes) (book episode) Amusing Ourselves to Death by Neil Postman [7:02] (Nat’s notes) (book episode) Finite and Infinite Games by James Carse [7:22] (Nat’s notes) (book episode) Way of Zen by Alan Watts [8:23] (Nat’s notes) (Neil’s notes) (book episode) Emergency [9:06] (Nat’s notes) (book episode) Gödel, Escher, Bach by Douglas R. Hofstadter [10:09] (Nat’s notes) (book episode) The Goal [12:52] (Nat’s notes) (book episode) Principles [13:50] (Nat’s notes) (book episode) The Inner Game of Tennis by Timothy Gallwey [14:39] (Nat’s notes) (book episode) The Psychology of Human Misjudgments by Charlie Munger [15:03] Work Clean [15:35] (Nat’s notes) (book episode) The Denial of Death [16:55] (Nat’s notes) (book episode) Influence by Robert Cialdini [17:18] (book episode) Revolt of the Masses by Ortega y Gasset [19:01] The Subtle Art of Not Giving a Fuck [22:41] Lean Startup [23:10] Darwin’s Dangerous Idea by Daniel Dennet [24:24] (book episode) What Every Body is Saying by Joe Navarro [28:50] (Nat’s notes) (book episode) Hiroshima Diary by Michihiko Hachiya [32:59] (Nat’s notes) (book episode) 12 Rules for Life by Dr. Jordan B. Peterson [35:59] (Nat’s notes) (Neil’s notes) (book episode) Merchants of Doubt by Naomi Oreskes and Erik M. Conway [42:18] (Nat’s notes) (book episode) Leverage Points by Donella Meadows [49:55] (article episode) Daily Rituals by Mason Currey [54:15] (Nat’s notes) (book episode) Skin in the Game by Nassim Taleb [59:40] (Nat’s notes) (Neil’s notes) (book episode) The Black Swan by Nassim Taleb [1:01:03] The Bed of Procrustes by Nassim Taleb [1:03:14] Blink by Malcolm Gladwell [1:01:48] The Riddle of the Gun by Sam Harris [1:06:11] (article episode) Discipline and Punish by Michel Foucault [1:12:20] (Nat’s notes) (book episode) Sapiens by Yuval Noah Harari [1:16:42] (Nat’s notes) (book episode part 1 & part 2) Homo Deus by Yuval Harari [1:16:42] (Nat’s notes) (book episode) Solitude and Leadership by William Deresiewicz [1:22:44] (speech episode) Atlas Shrugged by Ayn Rand [1:25:22] The Book of Five Rings by Miyamoto Musashi [1:29:58] (Nat’s notes) The Jungle by Upton Sinclair [1:32:55] (Nat’s notes) The Elephant in the Brain by Kevin Simler and Robin Hanson [1:37:58] The College Dropout [1:41:15] (album episode) People mentioned Jordan B. Peterson [0:51] (on Twitter) (12 Rules episode) Jeff Bezos [5:40] Adil Majid [6:05] (Crypto episode) Elon Musk [12:08] (on this podcast) Flatgeologists – Flat Earth Society [12:35] Joseph Campbell [14:09] Nassim Nicholas Taleb [19:49] (Antifragile episode) (Skin in the Game episode) Tim Cook [19:50] Eric Ries [24:19] Albert Einstein [41:42 Taylor Pearson [51:21] (Crypto episode) Ayn Rand [56:07] (Atlas Shrugged episode) Eric Weinstein [1:13:31] Friedrich Nietzsche [1:14:20] Malcolm Gladwell [1:21:11] Winston Churchill [1:35:36] Show Topics 1:25 – This episode is entirely sponsored by YOU via Patreon! Follows this link to directly support us. Check out the lovely bonuses you receive by supporting the show. 2:46 – Antifragile. Barbells strategy. Learning how to take advantage of chaos in the world. 3:30 – Letters from a Stoic. Acquire a new mental model for handling stress and challenges in your life. 4:00 – Mastery. 4:18 – The Power of Myth. Why we should take religions more seriously. 4:42 – Sovereign Individual. Rethink the permanence of the nation-states and what your future might look like in a society dominated by technology. 5:44 – In Praise of Idleness. Stop working so hard and reasons you should consider working less hard. 6:05 – Crypto episode. Principles of the tech behind Bitcoin and why you should care. 07:02 – Amusing Ourselves to Death. Don't watch the news, but listen to MYT. 7:22 – Finite and Infinite Games. Look at yourself as part of parallel finite and infinite games played in the world, and recognize artificial constraints to play infinitely. 8:23 – Way of Zen. All what you know about Buddhism and meditation is wrong. 9:06 – Emergency. Steps you should take to protect yourself when the society breaks down. 10:09 – GEB. Strange loops. Patterns that hint at the meaning of intelligence and why it may create issues while trying to understand our intelligence or building AIs. 12:08 – Think Like Elon Musk. Thinking independently vs copying the routines of others. Reasoning for firsts principles. 12:52 – The Goal. Theory of constraints, bottlenecks in businesses. 13:50 – Principles. Lots of business tactics. 14:39 – The Inner Game of Tennis. Learning how to get out of your own way to perform better. 15:03 – Psychology of Human Misjudgments. Guide for better decision making and catalog of human misjudgements. 15:35 – Work Clean. Keep your desk organized to get less distracted. 16:55 – Denial of Death. Our lives are driven by our fear of our mortality. 17:18 – Influence. Classic marketing tactics to make people trust you. 18:06 – Recap #1. 19:01 – Revolt of the Masses. Interesting ideas of the stratification of society. Against rent seekers and bureaucrat layers. Reading summaries will not convert you in Tim Cook, Apple’s CEO. 24:24 – Darwin’s Dangerous Idea. There's really no meaning to life if Darwin's evolutionary theories are correct. Aquatic Apes theory! Evolution makes life inherently meaningless. Superstition in animals. Should we eat humans? 28:50 – What Every Body is Saying. Textbook to decipher body language. Communicating with body language, and dating. 32:59 – Hiroshima Diary. Private diary of a doctor from Hiroshima injured in a blast. How much humans are capable of enduring without breaking. Perspective on hardship. 35:59 – 12 Rules for Life. Peterson is a quite controversial character. Gender ideas, misinterpretation, toxic masculinity. 42:18 – Merchants of Doubt. Scientists that get paid to create fake science to support destructive practices of some companies. The problem of Media communicating science. 49:55 – Leverage Points. 12 points you can intervene in a complex system to create some change, and the relative power of each of them. Which President is sitting in the Oval Office is less important than the rules, the government and context inside and outside the country. 52:26 – Support the show on Patreon and help us buy a Tangents Button. 54:15 – Daily Rituals. People doing a lot of drugs. Historically geniuses were drug nubs, drunks, and not sleeping. It's hard to evaluate instant productivity. 59:40 – Skin in the Game. Appendix to Antifragile. Comparing this book with others by Nassim Taleb. Good way to structure your own compensation. Curious notes on Taleb's personality. 1:06:11 – The Riddle of the Gun. A concise, clear, apolitical, view-changer article in favor of gun ownership. Nuances of a black-or-white issue. Micro and macro level incentives. The naive reaction of liberal people. 1:12:00 – Subscribe to the show's Patreon, and discover the secret Nat's misadventures on Facebook. 1:12:20 – Discipline and Punish. Not a BDSM-sex book. It requires discipline to go through the book, and, after it, you'll feel punished. Better to listen to our episode :). A book about post-modernism. Listen to our analogy on Nietzschism and Nazism. 1:16:42 – Harari's 3 parts saga. Sapiens part 1, part 2, and Homo Deus. Mythology and shared stories as big driving forces for human development and organization of large sets of humans. Examples: Money, Cities, Companies. 1:21:21 – Listeners Questions #1. Flow, happiness, power, future of work, personal backgrounds. Subscribe on Patreon to ask questions for the next Listeners' episode. 1:22:44 – Solitude and Leadership. Our first speech. Spend time on your own having the freedom from interruptions, to become a better thinker, doer and leader. Otherwise, amuse yourself to death or be an excellence sheep. There are so many differences between our reality and our biology that we have to construct our reality to be more in line with our biology. Think about your solitude the same way as your diet. 1:25:22 – Atlas Shrugged. The Behemoth. Compelling case for physical Conservatism. A book that will make you respect entrepreneurship. 1:29:58 – The Book of 5 Rings. Applying strategy, military tactics, and sword fighting, to life. 1:32:55 – The Jungle. A "funny" counterpart to Atlas Shrugged. Differences between Anarchism and Libertarianism. "Capitalism is the worst economic system except of all the others". 1:37:46 – The Elephant in the Brain. Secret motivations for doing things that we don't like to talk about because they are ugly and focusing on the pretty side of our actions. Evolutionary reasons to hide those motives even to ourselves. A case for not being so introspective. 1:41:15 – The College Dropout. Our first music album! Growing up poor and making it big. Poetry, well constructed, and with many levels of interpretation. even if you don't like rap, consider listening to the episode, it will make you like rap a little bit more. Kanye as a brilliant marketer. 1:45:05 – Sponsors. Sign up to Patreon to get more notes, goodies, and chat with us. Try Perfect Keto's Nut Butter. A frosting experience, great texture, great flavor, macadamia, cashew, coconut and MCT oil and sea salt. Try Four Sigmatic’s Lemonade, a jet black lemonade with activated charcoal along with chaga mushroom. Reach us on Twitter, TheRealNeilS and nateliason. Review us iTunes. Keep telling your friends, that's the #1 way people hear about MYT. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

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41: Hidden Motives in Everyday Life. The Elephant in the Brain by Kevin Simler and Robin Hanson

amazon game learning donald trump lord art conversations hollywood kids starting school social education politics super bowl books religion corona chinese reading evolution toronto brain medicine lifestyle staying blog harvard uber discipline game of thrones conspiracies hidden press iran competition comedians theory chicken behavior narrative switch crypto skin drinking products conclusion pros chip car cheating lord of the rings strategic thrones elephants electric lying split dinosaurs comparing rings laughter catching luxury north korea jokes gossip envy co2 danish required peterson buzzfeed rape argument bmw laughing bach recycling arguments metrics jordan peterson alex jones plato ivy league guinness everyday life proving consumption biological commodities pornhub gin cue red cross mona lisa prestige flirting motives body language rolex digital nomads oscar wilde united way joe rogan experience pipes budweiser norms convincing thesis sam harris underlying donating punish tangent sapiens yuval noah harari superbad cheering prius self deception ronaldinho deceiving antifragile michel foucault sean spicer analogies gossiping cmu nassim taleb escher dan heath nassim nicholas taleb effective altruism daily rituals stated outsmarting four sigmatic homo deus redistribution yuval harari unconsciously animal behavior birchbox altruistic pavlovian robin hanson signalling dolce gabbana oolong givewell paypal mafia joe navarro scentbird spotlight effect perfect keto sovereign individual hofstadter geoffrey miller bill simmons podcast light blue myt mason currey james dale davidson kettle fire made you think kevin simler encens against malaria foundation rag bone

Play Episode Listen Later Jun 12, 2018 129:06

We, human beings, are a species that’s not only capable of acting on hidden motives—we’re designed to do it. Our brains are built to act in our self-interest while at the same time trying hard not to appear selfish in front of other people. And in order to throw them off the trail, our brains often keep “us,” our conscious minds, in the dark. The less we know of our own ugly motives, the easier it is to hide them from others. Self-deception is therefore strategic, a ploy our brains use to look good while behaving badly. In this episode of Made You Think, Neil and Nat discuss The Elephant in the Brain Kevin Simler and Robin Hanson. In this book the authors dig into the true motives that drive our decisions and behaviors. We cover a wide range of topics, including: Being selfish without noticing it Outsmarting other humans Gossiping, signalling and laughing The truth about Rolex watches (and is not about time precision) Metrics used to measure a charity effectiveness Mona Lisa conspiracy theories And much more. Please enjoy, and be sure to grab a copy of The Elephant in the Brain Kevin Simler and Robin Hanson! If you enjoyed this episode, be sure to check out our episode on What Every Body is Saying by Joe Navarro, a cited book that explains the true language of our body, as well as our episode on Discipline and Punish by Michel Foucault, another book that talk about different types of signalling. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show The Redistribution of Sex - Robin Hanson’s Tweet [1:18] Jordan Peterson about the Toronto school shooter [2:00] Chinese app to watch attractive women [3:18] PornHub [3:35] Melting Asphalt – Kevin Simler’s Blog [4:20] PayPal Mafia [23:40] Spotlight Effect [24:26] Bret Weinstein & Heather Heying on the Joe Rogan Experience - hot vs beautiful [30:25] Game of Thrones [40:40] Uber [4224] Bill Simmons Podcast [47:33] Game of Chicken [47:55] Birchbox [57:01] Superbad film [1:06:48] Harvard students case publishing offensive memes in a private Facebook group [1:10:02] Buzzfeed [1:25:00] Pavlovian Theory [1:29:57] Mona Lisa ashes vs replica [1:35:14] Against Malaria Foundation [1:40:07] Good Street [1:41:14] Effective Altruism [1:42:04] Give Well [1:42:09] Red Cross [1:46:30] Susan G Komen Charity [1:46:50] United Way [1:47:30] Books mentioned The Elephant in the Brain Kevin Simler and Robin Hanson (Nat’s notes) Sapiens by Yuval Noah Harari [6:56] (Nat’s notes) (book episode part 1 & part 2) Homo Deus by Yuval Harari [6:56] (Nat’s notes) (book episode) Daily Rituals by Mason Currey [7:47] (Nat’s notes) (book episode) Chimpanzee Politics [14:20] 12 Rules for Life by Dr. Jordan B. Peterson [24:14] (Nat’s notes) (Neil’s notes) (book episode) Lying by Sam Harris [38:18] Switch by Chip and Dan Heath [40:26] Lord of the Rings [40:40] What Every Body is saying by Joe Navarro [1:03:20] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson [1:21:50] (Nat’s notes) (book episode) Gödel, Escher, Bach by Douglas R. Hofstadter [1:25:14] (Nat’s notes) (book episode) Antifragile by Nassim Taleb [1:25:14] (Nat’s notes) (book episode) Discipline and Punish by Michel Foucault [1:53:02] (Nat’s notes) (book episode) People mentioned Kevin Simler Robin Hanson Jordan B. Peterson [] (on Twitter) (12 Rules episode) Adil Majid [38:29] (Crypto episode) Sean Spicer [54:00] Donald Trump [54:00] Ronaldinho [1:13:37] Geoffrey Miller [1:33:53] Alex Jones [1:39:21] Nassim Nicholas Taleb [1:49:11] (Antifragile episode) (Skin in the Game episode) Show Topics 4:50 – “Elephant in the brain, n. An important but unacknowledged feature of how our minds work; an introspective taboo”. Is there a survival advantage to not being too much introspective? Pros and cons of meditation. Stated reasons for doing things when we interact with other people. The effect of open offices, cafes and music on Neil. 9:17 – Underlying motives of our actions. Figuring out other people: what's making them tick? Example: parents who believe that college is a good idea for their kids, once they already paid. Starting a bitcoin mining company to pay studies at CMU. 11:41 – Thesis outline: we all have selfish modisms. However: People are judging us all the time. Because they are judging we are eager to look good. It’s better if we don’t show our selfishness. This applies not just to our words, but also to our thoughts. In some areas of life, especially polarized ones like politics, we’re quick to point out when others’ motives are more selfish than they claim. But in other areas, like medicine, we prefer to believe that almost all of us have pretty motives. 12:51 – #1 Animal Behavior. Biological social reasons for selfish modisms. Social grooming. The monkeys example: they over spend grooming others, much more than really needed and they'll fight to groom the higher rank monkeys. Analogies with employees in the corporate context. We do things that on the surface look pro social, but in reality we are just looking to increase our social standing. Altruistic behavior is not quite what it seems. 15:18 – Altruistic babblers example: these birds work to earn “prestige” in their community. Prestige will give them more mating opportunities. Analogies with student and religious groups. Knowledge suppression: we hide our big motivators from ourselves because other people are better at reading to our intentions. For example we can read bad sellers. 19:06 – #2 Competition. We are more selfish than we let ourselves think. Evolution first was about competition with the environment. Since we outsmarted other animals, we evolve to outsmart other humans. Unconsciously we try to increase our elements of social status: dominance (intimidate others) and prestige (being an impressive human being). 23:04 – Envy. “But the prestige-seeking itself is more nearly a zero-sum game, which helps explain why we sometimes feel pangs of envy at even a close friend’s success”. Signalling. The most honest signals are expensive. Nowadays being in shape is more expensive than being fat. Facebook and Instagram as tools for signalling. The King and the whisperer. 26:46 – Deceiving signals. Digital Nomads showing off while not being able to support themselves in the US. Behaviors that can be explained by competitive signalling. Luxury consumption is our version of the peacock tail. No one buys a Rolex to tell the time. There is sexual sense to men paying for the first meal on a date. Hot vs Beautiful: most products are advertised to make women hotter than attractive, and that may be a cause of unhappiness. 33:21 – #3 Norms. Gossiping and reputation. Gossip is to tell our group other people is not following norms. We lose reputation when others gossip of us. Gossip is cross cultural, and it seems to exist to enforce reputations and norms. Useful and harmful gossiping. Gossiping as valuable recommendations of people to employ and work with. 37:27 – Gossip are learned behavior or inherited genetics? Gossiping to get attention. Arguments that telling small lies in front of friends erodes your reputation and trust. Telling small lies to ourselves to prove ourselves an action we took. Analogies to the book: Chip & Dan’s elephant and the writer in Switch, Plato’s horses and the chariot driver. 41:01 – #4 Cheating. In order to cheat people, we need to be able to hide our intentions because we are good at sniffing out cheaters. Drinking in public, hiding the bottle in brown paper bags. Pipes and vape pens for... tobacco? Finding ways to encourage good behavior that one wouldn't do otherwise. Recycling. 44:09 – Tangent. Danish study on grocery bags: plastic bags beat paper bags 40 to 1. Electric cars CO2 impact much larger than gas cars. 47:53 – #5 Self Deception. Convincing others that you had sabotaged yourself, and the best way to convince someone for something is for you to actually believe it. Iran’s nuclear deal with the US. North Korea wanting to be taken seriously. Looking like the mad man in town. Closing or degrading a channel communication. Strategic ignorance. Avoid looking at kidnappers face. 52:02 – #6 Counterfeit Reasons. We make up reasons to explain why we do things or why we want things. Split brain patients test. Narrative fallacy. Making up reasons to deny a disability. Press secretary. Sean Spiner on the podium trying to explain Trump's decisions. We accentuate and exaggerate our pro-social motives and downplay our ugly selfish ones. 55:32 – Sponsor! Scentbird. Monthly subscription for premium perfumes and colognes, delivered at your door in convenient packaging for only $15/mo! Avoid the weird and bulky shapes of perfume bottles. Scentbird has a very compact and handy rechargeable cartridge system. Neil is using Dolce & Gabbana’s Light Blue which is very summery. Nat buyed Gin by Commodity, Bergamote by Commodity, and Encens by Rag & Bone. Use our code to get 50% off the first month. Neil is drinking Milk Oolong from Cup & Leaf Tea (a tea that tastes milky but doesn’t have milk!). You can reinfuse Oolong up to 5 times! Try it iced too. Cup & Leaf will give a 10% lifetime discount to its first 100 customers. The Cream Earl Grey is great too. Replace-your-coffee and MYT kits coming soon. 1:03:11 – #7 Hidden motives in everyday life. Body Language. Cue is like a signal but it only provides value to the receiver. Catching cues reading other people while playing poker. Eye contact ratio while speaking and listening is a sign dominance. 1:06:12 – #8 Laughter. “We laugh far more often in social settings than when we’re alone—30 times more often”. Laughter is a social way of initiating play with each other. Flirting with the edges of acceptable behavior. Comedians can talk things in ways no one else can talk in public. Laughing seems to come from an instinct. Great apes laugh too. Oscar Wilde said, “If you want to tell people the truth, make them laugh; otherwise they’ll kill you”. Making offensive statements in a playful manner with friends. 1:11:39 – Theory that laughter relieves nervous energy. Comedians make jokes about things they really don't believe, but many people extrapolates them wrongly. Laughter to test relationships with new people. Argument that humor normalizes bad behavior. Rape jokes. Jokes in the wrong audience. 1:22:49 – #9 Conversation. Conversation is not primarily an exchange of information, but mainly we do it to prove we are a reliable and good source of information. The backpack full of tools analogy. Reading and curiosity. Staying on topic, but not repeating ourselves. 1:27:43 – #10 Consumption. We buy things to look good. Prius example: it was designed ugly on purpose. Lifestyle ads. Corona beer theories: the first, Pavlovian, associating Corona and the beach, the second, one would buy Corona worrying about what others may associate the brand with. Super Bowl ads. BMW have to show their ads to poor people as well, so rich people associate the brand with luxury. Car ads reinforcing owners' believes. Products can be marketed for utility or lifestyle. Guinness and Budweiser have the same amount of calories, but they are marketed and perceived differently (surprisingly, Guinness is very keto-friendly). 1:33:33 – #11 Art. We find waste sexually attractive, because wasting resources is kind of a proof of wealth. People that hold a group in conversation are attractive. We tend to value art because we associate effort and skill with it. Mona Lisa's ashes and replicas survey. Is it the real Mona Lisa in the Louvre? Motivations behind mass shooters. Dinosaurs bones in museums. Conspiracies. 1:39:54 – #12 Charity. People donate in very inefficient ways. Donating for malaria vs high schools. Ivy League schools as hedge funds with an educational side. Comparing malaria deaths with other diseases that lower the quality of life. Is it dollar-to-lifes the best metric to look at when donating? The problem with Red Cross and other famous non-profits. Hollywood movies as non-profits. 1:49:34 – #13 Education. Kids don't learn much in class compared to unschooled ones. National GDP does not rise with education, but individual earning does. School seems more a filtering mechanism where, if you graduate from Harvard it doesn't mean you learned a ton but that you survived it. School as domestication. The most performant students are those more domesticated. 1:52:08 – Required attendance shows that the teacher is insecure of being interesting. Learning topics through other mediums than class subjects. School is more a signalling tool to show conformity to society and employment. For parents, it's a tool to brag that “made it”. School may be useful from a network standpoint. Why we haven't franchised the Ivy League. 2:01:54 – #14 Medicine. We get much more medicine than we need mostly as a way to show we take care of each other. Medicine is great for saving lives, but doesn't perform well on life and quality of life extension. 2:03:21 – #15 Religion. Proving you are a member of the community by sacrificing part of your freedom, time, resources and even identity. 2:04:10 – #16 Politics. We often vote to show loyalty to a community. You’d better don't want everyone to participate in an election, especially if they'll vote the opposite candidate you'll vote. Cheering for your party, as in sports. 2:06:31 – #17 Conclusion. It's easy to spot others doing it, it's difficult to pick up ourselves doing it. “The biggest lesson from Part I is that we ignore the elephant because doing so is strategic. Self-deception allows us to act selfishly without having to appear quite so selfish in front of others. We have a gaping blind spot at the very center of our introspective vision. If we’re going to second-guess our coworkers and friends, we shouldn’t give ourselves an easy pass. In fact, knowing about our own blind spots should make us even more careful when pointing fingers at others”. 2:07:56 – Support us by buying the book through our Amazon affiliate link. Support us by buying stuff from our sponsors, Perfect Keto for all your keto diet needs, Kettle & Fire for grass fed bone broth, Four Sigmatic for delicious mushroom coffee and other low caffeine drinks. If you enjoyed this episode and want to read along with us, don’t forget to subscribe at https://madeyouthinkpodcast.com

40: Slaughterhouse Capitalism. The Jungle by Upton Sinclair

Play Episode Listen Later Jun 5, 2018 126:08

Jurgis, too, had heard of America. That was a country where, they said, a man might earn three roubles a day; and Jurgis figured what three roubles a day would mean, with prices as they were where he lived, and decided forthwith that he would go to America and marry, and be a rich man in the bargain. In that country, rich or poor, a man was free, it was said; he did not have to go into the army, he did not have to pay out his money to rascally officials—he might do as he pleased, and count himself as good as any other man. In this episode of Made You Think, we discuss The Jungle by Upton Sinclair It is a novel that portraits realistically the life at the time of immigrant families. Aimed to promote socialism, it ended conceiving the first laws of consumer protection in the United States after the scandal created by the revelation of meat packing malpractices. “Leave it to me; leave it to me. I will earn more money—I will work harder. Jurgis.” We cover a wide range of topics, including: The 3-day weekend A list of malpractices in the meatpacking industry that ended Embalmed meat killing soldiers in Spain Children labor in tech startups Monstrous sized apples and food stamps diets Businesses taking advantage of illegal immigrants Fiverr ads in NY and the Gig economy And much more. Please enjoy, and be sure to grab a copy of The Jungle by Upton Sinclair! If you enjoyed this episode, be sure to check out our episode on Atlas Shrugged by Ayn Rand, counterpoint to The Jungle, a book that vows for Capitalism, as well as our Recap episode, where we summarize our first 20 books, all under the effects of alcohol :). Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Lacroix [0:41] Pure Food and Drugs Act [2:46] Meat Inspection Act [2:46] Kettle & Fire [48:26] Food stamps don’t cover the cost of healthy eating [49:01] Costco [50:43] Peter Attia at the Joe Rogan experience - Cocaine Revolutionized Surgery [59:19] Snus – Chewing Tobacco [1:01:28] Lindy Effect [1:02:34] Verizon AT&T-Time Warner Trust [1:14:17] Interstellar [1:15:52] North Star Podcast [1:17:29] Foxconn [1:19:50] Nike [1:19:50] Patreon [1:38:19] Distracted Boyfriend meme - Socialists vs. reality [1:42:17] Uber [1:50:25] Fiverr Ads in NY [1:50:25] UpWork [1:51:28] Hinge [2:01:55] Books mentioned The Jungle by Upton Sinclair (Nat's notes) Uncle's Tom Cabin by Harriet Beecher Stowe [3:20] Seeing Like a State by James C. Scott [3:52] Atlas Shrugged by Ayn Rand [4:11] The Denial of Death by Ernest Becker [24] (Nat’s notes) (book episode) Liar's Poker by Michael Lewis [25:] Sapiens by Yuval Noah Harari [37-42] (Nat’s notes) (book episode part 1 & part 2) Skin in the Game by Nassim Taleb [1:03:18] (Nat’s notes) (book episode) Leverage Points by Donella Meadows [1:22:15] (article episode) The Elephant in the Brain by Kevin Simler and Robin Hanson [1:23:32] Animal Farm by George Orwell [1:44:49] The Power of Myth by Joseph Campbell [1:48:12] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson [1:49:38] (Nat’s notes) (book episode) Das Kapital by Karl Marx [2:04:37] War and Peace by Leo Tolstoy [2:05:22] Zen and Art of Motorcycle Maintenance [2:05:35] People mentioned Upton Sinclair Adil Majid [37:42] Nassim Nicholas Taleb [56:01] (Antifragile episode) (Skin in the Game episode) Chris Christie (sports betting in New Jersey) [56:52] Neil deGrasse Tyson [1:17:02] David Perell from the North Star podcast [1:17:29] George Orwell [1:44:21] Jordan B. Peterson [1:45:16] (on Twitter) (12 Rules episode) Warren Buffet [1:46:23] Elon Musk [2:04:05] (on this podcast) Jeff Bezos [2:05:06] Show Topics 0:00 – The Jungle It is a book commonly read in High School, but probably the intention gets missed when read young. The content of the story is very dark. At first it seems to be a book about the terrors of the meat industry, but Sinclair aimed at the perils of Capitalism. It shows the problems with pure Laissez-faire economic systems (while other books as Atlas Shrugged critique Top-Down economies). 4:28 – Sinclair was upset that his book didn’t meet the goal to promote socialism, all it had was the effect of changing how the US regulates the meat industry. The value of safety nets and consumer protection laws. 7:14 – We didn't had weekends as we know them today. Some people suggest we will be able to mitigate some of the effects of automation by shortening the work week even more. Some startups and companies already offer Summer Fridays, where employees take Friday off. This is backed by noticing that does not affect productivity. 11:47 – Sinclair disavowed Socialism, he said it was not well implemented. Also, that Unions are an equally corrupt part of the system too. However, the book seems quasi religious, as lacks critics to Socialism. 14:39 – The book tells the story of Jurgis, who decides to move from Lithuania to Chicago with his family. He first feel betrayed with his friend, which he thought was rich. At that time, moving was one-way, people didn't have the money to travel back. The experience to moving to a completely extraneous place you never saw and with different language. Practically there is no culture living in complete isolation today, given the spread of the Internet and the English language. 20:02 – Jurgis gets his first job is sweeping guts and parts of cattle into a pit. The joy of having a job and the feeling of being settled. Not being paid for partial clock ours or waiting ours. Investment banking seems like a modern upper middle class version of the same problem. 25:44 – No security. Jurgis get injured and rests at home, without being paid. Hard work spirit. “Leave it to me; leave it to me. I will earn more money—I will work harder.” 26:05 – Sinclair attacks meritocracy. It's not those who work hard that are the ones who are wealthy. The people who had made it are not the people who'd done a good job, it's the people who'd figured out how to rig the system. Meritocracy, honesty (or dishonesty), conditions at birth and luck as the shapers of one's future. Reconciling the victim mentality with the meritocratic attitude. 28:45 – White privilege is probably true, but people started very poor and developed wealth through generations. The leap from "making money to stay alive" to "making money and build wealth". College funds compounding. 32:52 – Part of why we create wealth is to pass it to our children. Taking out inheritance plus giving immigrants upper-middle class quality of life from the start, as Socialism suggest, would take out incentives to create wealth. Socialism as the evolution of King-and-Serve model, in the way that somebody else take care of you once you pay the access to the system. 35:30 – Parents that bring their kids to America but want them to maintain their customs of origin. Contingencies buying a house. Having to send the kids to sustain the mortgage payment. Our senses ignore the static, concentrate on changes. 38:45 – Child labor was common 100 years ago. Is it OK to forbid child labor? Imposing modern values to pre-modern societies. China negating climate protocols. What if children work in tech positions at startups? 43:36 – How bad the meat packing industry was in terms of what went into the final product. A list of malpractices in the meat industry. Embalmed meat killing soldiers in Spain. Poisoned bread for rats. Sausages diluted with potato flour. Diluted or doctored food. The bargain of the peasant and hunter-gatherer lifestyle vs modern society. 49:01 – Optimizing food stamps to get the best diet. Why produce are not nutritious any more. Charging crops by weight as a bad incentive to produce nutritious crops. Size difference between wild and domesticated fruit species. Comparing fruits with candies and soda. Coca tea good for altitude sickness. 56:00 – Drugs and gambling becoming ubiquitous in the US. Libertarian trend legalizing gay marriage, suicide, drugs, poker and weed, MDMA. Cocaine and marijuana schedules for trials for medical treatments. Consuming opioids and tobacco in natural form, reducing cancer and other unwanted long term effects. Overdosing sugar. 1:03:18 – Jurgis back to the job market at Packagetown, finds a job in the fertilizers plants. 1:05:27 – Scentbird: monthly subscription for premium perfumes and colognes, delivered at your door in convenient packaging and at incredible rates! Nat's favorite is Blue by Chanel, Neil's using Dolce & Gabbana's Light Blue. Use our code to get 50% off the first month. 1:08:43 – Jurgis passes through jail. Spoiler alert! Jurgis is blacklisted from all jobs and becomes a bum. Parallel between the beef trust and the communications trust. Jurgis finally gets a better job in Downtown. 1:18:09 – When the supply of work is much greater than the demand. Working by the day. Immigrants taking US jobs working in illegal conditions. Unfair systems that can't be fixed by just replacing the pieces at the top. Businesses aren't much penalized, individuals are, when talking about illegal immigrants. 1:24:24 – The Government job to protect citizens. Markets can take care of most of their problems, but sometimes rules are needed. GMOs at Walmart. 1:26:24 – Jurgis loses all his family and becomes a bum, a modern version of the hunter gatherer. Jurgis gets into the underground. Suggestion that the only way to get rich in America is by breaking the law. 1:32:52 – Jurgis gets back in a meat packing business, but in a better position. Finally gets out of Chicago. 1:35:35 – The book slides down into Socialism. Blind political speeches. Distinguishing Socialism from Communism. Free associations and Patreon. Degrees of Libertarianism. Anarchism. Countries not implementing Socialism properly argument. 1:42:17 – Is Socialism impossible because of Human nature? Strong man arguments for and against Socialism. Orwell and Peterson common background at the Socialist Party. Socialism as a satisfying and seductive system for the intellectual part of our brains. 1:46:00 – Top-down beats Bottom-up messy chaos on paper, but the opposite happens in reality. We tend to give more importance to things that can be measured, but that doesn't mean unmeasured things doesn't exists. Argumentative tactics. The miss of a Socialist hero in the plot. The Gig economy. 1:53:14 – Sinclair shows that each individual who is involved in the system is following the incentives they have. Seeing a true need for government. 1:54:08 – Sponsors! Scentbird. Only $7.50 for your first month subscription using our code. Kettle & Fire’s grass fed bone broth to reconstitute your gut health, up to 28% discount plus free shipping using our code. We highly recommend the mushroom chicken and mushroom flavor. Get 20% off for your keto related products on Perfect Keto. Exogenous ketones supplements, and MCT oil to supplement your good fat needs. Drink Four Sigmatic, delicious mushroom coffee. Try their new Golden Latte Mushroom Mix with shitaki and turmeric, and the Chai Latte Mush with turkey tail and reishi. None of these have caffeine, ideal to drink them the whole day. Get 20% off your first order from Cup & Leaf. Try the Cream Earl Grey and the Lopson su chong, the whiskey of black teas. Get the black tea sampler to try all black teas. De-fund Bezos' rocket company by using our Amazon affiliate link. Hit us up on Twitter (Neil, Nat). If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

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38: Who is John Galt? Atlas Shrugged by Ayn Rand

Play Episode Listen Later May 22, 2018 95:10

“If you saw Atlas, the giant who holds the world on his shoulders, if you saw that he stood, blood running down his chest, his knees buckling, his arms trembling but still trying to hold the world aloft with the last of his strength, and the greater his effort the heavier the world bore down on his shoulders—what would you tell him to do?” “I . . . don’t know. What . . . could he do? What would you tell him?” “To shrug.” In this episode of Made You Think, Neil and Nat discuss Atlas Shrugged by Ayn Rand, a piece of philosophy disguised as a novel. Probably the 10th longest book in Latin language, Atlas Shrugged is a controversial, polarizing book that attacks Socialism, references Postmodernism and develops Objectivism, Rand’s philosophical system. So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil? We cover a wide range of topics, including: Money as the root of all evil or source of all good Why academics and politicians see successful businessmen with distrust Wealthy kids arguing for socialism The truth about law (spoiler: you are not obliged to obey it) A 3 hour long discourse Writing sex scenes And much more. Please enjoy, and be sure to grab a copy of Atlas Shrugged by Ayn Rand! If you enjoyed this episode, be sure to check out our episode on Sovereign Individual by James Dale Davidson, a book that foresee how governments will react with new tech, as well as our episodes on Sapiens by Yuval Noah Harari (part 1 & part 2), a book about the power of myths and humans collaborating for a greater outcome. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Ford [11:11] Delta [11:11] American Airlines [11:11] Cup & Leaf – Nat's Tea Project [24:05] Effective Altruism [32:03] CMU [33:09] Tony Robbins on the Tim Ferriss Show [34:22] UBI – Universal Basic Income [35:52] Crypto episode [36:48] Patreon [37:30] Drizly and Minibar [42:56] AirBnB [44:09] Uber [45:32] IRS [46:25] Neil Soni on Nat Chat [55:30] Harari on UBI [56:33] Al-Qaida [1:02:40] ISIS [1:02:40] Amazon [1:05:02] NASA [1:06:16] SpaceX [1:06:16] Boeing [1:05:40] Voldemort Effect [1:15:17] Books mentioned Atlas Shrugged by Ayn Rand Harry Potter [6:49] Sapiens by Yuval Noah Harari [20:47] (Nat’s Notes) (book episode part 1 & part 2) Money Master the Game by Tony Robbins [34:22] Sovereign Individual [36:48] (Nat’s notes) (book episode) Finite and Infinite Games [41:55] (Nat’s Notes) (book episode) Homo Deus by Yuval Harari [42:44] (book episode) The Fountainhead by Ayn Rand [1:17:59] People mentioned Ayn Rand List of Atlas Shrugged characters Francisco d’Anconia Hank Rearden Dagny Taggart John Galt Plato [5:10] Socrates [5:20] Tony Robbins [34:22] Peter Thiel [48:30] Aristotle [50:40] Ron Paul [1:09:23] Nathaniel Brandon [1:17:02] Leonard Peikoff [1:17:45] Simone de Beauvoir [1:21:07] Show Topics 6:55 – The structure of the book is an interwoven of essays spoken by the characters. Re-reading the book may help understand better the concepts. 9:05 - The book starts with a parallel world set in the 50ties, with two kinds of people: the industrious productive ones running big infrastructure businesses of the Nation, and the socialists, government ones (described as parasites). The main plot is that the productive ones start disappearing, and the socialists intervene to try to keep the economy running and avoid collapsing. 13:19 – The idea is that the more one tries to control the economy, the worst it's going to get. The example of limiting book sales to 10k. 15:24 – Introducing the characters of Francisco d'Anconia and Hank Rearden. Money as the root of all evil. Criticism of money made by people that never understood how someone actually makes money. 19:00 – Tangent. Most of the critiques to money as the origin of all evil originates between academics or congressman, people that project their experiences "playing politics" and assume businessmen are filthy rich because of a more aggressive political game. 21:11 – Examples of activities that make money without creating value. High frequency trading, hardcore rent seeking. The money test, or how to know if you are effectively creating value. Feeling guilty when asking money, cutting through bullshit. 25:05 – Counter-argument: money as the source of all good. Money allows us to cooperate. 29:47 – We don't see that many successful people in business arguing for socialism. On the opposite side, we can see many wealthy kids arguing for socialism. Why people in the artistic communities advocate for socialism while earning millions on performances. The different approach to socialism between wealthy kids and kids with scholarships. Forced redistribution may not be sustainable in the long term. 34:22 – Tony Robbins about the ideal amount to tax, so to pay for public services, and not to discourage taxpayers to fly away. Striking a fine balance is even more important when technologies that enable us to avoid taxation are widely available. 38:28 – Hank put on trial by the government. The nature of laws is that they have to be enforced by force. Most people won't voluntarily do what government order them to do unless pointed with a gun. 42:56 – Most people think of laws and rules as things they have to follow, instead of options that have consequences. The idea that a rule is just something that typically advantageous to follow. Startups influencing how new rules for grey areas will be legislated. Why NY regulators don't go after illicit listing on AirBnB. 47:24 – John Galt speech (spoiler alert). Layout of objectivism, Ayn Rand’s main contribution to philosophy, as some sort of adaptation of Aristotelian ethics and metaphysics. In Rand's objectivism there can't be contradictions. Or, going against postmodernism, there is no complete subjectivity. 51:39 – Objectivism: Existence is Identity, Consciousness is Identification. Reality is not going to change if we hide away from it. Meaning of life and meaningful work as the purpose of life. Reason, purpose, self-esteem. 55:00 – Why people is unhappy with their job. Our jobs is where we spend most of our active ours, and if that is not purposeful, it's hard to be satisfied. Corollaries from Sovereign Individual. We are in a time where in response to new technologies, government reacts in a more socialist direction, so the more productive people go somewhere else. The importance of cryptocurrency in this movement vs gold. 59:52 – Logic against postmodernism. Not saying anything, keeping the mouth shut and dying, is the only way to fulfill the argument of objectiveness non-existence. 1:01:43 – The roles of governments. The need of a third-party force as a result of the concept of property. Protection, Roads, Public Parks: how would they work if left to private initiative. Social Security, a legalized Ponzi scheme, works only if enforced. Alternatives to Social Security and who pays for it. 1:11:29 – Tangent. Criticism to Atlas Shrugged as it doesn't convince someone who is convinced of the opposite. University is very liberal biased. It's very tough to get grants to do research that doesn't confirm liberal ideology. 1:13:56 – Outlawing ideas make them more compelling. The case of silencing gender differences. 1:16:43 – Diving into objectivism in School. The contrast of female characters of Ayn Rand books. Sex scenes and description of scenes. 1:22:11 – Tangent. Rand’s sex scenes are more emotional-psychological than physical. Philosophy of love, related to the meaning of life. Love as a sense of achievement. Interpretations of love possession. 1:26:29 – Closing quote. “In the name of the best within you, do not sacrifice this world to those who are its worst. In the name of the values that keep you alive, do not let your vision of man be distorted by the ugly, the cowardly, the mindless in those who have never achieved his title. Do not lose your knowledge that man’s proper estate is an upright posture, an intransigent mind and a step that travels unlimited roads. Do not let your fire go out, spark by irreplaceable spark, in the hopeless swamps of the approximate, the not-quite, the not-yet, the not-at-all. Do not let the hero in your soul perish, in lonely frustration for the life you deserved, but have never been able to reach. Check your road and the nature of your battle. The world you desired can be won, it exists, it is real, it is possible, it’s yours.” 1:27:30 – Sponsors! With Scentbird you select and queue perfumes you want to try, and receive them on a monthly basis. Their cartridge system is very convenient, very discounted and travel-friendly. Use the coupon mentioned in the episode to get 50% off on the first month. Perfect Keto's MCT oil is one of the best fats to keep a ketogenic diet. Their MCT oil powdered version is fantastic to mix in to your coffee drinks, or mushroom coffee. It is much easier than cutting a piece of butter, and it has a creamy texture. For the mushroom coffee, go to Four Sigmatic and get 15% off. Their mushroom coffee energizes you with less caffeine. Kettle & Fire for delicious, organic, grass fed, bone broth, good for getting the micronutrients that it's difficult to get if you don't eat organ meats. You can cook it, drink directly from the carton, or try it with cumin and chili, heat and sip it. It is shelf stable for a really long time. New sponsor! At Cup & Leaf you can find the finest teas reviewed by Nat, with a 20% off! Try the organic Earl Grey cream and milk Oolong, a pretty unique tea. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

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#123 - Finding your Flow with Jesse Elder

Be Real Show

Play Episode Listen Later Mar 21, 2018 34:47

Jesse Elder is a present day successful entrepreneur and business man who started his career in the underground bar fight scene and learned some startling self-mastery lessons along the way. He joins The Be Real Show to share his lessons, his keen insights and authentic views on life, love and business. Connect Twitter – https://twitter.com/mrelder Facebook – https://www.facebook.com/jesseelderlive Linkedin – https://www.linkedin.com/in/jesseelderlive/ Instagram – https://www.instagram.com/jesseelderlive/ Youtube – https://www.youtube.com/channel/UCPvb16WC6acotgF3oeo2Whw Website – https://www.jesseelder.com/ People Mentioned Warren Buffett – https://twitter.com/WarrenBuffett Charlie Munger Elon Musk – https://twitter.com/elonmusk Resources Soundcloud https://soundcloud.com/ Books The Sovereign Individual by James Dale Davidson and William Rees-Mogg: https://goo.gl/yV1mV9 Ask and It Is Given by Esther Hicks and‎ Jerry Hicks: https://goo.gl/S4fPN1

real esther hicks finding your flow jerry hicks it is given jesse elder james dale davidson william rees mogg

28: Bring the Crowbar. Leverage Points: Places to Intervene in a System by Donella Meadows

Play Episode Listen Later Mar 13, 2018 134:40

“Time after time I’ve done an analysis of a company, and I’ve figured out a leverage point — in inventory policy, maybe, or in the relationship between salesforce and productive force, or in personnel policy. Then I’ve gone to the company and discovered that there’s already a lot of attention to that point. Everyone is trying very hard to push it in the wrong direction!” In this episode of Made You Think, Neil and I discuss Leverage Points: Places to Intervene in a System by Donella Meadows. In this article, Meadows goes through her twelve “leverage points” in which you can affect change in your company or any complex system, from least to most effective. “Magical leverage points are not easily accessible, even if we know where they are and which direction to push on them. There are no cheap tickets to mastery. You have to work hard at it, whether that means rigorously analyzing a system or rigorously casting off your own paradigms and throwing yourself into the humility of Not Knowing. In the end, it seems that mastery has less to do with pushing leverage points than it does with strategically, profoundly, madly letting go.” We cover a wide range of topics, including: All of Meadow’s 12 Leverage Points Positive and negative feedback loops The NRA and gun control How individuals can change the system in small and big ways Brexit and the Eurozone The paradigms that shape our thinking And much more. If you enjoyed this episode, be sure to check out our episode on The Goal by Eliyahu M. Goldratt for its meta-theory of business, and our episode on Finite and Infinite Games by James Carse, about how employers and employees can create, change, and play in systems. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show: The Titanic [10:43] Paleolithic diet [12:40] Ketogenic diet [12:40] The Bike-Shed Effect [14:17] Evernote [23:20] Rule of 3 and 10 [23:19] American Eagle [25:15] Zara [25:35] Cryptocurrency [30:15] Apple Inc. [35:00] The Big Mike – Banana Species [39:00] Slippery Slope Argument [41:47] Veil of Ignorance [42:00] The Selfish Gene Hypothesis [47:25] Intuit [54:00] 9-9-9 Plan [54:20] TurboTax [55:40] QuickBooks [55:40] The Florida Shooting [01:05:15] National Rifle Association — NRA [01:05:20] Net Neutrality [01:05:30] The Riddle of the Gun by Sam Harris [01:09:15] Game Theory [01:09:55] The Daily Wire [01:14:13] The Ben Shapiro Show – Podcast [1:14:13] Justworks [01:24:00] MomTrusted.com [01:24:47] AirBnB [01:35:50] Uber [01:35:50] Scott Galloway Says Amazon, Apple, Facebook, And Google should be broken up [1:39:22] Socialists of New York [1:53:59] Flatgeologists [02:01:50] Books mentioned: The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt and Jeff Cox [2:57] (Nat’s notes) (book episode) The Way of Zen by Alan Watts [3:00] (Nat’s notes) (Neil’s notes) (book episode) Finite and Infinite Games by James C. Carse [04:31] (Nat’s Notes) (book episode) Gödel, Escher, Bach: An Eternal Golden Braid by Douglas R. Hofstadter [07:36] (Nat’s notes) (book episode) Into the Cool: Energy Flow, Thermodynamics, and Life by Eric D. Schneider and Dorion Sagan [07:23] The Black Swan: The Impact of the Highly Improbable by Nassim Taleb [16:49] Antifragile: Things That Gain from Disorder by Nassim Taleb [16:49] (Nat’s notes) (book episode) 12 Rules for Life: An Antidote to Chaos by Dr. Jordan B. Peterson [23:59] (Nat’s notes) (Neil’s notes) (book episode) Banana: The Fate of the Fruit That Changed the World by Dan Koeppel [39:25] Merchants of Doubt: by Naomi Oreskes and Erik M. Conway [40:29] (Nat’s notes) (book episode) Hiroshima Diary: The Journal of a Japanese Physician by Michihiko Hachiya [01:04:30] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson and William Rees-Mogg [01:47:50] (Nat’s notes) (book episode) Sapiens: A Brief History of Humankind by Yuval Noah Harari [01 :49:24] (Nat’s notes) The Structure of Scientific Revolutions by Thomas Kuhn [02:01:07] Darwin’s Dangerous Idea by Daniel Dennett [02:02:00] (Nat’s notes) (book episode) People mentioned: Donella Meadows Elon Musk [3:10] (on this podcast) Bill Clinton [11:23] George H.W. Bush [11:23] Jordan B. Peterson [47:26] (on this podcast) Herman Cain [54:20] Emperor Hirohito [01:04:50] Ben Shapiro [01:14:04] Donald Trump [01:23:05] Adolf Hitler [01:43:23] Margaret Thatcher [01:44:40] Joe Rogan [01:48:23] Thomas Kuhn [02:00:35] Show Topics 02:01 — Meadows is a corporate consultant, who helps companies increase productivity through what she calls “leverage points”. Her focus is on companies, but it really could be applied to any system. Even the podcast itself! 3:17 — How people try to change complex systems by focusing on the wrong parts, or intervening in the right parts, but in the wrong ways. Meadows’ list of ways in which you can intervene from least to most effective. 6:53 — Each intervention point makes sense in connection to the others. Looking at them in simpler system helps understand their role in complex systems. The bathtub analogy. 10:30 — The 12th point: Constants, parameters, numbers. A person occupying a role doesn’t have as much leverage as the role itself. It’s easier to change small parameters than it is to change a broader picture. Eg.: changing the soda you drink instead of changing your whole diet. The Bike-Shed effect. 16:00 — The 11th point: The sizes of buffers and other stabilizing stocks, relative to their flows. The check account metaphor; the amount of money that’s usually left in your account, doesn’t come in or out. That’s your buffer, and can be changed. The size of your buffer can really affect your system. It can increase your security, but also liability. Tradeoff between creativity and redundancy. 20:41 — The 10th point: The structure of material stocks and flows (such as transport networks, population age structures). This rule is harder to immediately apply to the business case. The pipes metaphor; it’s sometimes necessary to set up a system entirely from scratch, or rebuild it, because it’s almost impossible to reach your goals with what’s already present. The rule of 3 and 10. 24:05 — The 9th point: The lengths of delays, relative to the rate of system change. The importance of consumer feedback. Systems with long loops of feedback, such as politics, have trouble self-regulating. At the same time, when there’s lots of immediate feedback, you risk overshooting. 35:08 — The 8th point: The strength of negative feedback loops (...). A negative feedback loop means a system that can turn itself off, such as a thermostat, which’ll stop working once the room reaches the desired temperature. It’s important to have a failsafe that’ll intervene on the event of a worst-case scenario, even if it’s rarely necessary. You can very easily miss the long-term effect of actions that don’t affect the short-term, such like monocultures (the or overworking yourself. 41:00 — Fake news. Ways you could keep fake news from spreading, and how that could slide into censorship. Social media and censorship. The ultimate goal of any company is always to make money. 48:21 — The 7th point: The gain around driving positive feedback loops. Positive feedback loops feed and grow on themselves (the more people have the flu, the faster it’ll spread), but a system with an unchecked positive feedback loop will destroy itself. At some point, a negative feedback loop must kick in, such as what’s happened with the birth rate in western countries. 51:07 — Poverty and wealth as functions of positive and negative feedback loops. Ways you could effectively lessen poverty. Taxing laws and lobbying. 56:00 — Tangent about payment methods. 58:00 — Adjusting positive feedback loops depends on the ultimate goal of the system. How to use commissions as incentives. 01:01:29 — The 6th point: The structure of information flows (who does and does not have access to information). Access to information, and how it affects people’s and company’s behaviors, and creates accountability. 01:05:01 — Accountability in the age of the internet. The NRA and gun control. The NRA as a symptom of America’s pro-gun mentality, not the source of the issue. 01:10:28 — Arguments for both sides of the gun control debate. Initiatives to lessen the instant fame acquired by mass shooters. Comparing different country’s policies without thought to the countries’ different situations. 01:17:12 — Misinformation on the topic of guns in the public and in media: what guns are actually available to the public, which models were used in mass shootings. 01:21:00 — Clickbait. McDonalds’ fries and baldness. 01:22:43 — The 5th point: The rules of the system. The rules of a system are more influential than the people who must play by the rules. Being both an employee and a boss. Benefits and health plans for employees, and how to attract and retain talent. 01:29:18 — The rules of a system can work as incentives and disincentives. 01:30:19 — The 4th point: The power to add, change, evolve, or self-organize system structure. The level to which people can change the system. Utilizing platforms in ways the creators had not originally intended. Unexpected behaviors from children and puppies. 01:33:33 — Religion and superstition. Bottom-up and top-down systems of power. 01:35:15 — Uber, AirBnB, free market and diversity in the market. 01:37:23 — The 3rd point: The goals of the system. The highest level related to the system itself: its ultimate goal. The goal of keeping the market competitive must trump the goal of each company to accumulate profit. Companies that have little to no competition at this point. 01:41:51 — Changing one player in the system doesn’t affect much, except when one individual player can drastically change the goals of the system. Trump, the Conservative Party and Russia. 01:44:20 — Brexit, the UK’s economy, and the Eurozone. City-states and how do you decide the borders of a country. 01:48:36 — The 2nd point: The mindset or paradigm out of which the system — its goals, structure, rules, delays, parameters — arises. The mindset from which the system’s goals come from. Shared mythology and cultural paradigms in today’s society. Digital goods vs physical goods. Shared paradigms as a basis for cooperation and shared goals. 01:58:41 — The 1st point: The power to transcend paradigms. Ever-changing paradigms; your paradigms, as well as scientific paradigms, will keep changing. Not one holds all the truth. 02:05:30 — Wrap-up and sponsor time!. Perfecto Keto is perfect if you’d like to pursue a ketogenic diet! Their matcha MCT oil powder is highly recommended. Kettle & Fire will give you 20% OFF on their delicious bone broths — beef recommended for cooking, and chicken for a good, hot wintery drink! Four Sigmatic: get your mushroom coffee or your hot chocolate, all 15% OFF through our sponsored link. And you can always support us by going through our Amazon sponsored link and checking out our Support page. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com

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22: Is a Revolution Brewing? Revolt of the Masses by Jose Ortega y Gasset

Financial Quarterback Josh Jalinski

Play Episode Listen Later Jan 31, 2018 86:49

“We live at a time when man believes himself fabulously capable of creation, but he does not know what to create. Lord of all things, he is not lord of himself. He feels lost amid his own abundance. With more means at his disposal, more knowledge, more technique than ever, it turns out that the world today goes the same way as the worst of worlds that have been: it simply drifts”. In this episode of Made You Think, Neil and I discuss Revolt of the Masses by José Ortega y Gasset. In this pre-WWII collection of essays Ortega y Gasset critiques and predicts the rise and predominance of the "Mass-man" class and instigates us to be accountable of our destiny. “The select man is not the petulant person who thinks himself superior to the rest, but the man who demands more of himself than the rest, even though he may not fulfill in his person those higher exigencies”. We cover a wide range of topics, including: The profile of a Mass-man, its differences with the Noble-man, and how to avoid being mediocre. Liberalism concepts today and in the past. When to listen to others opinions and when not. Behaviour within and between groups. About being responsible of our destiny and having the will to build our self future. Perceptions and regulation viewed by different sides and generations. And much more. Please enjoy, and be sure to grab a copy of Revolt of the Masses! You can also listen on Google Play Music, SoundCloud, YouTube, or in any other podcasting app by searching "Made You Think." If you enjoyed this episode, be sure to check out our episode on the Sovereign Individual by James Dale Davidson, to learn how modern technologies can help you be in control of your own future, as well as our episode on Finite and Infinite Games by James P. Carse, to improve your life with new perspectives. Links from the Episode Mentioned in the show: Slack [22:45] Jordan Petersen Podcast [26:05] Violence and the Sacred: College as an incubator of Girardian terror – article by Dan Wang [33:51] Game of Thrones [34:37] The meaning of life in a world without work – article by Yuval Noah Harari [37:59] Zeecash [44:22] Tylenol [45:20] Coinbase [46:24] Binance [46:37] Tron Whitepaper [48:35] A Crash Course In Bitcoin, Ethereum, and Cryptocurrency [48:57] Blockfolio [48:57] Recap Time! Our Favorite Lessons from Episodes 1-20 [51:13] How to Think Like Elon Musk [56:23] Level 3 Thinking: A Unified Theory of Self-Improvement [56:35] Nat’s tweet on 4 levels of thinking [56:35] LifeHacker.com [59:15] Huffington Post [59:15] The Age of Unreason – The Economist (not The Atlantic) [1:02:27] Amazon [1:10:57] Books mentioned: Revolt of the Masses [0:00] The Sovereign Individual [1:11] (Nat’s Notes) (book episode) Finite and Infinite Games [1:16] (Nat’s Notes) (book episode) Mastery [3:35] (Nat’s Notes) (book episode) Antifragile [3:43] (Nat’s Notes) (book episode) Emergency [9:03] (Nat’s Notes) (book episode) The Rational Optimist by Matt Ridley [23:21] Darwin's Dangerous Idea [23:25] The Selfish Gene [30:16] The Denial of Death [30:16] (Nat’s Notes) (book episode) The Psychology of Human Misjudgments [30:16] (book episode) I Will Teach You To Be Rich [59:38] (Nat’s Notes) The 4-Hour Workweek [59:38] (Nat’s Notes) Principles [59:38] (Nat’s Notes) (book episode) Letters from a Stoic [59:38] (Nat’s Notes) (book episode) Influence [1:00:44] (book episode) People mentioned: Pepper the Poochon [0:26] Nassim Nicholas Taleb [1:55] (Antifragile episode) Karl Marx [8:11] Socialists of New York City [9:11] Jordan Peterson [9:36] Adolf Hitler [11:10] Milton Friedman [14:55] Hillary Clinton [15:14] Gary Johnson [15:28] Tim Ferriss [17:17] John D. Rockefeller [22:12] Elon Musk [25:27] (on this podcast) Charlie Munger [30:16] Dan Wang [33:51] Yuval Noah Harari [37:59] Barack Obama [53:47] Ashton Kutcher [1:01:00] Channing Tatum [1:01:13] Ray Dalio [1:03:16] (on this podcast) Winston Churchill [1:18:08] Show Topics 0:00 – “We live at a time when man believes himself fabulously capable of creation, but he does not know what to create. Lord of all things, he is not lord of himself. He feels lost amid his own abundance. With more means at his disposal, more knowledge, more technique than ever, it turns out that the world today goes the same way as the worst of worlds that have been: it simply drifts.” 0:26 – Welcome to Pepper, the third show host! 0:59 – Intro to Revolt of the Masses (Spanish: La rebelión de las masas), a book written by José Ortega y Gasset. 1:05 – Similarities of Revolt of the Masses with The Sovereign Individual and Finite and Infinite Games. Mention of "Horizonal Thinking" in one of the essays. Introduction of terms used by Ortega, the Mass Man, one who thinks deserve things, vs the Elite/Noble Man, one who thinks about improving himself. 3:16 – Organization of the book in unordered essays instead of chapters. 3:50 – Why Ortega got many predictions right, but may have missed many others by publishing this book before WWII and the Cold War. For example, he didn't expect the US to become a super-power. "The US had the seeds to be great". 5:04 – Tangent. About the difficulty to translate from romance languages to English. Translators vs interpreters. Socially acceptable traits in some countries and not others. 7:06 – Details on the situation of Europe at the time of publishing the book. Europeans worry about spreading of Russian Communism. Socialism in China. 9:11 – Tangent. Socialists of NYC. Perceptions: Nazism vs Socialism as counter-culture; fraud and violence vs crimes of omission and neglect. "It wouldn't be that bad if other people were in charge" argument. Vegans about killing lionfishes example. Jainism (indian religion). 14:14 – Political views of Ortega. Liberalism concepts today and in the past, interpretations and misinterpretations. Free markets and protectionism example. 16:31 – Tangent. New tax to "punish" liberal states. Moving to Texas for tax purposes. Buying an apartment may be cheaper than paying taxes in NY. Zero income tax. San Francisco diaspora. 20:24 – Essay. Distinguishing the Mass man vs the "Select"/Aspirational man. "The select man is not the petulant person who thinks himself superior to the rest, but the man who demands more of himself than the rest, even though he may not fulfil in his person those higher exigencies". Being elite as mindset vs being rich. Access to resources today compared to the past. 25:15 – Tangent. The rise of general quality of life in the last century was due to fossil fuel driven. Humans as the cancer of this planet. Broad philosophy vs personal action. 27:37 – Conformity. Groups of people against others. Fear of strangers. Nature preserve in Costa Rica for dogs. 31:55 – Essay. Masses have more than they ever had, and appreciate less and less. Upward mobility viewed by different people. "Poor people are lazy" argument. Girardian Terror concept. Selection bias and Game of Thrones. Conflicts within casts vs between casts, in India. 37:13 – "The sovereignty of the unqualified individual, of the generic human being as such, generically, has now passed from being a juridical idea or ideal to be a psychological state inherent in the average man. And note this, that when what was before an ideal becomes an ingredient of reality it inevitably ceases to be an ideal". Critique of the Mass person as a human that is not striving. The "Useless" Class. 38:34 – Tangent. Going back to the serves-and-lord state. 39:10 – The meaning of life in a world without work. Living in Virtual Reality, and Religion as VR. Artificial Intelligence and the need of Basic Universal Income. 41:15 – City states as the economic hubs of the future. Singapore and Hong Kong, San Francisco and New York. Importing beer in Hong Kong and in the US. Moving away from regulation because "nobody cares" and generational approaches to law. 45:41 – How regulation scares bitcoin price. About bitcoin wallets reporting to the IRS. How bitcoin relates to some many other topics: nation-states, business, currencies, politics, finance, politics, geography, cryptography, computer science, philosophy, etc. 51:45 – "The Mass-man is he whose life lacks projects and just drifts along. As a result, though his possibilities and his powers be enormous, he constructs nothing". Having the ability and motivation to improve thanks to today's technology. How today's responsibility falls on the individual. Parents wanting their kids to be better off. Sending kids to private school while criticizing public school. Minorities. 55:33 – Essay. Why the masses intervene in everything and why their intervention is solely by violence. Why people are wrong when they believe they can have an opinion now. Level 3 thinking. 58:30 – Tangent. Blog posts with Top X types titles. 1:00:07 – Celebrities endorsing political candidates and the liking fallacy. When to listen to others opinions. Steps to the Revolt. How people think they are entitled to be listened to. Syndicalism and Fascism. "Under the species of Syndicalism and Fascism there appears for the first time in Europe a type of man who does not want to give reasons or to be right, but simply shows himself resolved to impose his opinions. This is the new thing: the right not to be reasonable, the "reason of unreason"." 1:04:14 – How the majority does not eliminate the minority. When to respect others’ beliefs. The cake neglected to the gay couple example. Problems that may better be solved by the market. 1:09:15 – Essay. The age of the self-satisfied Dandy. On having rewards that we haven't necessarily gained. Anxiety from feeling entitled to move upward. 1:12:50 – Essay. The Barbarism of Specialization. Problems of overspecialization. Link with Antifragile. 1:14:06 – Essay. The Greatest Danger: The State. How the state could be used to make people conform. Support of regulation and support of police. 1:15:47 – Essay. Who Actually Commands. How governments rule with the compliance of the masses. Why elections should reflect the opinion of the masses, and why the gerrymandering is fragile. The problem with Democracy. About the quality of the legislative chambers. 1:20:29 – Closing thoughts. Be a vital person, be involved with the world, try to do projects, don't get sucked into the masses. 1:20:46 – People that makes this show happen: Kettle and Fire (their bone broth is good for dogs too!), Perfect Keto (reach ketosis effortless), Four Sygmatic Coffee (delicious mushroom coffee, pre-workout hot cocoa mixes). You can support us too, as most have done prepping for the NY snow storm through the Amazon affiliate link. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com “The select man is not the petulant person who thinks himself superior to the rest, but the man who demands more of himself than the rest, even though he may not fulfill in his person those higher exigencies”.

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Host Josh Jalinski Talks to Guest James Dale Davidson, Author of The Breaking Point:Profit from the Coming Money Cataclysm

Play Episode Listen Later Dec 2, 2017 109:06

money profit breaking point cataclysm james dale davidson

Self-Sovereignty: A Journey for the Strong of Heart

Free Your Inner Guru

Play Episode Listen Later Nov 26, 2017 23:27

The core of the self-sovereignty journey is a shift in how you see the world. Becoming self-sovereign doesn’t mean you have to buy an island and set up your own republic. You are the republic and its authority. Claiming your authority means becoming sovereign in your consciousness, and not going along with things - including your own thoughts -that are harmful to you. The process of reclaiming your personal power and becoming self-determined is for the strong of heart. It requires stripping everything away, right down to your core. In this podcast, we explore: the relationship between self control, locus of control and happiness how to reclaim your personal power by taking responsibility the good, the bad and the ugly of personal responsibility discernment as the key to self-sovereignty causes of disconnection from your inner wisdom how to reconnect with your inner guru I know you’re probably listening to this podcast on the go, so what I’ve done is create the Free Your Inner Guru Guidebook, a free downloadable which will help you apply everything I’m sharing with you in a practical way. The guidebook includes a • A 9 step process to Define Your Why • 2 ways to identify where you're giving your energy away • 2 tools to reclaim your power • 5 ways you can connect to your inner guru • An action plan so you can apply your wisdom Before you forget, go ahead and get your downloadable at lauratucker.com/guidebook Mentioned in this episode: Download your Free Your Inner Guru Guidebook - Click here Study “The relationship between happiness, self-control and locus of control” Ramezani and Gholtash (2015) - Click here Book The Sovereign Individual by William Rees-Mogg and James Dale Davidson on Amazon.com and Amazon.ca Articles on rising levels of depression and suicide in teens Business Insider - The Number of Depressed Teens is Soaring and all Signs Point to the Smartphone - click here New York Times - How Evil is Technology? click here Support the #FYIGpodcast and join the Free Your Inner Guru™ Tribe at support.freeyourinnerguru.com ------------- The post Self Sovereignty: A Journey for the Strong of Heart first appeared on Free Your Inner Guru.

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5: The Death of Nation-States and Radical Self-Ownership: The Sovereign Individual