We host Rodolfo Novak, founder of Coinkite, to talk bitcoin hardware and storage solutions. We discuss the history of Coinkite, and how they evolved over time from a software to a hardware company, the success of the OpenDime as a bitcoin bearer asset, the Coldcard hardware wallet, and their upcoming advanced device Q1. What are the trade-offs and risks of various storage solutions, and what should you look out for?Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthc...

Can a libertarian or anarchist support the state of Israel? In this debate, Austrian economist Walter Block argues the affirmative and makes the case for why Israel is a force for liberty, while Saifedean argues political Zionism is the socialist central planning of land ownership, and is not possible without the violation of the property of Palestinians.ReferencesPalestineRemembered.comIsraeli soldiers recount Tantoura massacre: https://www.youtube.com/watch?v=MQ1TAOibLssIsraeli settler stealing Palestinian home: https://www.youtube.com/watch?v=KNqozQ8uaV8Enjoyed this episode? You can take part in podcast...

Saifedean sits down with the Meat Mafia guys to discuss fiat food, the benefits of eating meat, why the destruction of money leads to the destruction of food, and how bitcoin fixing money fixes food!Referencessaifedean.com/meatsaifedean.com/fiatfood9. Bitstein on Bitcoin, Meat, and Arctic Carnivore Diets40. Dr. Shawn Baker on Meat, Fiat Foods, and Bitcoin127. Why We Get Sick with Dr Benjamin Bikman135. Cholesterol Con with Malcolm KendrickEnjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and re...

We are joined by Ray Youssef, the founder of one of the world's biggest peer-to-peer bitcoin markets, Paxful. We discuss his entrepreneurial history, what drew him to bitcoin, and how Paxful has grown in the developing world. We also discuss Ray's views on economic development in Africa in general and Egypt and Nigeria in particular, what policies can end poverty, how bitcoin helps, and why Paxful delists centralized shitcoin scams.Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthc...

Can law, order, and defense be provided on the market? Why can't they be normal goods? We are joined by economist Edward Stringham to discuss his fascinating work on free market anarchism and private governance. Stringham examines the economic of government from an Austrian perspective, and clearly shows how the world is increasingly relying on private voluntary legal and defense services rather than inefficient monopolies. We also apply these ideas to examine the concept of public health, and Stringham's work at the American Institute for Economic Research on the Great Barrington Declaration.ReferencesBook...

How much of the fiat food science taught in your universities is just agribusiness marketing PR? To find out, we host former big food marketing consultant Calley Means to discuss his experience with manufacturing fiat science for industrial junk food sales!ReferencesDr. Fatima Cody Stanford appointed to DGA committee - https://twitter.com/DoctorTro/status/1617344477332373506 New government funded food-pyramid says lucky charms are healthier than steak - https://www.goodranchers.com/blog/new-government-funded-foodpyramid-says-lucky-charms-are-healthier-than-steakFredrick J. Stare wiki - https://en.wikipedia.org/wiki/Fredrick_J._Stare Carnivore diet references - https://justmeat.co/ Shawn Bak...

Alex Gladstein joins us to discuss the destructive influence of the World Bank and IMF on the development of poor countries, and how fiat facilitates their operation, a topic discussed extensively in Saifedean's book, The Fiat Standard. With an infinite fiat credit line from the Federal Reserve, the "misery industry" is always looking for an excuse to get countries indebted, and the results have been catastrophic for the world's poor, but highly lucrative for fiat banking cartels.Resources (All links available on saifedean.com/podcast/155-imf-world-bank-misery-industry-with-alex-gladstein)Alex Gladstein's article: Structural Adjustment: How the IMF...

Eminent historian Niall Ferguson joins us to discuss the history of fiat money, its relation to war, its development over the past century and the prospects for bitcoin. Why did Britain join World War I, and was it a wise choice? How eager were the British to join war? We debate whether it was the gold standard, or the suspension of the gold standard, that prevented recovery post-WWI and laid the foundation for World War II. And we discuss Professor Ferguson's views of bitcoin and its future prospects.Resources Article: Bitcoin winning the covid-19 m...

After three years of hyperinflation, is there light at the end of the tunnel for Lebanon? The currency has lost more than 97% of its value, the largest bill is worth $1.5, the real economy is de facto dollarized, and only those dependent on government are having to suffer from hyperinflation. Fiat is dead and there are are no IMF bail-outs or natural resource revenues to get the ponzi going again. Is the death of fiat suffocating the parasite class and freeing the rest of society from having to finance them? Enjoyed this episode? You can take part in...

We are joined by Jonathan Chester, the founder and CEO of Bitwage, a bitcoin payroll company which allows you to get paid in bitcoin no matter who is paying you, and allows companies to set up bitcoin payrolls for their workers. We discuss the genesis of the company in 2014, how it grew through bitcoin bear and bull markets, what its future plans are, and how Jonathan sees the development of the industry over the years. Resources (All links available on saifedean.com/podcast/152-bitwage-with-jonathan-chester)BitwageBitwage Twitter Jonathan Chester's Twitter and LinkedInEnjoyed this ep...

What is "ESG" and why is it such a dangerous scam? We are joined by Vivek Ramaswamy, an entrepreneur in the healthcare and technology sectors and bestselling author of Woke, Inc: Inside Corporate America's Social Justice Scam, as well as Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence. Vivek explains why ESG is more dangerous than silly corporate virtue-signaling, and what its long-term economic, social, and political implications are. We also delve into a deep discussion of the role monetary policy plays in corporate corruption, and whether bitcoin can fix this. Vivek...

Sam Apple joins us to discuss his fascinating book 'Ravenous: Otto Warburg, the Nazis, and the Search for the Cancer-Diet Connection'. We discuss the connection between diet and cancer, and the Warburg Effect, which states that cancer cells thrive on dietary glucose, and why Sam thinks it's not entirely accurate because it ignores the role of insulin resistance. We also discuss Hitler's fascination with cancer research, which allowed Warburg to survive the Nazi era even though he was Jewish and gay, and Hitler's infamous addiction to sugar. We further discuss why this enormously important work has been ignored in...

Is humanity running out of resources, or are resources more abundant than ever? Gale Pooley is the co-author of Superabdundance, a fascinating and optimistic exploration of how economic progress has made life better for humanity. He joins us to explain why goods continue to become more abundant, why fears of overpopulation and resource depletion continue to be refuted forcefully by reality, and why human time keeps getting more valuable. We discuss the work of one of our favorite economists, Julian Simon, and how he brilliantly refuted the common view of resource scarcity, and reframed scarcity as the scarcity of...

This episode contains most of the final lecture of The Fiat Standard online course, which just concluded, based on the last chapter of The Fiat Standard. After having studied the bitcoin and fiat monetary systems extensively in The Bitcoin Standard and The Fiat Standard, Saifedean analyzes how bitcoin can continue to rise in a fiat world. Can central banks adopt bitcoin? Will bitcoin lead to hyperinflation? Or will bitcoin be an orderly upgrade and debt jubilee, allowing us to unwind fiat painlessly as it devalues everyone's debts? Will bitcoin speculative attacks carry the day? And how do central bank...

We are rejoined by Nik Bhatia, author of Layered Money, to get his perspective on the bond market, the global economy, and bitcoin. Why did bonds have their worst year ever? Why is Nik convinced a recession is looming? How does he see the bond market developing in the medium and long term? Will bonds recover and yields fall? Will we see negative bond yields? Is there still more road for the Fed to can unto, or are we really at the end of the road?Resources (All links available on saifedean.com/podcast/147-bond-markets-with-nik-bhatia)

James Lavish CFA has decades of experience in institutional investing and risk management, and he joins us to give us his perspective on global bond markets, their recent developments and where he sees them going forward. He explains his bleak outlook for government bonds in the long run, and why continues inflation is a very likely outcome. He explains his view on why a debt spiral is likely and what it means for bond-holders and governments. James also gives us his perspective on the global foreign exchange market and where national currencies are headed. References ...

Bitcoin Magazine market analyst Dylan Leclair joins us for an in-depth discussion of the many ponzi schemes and failed financial institutions of our times, and how he identified the problems with them in his prescient writings. Dylan discusses the many red flags and structural problems with Luna/UST, Three Arrows Capital, Celsius, Blockfi, FTX, and Genesis, and why so many people refuse to see the warning signs and seem to want to fall victim for anything that offers them the holy grail of “yield.” We conclude with Dylan’s view on the bond market, why he successfully predicted the recent...

Crowdhealth CEO Andy Schoonover joins us for a wide-ranging discussion of the failures of fiat healthcare and health insurance, and how his new startup Crowdhealth, works to solve them. Andy explains the institutional and regulatory reasons that make healthcare costs continue to rise, and why insurance companies have the perverse incentive to let costs rise. He also explains how Crowdhealth uses bitcoin to make healthcare affordable for patients and better rewarding for doctors by taking the insurance companies out of the equation.References (All links available on saifedean.com/podcast/144-fiat-healthcare-crowdhealth-with-andy-schoonover)Saifedean’s first bo...

Rowais Hanna operates Coinbits' Twitter account, and has used it to publish fascinating in-depth investigations into the common myths of modern macroeconomics. He joins us to discuss the Consumer Price Index, how it is calculated, and the endless justifications used to adjust it. We also discuss the mythical origins of the 2% inflation target, and the trade-off between unemployment and inflation, and why supposedly empirical economists refuse to ever admit it is invalid. Rowais also discusses why he views bitcoin as the only way out of this mess, and how Coinbits helps onboard newcomers to bitcoin in a smooth and...

Why are so many bitcoin miners going bankrupt? We discuss the economics of bitcoin mining, how the difficulty adjustment works, why it makes bitcoin mining a zero sum game, and why it ensures bitcoin is optimized for the saver, not for the miner. Plus, what are the things you need to keep in mind if you are considering getting into mining? Resources (All links available on saifedean.com/podcast/142-why-bitcoin-miners-get-rekt)Saifedean’s first book, The Bitcoin StandardSaifedean’s second book, The Fiat StandardEnjoyed this episode? You can take part in podcast seminars, acces...

Join us as we take a close look at the amazing series of events in a week in which FTX went from being one of the biggest crypto exchanges in the world, to being exposed as a fraudulent ponzi scheme, and its founder went from being a globally acclaimed & highly politically influential successful genius entrepreneur and philanthropist to a reviled con artist, who lost his investors & clients billions of dollars. What lessons can we learn from this episode about bitcoin, sh*tcoins, DeFi, and exchanges?Resources (All links available on saifedean.com/podcast/141-ftx-beyond-ponzi)...

Richard Lindzen is professor of Meteorology at the Massachusetts Institute of Technology, and he joins us to offer his scientific expertise on climate alarmism. He discusses how his background in physics and meteorology leads him to conclude that the alarmism around climate is unjustified, and we discuss how institutional and financial reasons have made fiat scientists so keen to promote an agenda of fear and panic. We discuss the problems with the academic publication industry, as well as Professor Lindzen’s experience as a lead author with the Intergovernmental Panel on Climate Change, and where that led him. He al...

Alex Epstein joins us again to discuss his excellent new book, Fossil Future, which makes a powerful case for why fossil fuels are essential for human flourishing, and why restricting them is the real crisis facing humanity. Alex explains how overhyped the supposed ‘alternatives’ to fossil fuels are, and how fossil fuels remain completely essential for our modern standards of living, and why their use is constantly growing. Why do fossil fuels represent the only realistic alternative to poverty and early death for everyone on earth? Why do carbonhysterics only focus on the supposed negative impacts of fossil fuels, but...

Princeton Professor Emeritus in Physics, William Happer, joins us to discuss the impact of CO2 on the Earth's climate and the state of modern science. What is the scientific evidence on the relationship between CO2 and Earth's climate? Does CO2 drive the Earth's temperature, or does temperature drive CO2? What does the fossil record tell us about the state of the world's climate in the past? Is current warming unprecedented? Why don't scientists study the evidence of prehistoric forests in the Arctic, and what it implies for historical temperatures? Why is there little focus on the enormous benefits...

What on earth is going on in Europe and how did things get so bad? In this seminar, we discuss the double calamity of skyrocketing energy costs and plummeting pensions and currencies. While high time preference fiat media obsesses over the latest scapegoats, we look into the long-term drivers of these two problems: Decades of green hysteria leading to dismantling of reliable power sources & underinvestment in reliable power generation. And decades of Keynesian dogma convincing the people whose pensions are being destroyed their government can pay for everything at no cost. Does the UK really need to spend 10% of...

Niko Laamanen, founder of Konsensus Network, joins us to discuss bitcoin publishing and his company's decentralized “starfish” organizational model. He explains how reading The Bitcoin Standard led him to found the world’s first bitcoin-only publishing house and how he harnessed an international network of volunteers to publish over 40 bitcoin titles in ten languages. He and Saifedean also discuss Niko’s journey with Austrian Economics, the importance of hodling bitcoin and work being done to support bitcoin adoption in Madeira.ReferencesNiko on Twitter.Konsensus Network on Twitter.Konsensus Network blog.The Bitcoin Whitepaper.See Kons...

Does high cholesterol really cause heart disease? Is there such as thing as “good” and “bad” cholesterol? What impact do statins – the most profitable drug in the history of medicine – have on human health? In this episode, Dr Malcolm Kendrick, author of The Great Cholesterol Con and The Clot Thickens, joins us to challenge the conventional wisdom on cholesterol. He shares his view on the diet-heart hypothesis, his intriguing alternative explanation for heart disease, and what he recommends to maintain a healthy heart. We also discuss how and why fiat medicine and economics have many “endlessly adaptable hypotheses" that refuse to die...

What is praxeology and why does it matter? In this episode, Conza, chairman of the Libertarian Party of Australia, joins us to discuss the theoretical foundations of economics. He explains why praxeology – the science of human action – provides the value-free framework needed to reason about economic questions, and how its method differs from that of physical sciences such as biology. He and Saifedean discuss how praxeology can be used to analyse topics such as minimum wage, inflation and pandemics, and why the contrasting methods used by quantitative macroeconomists are flawed. They also defend Hoppe's argumentation ethics: a proof that argu...

Wall Street veteran and founder of Custodia Bank Caitlin Long joins us to discuss bitcoin banks, leverage and the macroeconomy. She explains how new “dollar and digital asset banks” like Custodia Bank are helping to bridge the gap between bitcoin and the US dollar, and why she has chosen to seek regulation rather than bypass it. She and Saifedean discuss financial leverage, its impact on bitcoin’s price and why people should be wary of companies promising risk-free yield on bitcoin. The conversation also covers recent developments in financial markets, including rising bond yields and the fall in the Britis...

Mikkel Thorup, founder and CEO of Expat Money, joins us to make the case for becoming an expat. He discusses why people should consider moving their life offshore, which jurisdictions are most appealing and strategies listeners can pursue to mitigate tax obligations. Mikkel shares practical tips on finding quality healthcare, educating children, travelling comfortably and managing international finances. He also outlines his views on flag theory, the importance of geographical diversity in investment and the libertarian values that motivate him.ResourcesSaifedean’s viral tweet on "free" healthcare in Canada.Website of Mikkel’s Expa...

How have Russians dealt with being getting kicked off the fiat dollar network? We are joined by Russian economist and investment advisor Lana Nagornaia to discuss the monetary ramifications of US sanctions from a Russian perspective. Why has the rouble risen versus the dollar in spite of sanctions? Can this be expected to last, or will it reverse? What alternatives are Russians using for trading with the rest of the world? Will Russia switch to a gold standard? Can it trade gold internationally while sanctioned by the global gold market? Can a Chinese-Russian fiat alternative to the dollar succeed...

In this seminar, Saifedean discusses ideas for potential chapters he considered for, but did not end up including in The Fiat Standard. The analytical framework of the book, examining the impact of fiat money through the destruction of savings, raising time preference, & allowing endless government finance, can be applied to many topics, and in this seminar Saifedean and the attendees explore some ideas. How does fiat affect medicine and the medical establishment and modern medicine? What is the impact on pharmaceutical drugs? What is the impact on law? How has it affected art?References...

Managing Partner of Stillmark, Alyse Killeen, joins us to discuss investing in bitcoin companies. She explains why Stillmark invests in "bitcoin only" companies, what she looks for in bitcoin startups and how venture capital in the bitcoin industry differs from traditional markets. She and Saifedean also discuss how bitcoin investing is long-term focused whereas token VCs have a new short-term model taking advantage of clueless retail with false narratives. Alyse explains how this long-term focus protects bitcoin VCs from short-term volatility, such as the recent spate of high-profile failures in the altcoin space. In the Q&A, Alyse answers...

Former England international football player Kieran Gibbs joins us to discuss his bitcoin journey, football career, and thoughts on time preference. Find out how he was orange-pilled by team-mate Hal Robson Kanu, why he chose to receive 50% of his salary in bitcoin, how bitcoin has changed him and lowered his time preference, and how he introduces bitcoin to his athlete friends. Kieran also compares playing the low time preference football style of Arsenal's Arsène Wenger with the high time preference style of Sam Allardyce at West Brom, and how Keynesian central banking is analogous to 8 year old playing f...

Are the world's most common illnesses caused by insulin resistance? In this episode, Dr Benjamin Bikman joins us to discuss his best-selling book “Why We Get Sick”. He argues that insulin resistance is at the heart of the world's most prevalent diseases and that poor economic incentives have caused scientists to neglect this phenomenon to pursue unproductive avenues of research. Dr Bikman explains how insulin resistance impacts conditions ranging from diabetes to Alzheimer’s and offers practical advice for listeners looking to improve their health. He also shares his views on broader issues such as the health impact of seed o...

BTC veteran Matt Odell joins us to share his thoughts on the best ways to use bitcoin. We discuss different bitcoin custody options such as trusting third parties, hardware wallets, multisig, and paper wallets, and the advantages and trade-offs involved. What is the case for staying private on bitcoin, and what are the best tools available? What are the most common risks facing bitcoin holders? Will yield products on bitcoin go away or are they coming back? How do you plan for bitcoin inheritance? And much more!ResourcesMatt Odell on TwitterMatt’s official we...

Should you learn to code? Is coding for everyone? Can learning to code make you more employable? Does the value of coding decline in a world of artificial intelligence? Do intellectual property laws help advance computer engineering or hold it back? In this episode, Saifedean talks to Amjad Masad: CEO of leading coding platform Replit. They discuss how Amjad’s upbringing in Jordan led him into the world of programming, how he started Replit, how it grew from an open source project to a company valued over $1b, teaching millions to code and build powerful products, and why he tu...

How did the CFA franc come to be the common currency of 14 West and Central African nations? Who controls it and why did it suddenly lose half of its value in 1994? In this episode, we are joined by software engineer and founder of Bitcoin Developers Academy, Fodé Diop, for a discussion on the fascinating monetary history of West Africa. Fodé explains how the CFA franc has allowed France to maintain economic dominance in West Africa, how the 1994 devaluation affected his family, and why he is supporting bitcoin adoption as means of empowering Africans and increasing financial inclusion. Fodé also exp...

In this seminar, learners at saifedean.com discuss the current state of the fiat monetary system as the world experiences the dollar strengthening and other fiat currencies weakening. Regular seminar attendee Nasr El-Hadi discusses the history and the current state of the Libyan monetary system, where the central bank has split into two central banks each issuing the same currency with a different signature, with hilarious and disastrous consequences. Find out what happens when fiat 'hard forks', and how bitcoin and stablecoins are serving as a lifeline for Libyans who have no functioning monetary or banking system in this...

In this episode, CEO of bitcoin mining company Iris Energy Dan Roberts joins us to discuss whether bitcoin can (and should) help fix renewable energy. Dan explains the problems that intermittent wind and solar energy create for power grids, and how his company works to solve them through bitcoin mining. He and Saifedean discuss whether grids would be better off only using reliable energy sources, how bitcoin’s difficulty adjustment forces miners to become more efficient, and why Iris Energy has chosen to mine bitcoin only. Dan also shares his views on why bitcoin’s game theoretic nature means it i...

Bitcoin educator and investor Giacomo Zucco joins us to explain why he thinks bitcoin cannot be hard money unless it is dark money. We discuss: How dark is bitcoin given that its ledger of transactions is public, and given the recent identification of several hackers through chain analysis? Is bitcoin’s privacy overestimated by bitcoiners? What chance does the average user have at remaining anonymous? Does bitcoin need to be anonymous to remain secure? Can bitcoin survive government attack if most coins’ owners are known to governments?ResourcesGiacomo on TwitterGiacomo’s article on the hi...

Has Saifedean changed his mind on stablecoins? After handling $7b of redemptions in 48 hours, has USDT proven its resilience? Could regulated fiat banks handle this level of redemption? What happens to stablecoins if their adoption continues to grow? Can they replace foreign central banks as dollar providers to the world? Will they become major holders of US Treasuries? How will central banks deal with stablecoins? Are stablecoins a gateway to bitcoin? Can USDT be built on top of bitcoin's lightning network? This seminar hosts one of the leaders in the industry: Paolo Ardoino, CTO of Bitfinex and Tether to...

In this episode Saifedean joins Isabel Oakeshott and James Melville for an interview at the Speakeasy Podcast. They discuss why Saifedean decided to write The Bitcoin Standard, his views on the recent bitcoin price dip and the impact of the fiat “magic money tree” on society.ResourcesThe Speakeasy podcast on Apple Podcasts.Saifedean’s first book, The Bitcoin Standard available in 20 languages.Saifedean’s second book, The Fiat Standard available in English, Turkish, Spanish and French.All of Saifedean’s podcast episodes are available at saifedean.com/podcastSaifedean on Twitter.Enjoyed this episode? Y...

In this interview with the Practical Islamic Finance podcast, Saifedean discusses Bitcoin from an Islamic perspective, and makes the case for why it is more compatible with Islamic Sharia law than government money. Whereas the creation of government money happens through the creation of interest-bearing debt which is forbidden in Islam, the creation of bitcoin is no different than the creation of a market commodity, with a competitive market for its production. Bitcoin's decentralization makes it uniquely different from all other digital currencies because it makes it a free market commodity, and not a tool that allows its issuer...

Tarek El Diwany’s book “The Problem with Interest” has attracted attention from scholars of Islamic finance and bitcoiners alike, including Allen Farrington, whose newly published book, Bitcoin Is Venice, draws heavily on Tarek's work. In this episode, Saifedean hosts Tarek and Allen to talk about the morality of lending with interest, why the practice is prohibited in Islam, and how an economy would function without interest rates. They discuss how monetary systems that require the creation of ever more debt impact human time preference, capital accumulation and morality, and whether interest would emerge in a free market monetary system...

In perhaps his most comprehensive interview to date, Saifedean talks to Lex Fridman about the history of money, the foundations of economics, and why bitcoin represents a pathway to a more peaceful and prosperous world. Starting from Lex’s question “What is money?”, Saifedean draws on insights from his most recent book, The Fiat Standard, to take the listener on a four-hour historical journey. He explains how money emerged as a market good; why the gold standard developed in Britain and spread across the world; and the intriguing historical circumstances that led to government-controlled fiat money becoming the global medium...

Fiat money doesn't just affect economic exchange, its impact on society is much wider. In this episode, Marty Bent, host of the Tales from the Crypt Podcast, interviews Saifedean about the ways fiat money encourages negative societal impacts ranging from climate alarmism to soil degradation to poor diets. They focus on the widely accepted need to transition to from fossil fuels to “renewable” energy and how government funding of science encourages the publication of studies that predict catastrophes and propose state intervention to avoid them. They also discuss how government statistics are manipulated to underplay the negative impacts of fiat...

Most people think of bitcoin primarily as a form of money or store of value, but in this episode Darrin Feinstein argues that it also represents history’s most important accounting innovation. He explains why, as the world’s first incorruptible ledger, bitcoin allows us to remove fraud from the realm of accounting, and bring about a shift from “double-entry” to “triple-entry” bookkeeping. Darin and Saifedean discuss how the global accounting industry might differ in a world where bitcoin is used as the primary from of money, and why the transparency of bitcoin’s ledger makes it a poor tool for crimi...

Can we eliminate the use of fossil fuels? Can electric cars replace gasoline cars? Is a transition to wind and solar energy possible? At what cost? What impact will a forced transition have on economic development? How do the costs of eliminating fossil fuels compare to the dangers of increased CO2 emissions? What evidence is there for a pending climate catastrophe? The Mises Institute's Jeff Deist and Bob Murphy host Saifedean for a fascinating discussion of these and many more questions!ResourcesSaifedean’s PhD thesis Energy Systems and the Knowledge Problem: The Case of...

April 27th 2022.Without government who would build the roads? Should prostitution, speculating and price gouging be outlawed? In this episode Saifedean discusses these questions with eminent Austrian School economist Dr Walter Block. They cover fundamental issues in economics such as whether there is such a thing as a “public good”, whether economics is an empirical science, and whether it is ethical to outlaw “victimless crimes”. Dr Block also shares the story of he became a libertarian and Austrian economist, including the roles played by Ayn Rand and Murray Rothbard in his intellectual journey.Resour...