
Rep. Tom Emmer (R-MN) on MMT, CBDCs, and crypto policy for 2022 (EP.276)
On The Brink with Castle Island
00:00
Did You Ever Dabbled in Austrian Economics?
i came across one a few years ago called the information theory of capitalism. The theory provides that wealth is knowledge, and that economic growth is actually the result of knowledge growth. As entre preners like yourself take risk and learn from the risk that you're taking, assuming you are working in a true free market, that knowledge will advance. And not only do you do better, but us as a society, we experience advances in our quality of life. Nick i tells people all the time, if they haven't read it, or if it's been years since they read it, you might want to read the road to serftom by hyak an, austrian economist who wrote
Play episode from 04:23
Transcript


