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6min chapter
Strategy, Capital, and Bitcoin with Mike Alfred (WiM113)
The "What is Money?" Show
Austrian Economics - The Importance of Waiting
Ludwig von misus is considered to be the most unappreciated philosopher in history. The book's like half philosophy and half economic, says switznegel. In chapter five he talks about degrees of impatience, what the austrians call time preference. He also connects it to people's ability to impulse control and do long term planning. And how you can trade off something today for something bigger or better in the future.
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