The Bitcoin Standard Podcast cover image

188. HUMAN ACTION Principles of Economics Lecture 1

The Bitcoin Standard Podcast

CHAPTER

Understanding Action and Its Significance

This chapter explores the difference between purposeful action and impulsive behavior, discussing how action involves fulfilling wants and consciously adjusting to the universe's conditions, unlike reactive behavior. It also delves into distinguishing purposeful behavior in humans compared to animals.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner