Economic Reality vs. Political Rhetoric | The Aneesh Karve Series | Episode 5 (WiM272)
The "What is Money?" Show
Introduction
Among similarly qualified faculty, women who never married earn higher incomes than men who never married. There are other complex factors at play. This is just a specialization, the division of labor. The sad thing and why Marxists don't like these conclusions is that it means we don't live in a dastardly evil society dominated by evil people bringing the system.
Entrepreneur Aneesh Karve joins me for a continuation of our detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss the issues with the government's central planning and its consequences.
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Outline:
00:00:00 Coming up
00:01:16 “What is Money?” Intro Music
00:01:25 “What is Money?” Intro Message
00:02:50 Do More with Your Digital Assets with Ledn
00:03:35 Secure Your Bitcoin Stash with The iCoin Hardware Wallet
00:04:32 Introducing Aneesh Karve
00:04:44 Problem with Categorizing People and Even Distribution of Resources
00:12:17 Playing with Statistics to Shape The Narrative
00:22:19 The Need for Accurate Measuring to Stop Inducing Class Warfare
00:27:31 Revealed Preferences vs Stated Preferences
00:32:18 Paying Attention to Reality and Rhetoric
00:38:26 What If You Take The Volatility Out of Bitcoin?
00:42:41 Failure of Central Planning and Taking Away Free Choice
00:50:20 Take Control of Your Healthcare with CrowdHealth
00:51:22 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:51:57 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
00:52:54 Replenish Your Body's Electrolytes with LMNT
00:53:45 Hold Bitcoin in the Most Secure Custody Model with Casa
00:54:33 The Fallacy of Composition
00:59:13 Survivorship Bias and Issues with Survey Data
01:04:21 The Differences Between Men and Women
01:09:32 Examples of Central Planning Problems
01:22:34 Fundamental Tension Between Statism and Libertarianism
01:24:53 Being Humble In The Face of Complexity
01:26:48 Why Proof of Stake is a "Rich Get Richer" Scheme
01:27:48 The Difference Between Capitalist and Socialist Economy
01:32:26 Thank God For Bitcoin
01:35:48 Dangerous Disconnect From Reality
01:39:22 "What is Money?" Outro
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