134. Praxeology in One Lesson with Conza
The Bitcoin Standard Podcast
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The Rich Businessman Versus the Poor Worker Dichotomy
The reason that a boat is floating is precisely because it plugs every hole as soon as it imagines. And so asking the rich person to go and just run their business in a way that is unprofitable because they're rich is an addition of not understanding how economics work. There's no, very much, there's no moral high ground for any minimum wage defenders. If anyone supports minimum wage, you're humanitarian with a guillotine. So the power of economics is, you can understand the consequences of your action and the policy that's been put in place.
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