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SLP443 Conza - Clearing up Bitcoin Misconceptions

Stephan Livera Podcast

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The Chain of Reasoning

Austrians are, it relates to the method of reasoning. And so what we're trying to get at here is this idea that it's not just merely subjective preference. It's actually a kind of objective reasoning style. And it's deductive. So the idea is we start from certain ideas, like so for example, man acts purposefully. We start with that, right? Because if you didn't want to change something, then you wouldn't act. Then from there, you can sort of reason out various other ideas like this idea of diminishing marginal returns or, you know, various ideas like that.

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