2min chapter

The "What is Money?" Show cover image

Order Without Organizations with Aneesh Karve (WiM141)

The "What is Money?" Show

CHAPTER

The Fatal Conconceit of the Market

The market is the highest order process on that hierarchy, it's certainly higher than central planning. Central planning isn't able to perform catalaxi can't compute prices that can't compute exchanges because we're all the same we. The economic calculation problem in his worldview is unsolvable by any socialist or central engine planning. Mises: "Central planning is like the inorganic washing machine"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode