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Story and The Power of Control | The Stephan Kinsella Series | Episode 3 (WiM229)

The "What is Money?" Show

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The Effects of Hoppy Rights on Human Capital

The natural owner of a body cannot help but make decisions regarding that body as long as he does not commit suicide and decides to stay alive. But since he can no longer decide on his own undisturbed by others, to what uses to put his body, the value attached to it by him is now lower. In the Garden of Eden, there is only one way left to do this: By shortening the waiting time, reducing the disutility of waiting and choosing a course of action that promises earlier returns. The introduction of aggressively founded ownership leads to a tendency to reduce investment decisions and favors consumption decisions. Put drastically, it leads to a tendencies to turn philosophers into drunks.

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