The Division of Labor Is Like a Tool

Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard.

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GUEST
Max’s twitter: https://twitter.com/HillebrandMax
Max’s Website: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
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Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:05 NYDIG
00:01:23 The Objectivity of Moral Principles?
00:06:19 Justice is Born of Reason
00:11:41 Utility of the Division of Labor
00:16:25 Division of Labor: Enabling Higher Moral Aims
00:20:15 Productivity is the Pursuit of Timelessness
00:22:01 Absolute and Comparative Advantages
00:24:32 The Antifragility of the Free Market
00:25:27 Entrepreneurship Elevates Meaningful Work
00:28:29 Discovering Moral Principles with Reason
00:35:09 Acquiring of Property Justly
00:41:21 Rivalrous vs. Non-rivalrous Goods
00:45:02 “Intellectual Property Rights” Restrict Reason
00:46:57 The Irrefutability of Individual Self-Ownership
00:50:02 Violating Property is a Net-Negative for Humanity
00:55:04 Stealing is the Path of Least Resistance
00:56:52 Honest Money Harmonizes Prices and Value
01:00:58 Acquisition and Expiration of Property
01:05:40 Conflict Arbitration on the Free Market
01:12:02 Ethics, Morals, and Proportionality of Retribution
01:14:33 The Contradiction of State “Enforcement” of Private Property

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