15min chapter

The "What is Money?" Show cover image

The Most Important Question in the World Today | Episode 9 | (WiM406)

The "What is Money?" Show

CHAPTER

Sovereignty and the Energy Efficiency of Free Markets

This chapter discusses the superiority of sovereignty over tyranny from a moral perspective and the energy efficiency of free markets compared to tyrannies. It explains how voluntary games, like those of free market capitalism, outcompete centrally planned socialism due to not incurring enforcement and protection costs.

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