
211. Principles of Economics: A discussion with Cedric Youngelman
The Bitcoin Standard Podcast
Security as an Economic Good and the Role of Property Rights
The chapter challenges the notion of security as solely a governmental service, advocating for private sector involvement in security provision. It emphasizes the importance of economic calculation, property rights, and free markets in efficient resource allocation. The discussion also touches on the impact of theft on individuals, the significance of property rights in fostering cooperation, and the concept of the right to secession in relation to civilization and liberty.
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