5min chapter

The "What is Money?" Show cover image

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

The "What is Money?" Show

CHAPTER

What Is Psychic Profit?

The natural position Hans is talking about is aggression. He's blending in Austrian insights primarily Rothbard's utility and welfare economics. If you're opposed aggression, that implies property rights in your body. So if we just simply allow voluntary free trade, both parties from an ex ante point of view are subjectively better off,. they both achieve psychic profit.

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