WiM060 - The Vervaeke Series | Episode 7 | Religion and Other Sacred Canopies
The "What is Money?" Show
00:00
The Importance of Voluntary Exchange in Austrian Economics
In austrian economics, that is how we create value. So the more you maximize voluntary exchange and minimize coercion, the better outcomes you have over all. Academia is a bottle neck on information flow. If people are degrading the signal because they're lying or defrauding, or they're misrepresenting, right? There's all kinds of things whichall actually undermine the capacity for people to make informd choice or decision.
Transcript
Play full episode
