6min 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

Is Every Decision Consumption or Investment?

In the land of milk and honey, people evidently could choose different lifestyles. Hans-Hermann Hoppe says we would need a normative property structure even if resources were not scarce. He's engaging in the sort of Kantian, Austrian tendency to categorize things by ideal types. So what humans don't always think about just live for the future is that they save some output of their current actions so they can benefit from them later.

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