Minimum Wage and Unemployment

Entrepreneur Aneesh Karve joins me for a detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss how governments manipulate statistics and how intervening in free markets leads to more inequality and less wealth creation.

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Guest
Aneesh's Twitter: https://twitter.com/akarve
Aneesh's Written Work: https://akarve.com/complexity-austrian-economics-computational-limits-of-central-planning/

PODCAST
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Transcript:

Outline
00:00:00 “What is Money” Intro
00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com
00:01:37 Discussing how Governments Manipulate Statistics to their Benefit
00:05:32 How Free Markets Incentives Inequality & Production
00:10:01 How Pre-Requisites Disincentives Wealth Creation & Encourages Statistical Manipulation
00:21:43 How Inequality & Power Law Distributions Benefit Wealth Creation
00:26:14 Watch "Hard Money with Natalie Brunell" From Swan Studios
00:27:00 Take Control of Your Healthcare with Crowd Health
00:28:08 Explaining the “Paraded Principle”
00:31:32 History of Discrimination leading to Economic Downfalls
00:36:58 Statistical Outcomes amongst Family Birth Order
00:40:31 Discussing the “Invincible Fallacy” & how Government Intervention creates Inequality
00:51:07 Minimum Wage & Infringing on Free Markets
00:55:08 “What is Money” Outro

SOCIAL
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WRITTEN WORK
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