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16min chapter
197. Principles of Economics: Interview with Jimmy Song
The Bitcoin Standard Podcast
The Importance of Property Rights in Civilization
This chapter explores the importance of respecting property rights as the foundation of civilization. It discusses how property prevents theft and aggression, and highlights the irony of critics of capitalism relying on products of capitalism. The chapter also discusses the concept of economizing, the impracticality of living off the grid, and the benefits of cooperation and specialization in an economy.
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