Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:23 The Objectivity of Moral Principles? 00:06:19 Justice is Born of Reason 00:11:41 Utility of the Division of Labor 00:16:25 Division of Labor: Enabling Higher Moral Aims 00:20:15 Productivity is the Pursuit of Timelessness 00:22:01 Absolute and Comparative Advantages 00:24:32 The Antifragility of the Free Market 00:25:27 Entrepreneurship Elevates Meaningful Work 00:28:29 Discovering Moral Principles with Reason 00:35:09 Acquiring of Property Justly 00:41:21 Rivalrous vs. Non-rivalrous Goods 00:45:02 “Intellectual Property Rights” Restrict Reason 00:46:57 The Irrefutability of Individual Self-Ownership 00:50:02 Violating Property is a Net-Negative for Humanity 00:55:04 Stealing is the Path of Least Resistance 00:56:52 Honest Money Harmonizes Prices and Value 01:00:58 Acquisition and Expiration of Property 01:05:40 Conflict Arbitration on the Free Market 01:12:02 Ethics, Morals, and Proportionality of Retribution 01:14:33 The Contradiction of State “Enforcement” of Private Property