TFTC: A Bitcoin Podcast #704: Running Your Company Like a Free Society with Jason Hughey
Jan 17, 2026
Marty talks with Jason Hughey, Principal at Satoshi Pacioli and an expert in principle-based management. They explore how PBM aligns with Bitcoin culture, emphasizing free-market principles and long-term value creation. Jason discusses the evolution from market-based to principle-based management, highlighting Koch Industries’ philosophies. He shares insights on codifying company values and improving accountability. The conversation reveals how PBM can enhance Bitcoin companies, fostering a culture of feedback and innovation.
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Koch's 60-Year Management Experiment
- Charles Koch applied Austrian economics and free-society principles to run Koch Industries starting in the late 1960s.
- That 60-year experiment scaled a small oil firm into a global private company using PBM's five dimensions.
Apply Free-Society Principles To Companies
- Principle-Based Management applies free-society principles to organizations to get better results.
- Free speech, spontaneous order, and equal rule of law drive superior decision-making and innovation.
Team Values Built At A Summit
- Satoshi Pacioli codified team values during an in-person summit and involved the whole team.
- That process produced organic company values like sound money and value-for-value that guide culture and hiring.
