Entrepreneur Aneesh Karve joins me for a continuation of our detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss the issues with the government's central planning and its consequences.
Outline: 00:00:00 “What is Money?” Intro Music 00:00:08 “What is Money?” Intro Message 00:01:40 Do More with Your Digital Assets with Ledn 00:02:24 The Debunking of Invincible Fallacy 00:04:22 No Discrimination Doesn't Equal No Disparity 00:06:54 The Sorting and The Unsorting of People 00:11:44 Why Humans Don't Need a Centralized System of Control To Coexist 00:15:43 Example of People's Self-Sorting Behaviour 00:18:32 Correlation in IQ Between Husbands and Wives 00:19:56 Hidden Consequences of Government's Central Planning 00:26:33 The Line Between Self-interest and Greed 00:34:28 Costs of Unsorting People 00:36:54 "You Must Induce Class Warfare To Seize Power" 00:39:55 How Governments Use "Equality" To Gain Power 00:44:48 The Naivety of Invincible Fallacy 00:46:57 Equal Rules vs Equal Outcomes 00:52:44 Take Control of Your Healthcare with CrowdHealth 00:53:46 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:54:21 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS 00:55:18 Hold Bitcoin is the Most Secure Custody Model with Casa 00:56:06 Technological Leap Forward To Get Out of Political Domain 00:59:58 Ethereum vs Bitcoin and Why Simplicity Under The Law Wins 01:05:52 Why Marxism Dislikes Reality 01:08:19 Free Market Capitalism As an Antidote To The Harsh Realities of The World 01:12:00 What’s Wrong With The Proof of Stake System And Central Planning 01:13:32 Central Planners Keep "Shoulding" All Over Everyone 01:15:38 The Importance of Having a Precise Discourse As a Society 01:19:38 The Argument Between Central Planners And Libertarians 01:22:38 Problems With Central Planning 01:27:45 Terrible Hidden Consequences of No Costs in Bad Decision Making 01:33:43 The Best Antidote To Super Monopolies 01:40:02 "What is Money?" Outro