The "What is Money?" Show

Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)

Jan 25, 2023

01:40:10

Creator website

Episode guests

Aneesh Karve

Highlights

AI Chapters

Episode notes

Is Marxism a Good Idea?

02:53

The Most Egregious Thing in All the Politics Is Graft

02:20

The Cost of Obtaining Information

03:46

Introduction

2min

The Invincible Fallacy

3min

San Francisco - Is There Discrimination on the Books?

4min

The Cost of Obtaining Information

4min

Are We Self-Organizing?

4min

Are There Birds of a Feather Flock Together?

6min

The Costs of Unsorting People

4min

Is There a Red Herring?

2min

The Value Judgment of Greedy

2min

10.

Capitalist Profit Is Not Something Extra

2min

11.

Profit Is a Psychic Phenomenon

5min

12.

Why Is Race So Important?

2min

13.

What Does Inequality Have to Do With What Is Money?

5min

14.

Aren't We All Equal?

2min

15.

Is There a Moral Equality in Basketball?

3min

16.

What's the Invincible Fallacy?

2min

17.

The Importance of Semantic Distinctions

2min

18.

Bitcoin Conference 2023 Sponsored by Casa

5min

19.

Bitcoin vs Ethereum

4min

20.

The Three Pillars of Civilization, Language, Law and Money

3min

21.

Is Marxism a Good Idea?

3min

22.

Are We Really Born Free at Everywhere?

4min

23.

Proof of Stake Is Proof of Work

3min

24.

The Central Planners Keep Shooting All Over Everyone, Right?

3min

25.

Is There a Syncretism Between Natural and Formal Language?

5min

26.

Central Planning Is Not a Consensus, Right?

5min

27.

The Invincible Fallacy - The Un-Selling of People

2min

28.

The Most Egregious Thing in All the Politics Is Graft

2min

29.

The Science of Hidden Consequences

2min

30.

The Rule of Law and the Taxes

4min

31.

The Best Antidote to Government Interventionist

3min

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.

GUEST:
Aneesh's Twitter: https://twitter.com/akarve
Discrimination and Disparities: https://www.amazon.com/Discrimination-and-Disparities-audiobook/dp/B078N861YQ/ref=sr_1_1?keywords=discrimination+and+disparities&qid=1660844142&sr=8-1

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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

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