Thorsten Polleit

Ep. 420 | IRRTÜMER, TÄUSCHUNGEN UND MANIPULATIONEN AUS DER ÖKONOMIK IN DIE MEDIEN — UND WIE MAN DAS BEKÄMPFT

Jan 18, 2026
The discussion dives into how deception in economics enables control over populations, highlighting the dangers of ignorance and false doctrines. Polleit illustrates voluntary exchange's benefits with a bakery example and critiques misleading economic measures like market capitalization. He challenges the notion of stable money, argues against Keynesian myths that demonize saving, and warns about the consequences of losing foundational economic knowledge. Connecting faith with moral clarity, he emphasizes the need to combat economic manipulation.
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ANECDOTE

Mutual Gain From Voluntary Exchange

  • Frau Schulze buys a loaf for €4 and values it more than the money she pays.
  • The baker also values the exchanged money more than the loaf, showing mutual benefit from voluntary trade.
INSIGHT

Costs Are Opportunity Costs

  • True economic costs are opportunity costs, not labeled price tags like "costs €500bn."
  • Taxes spent by the state hide real costs as foregone private uses and reduce resistance to state action.
INSIGHT

Value Is Subjective

  • Value, cost and happiness are subjective and differ between individuals.
  • There is no objective measure of value that applies equally to everyone.
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