Rahim Taghizadegan, the last direct-tradition Austrian School economist, pioneered Bitcoin education at university level. With fifteen books, he founded Scholarium to preserve the school's interdisciplinary approach.

› Follow Rahim: https://twitter.com/scholarium_at

› Rahim’s website: https://scholarium.at

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🕑 TIMESTAMPS

00:00 - Introduction to Austrian Economics and Bitcoin

02:49 - The Relevance of Austrian Economics Today

05:48 - The Displacement of Austrian Economics by Keynesianism

08:39 - The Role of Intellectuals and the Quest for Control

11:50 - Understanding Money and Its Impact on Society

12:34 - The Disconnect Between Austrian and Keynesian Economics

14:41 - The Subjectivity of Value and Human Action

17:25 - Distortions in the Market and the Business Cycle

20:19 - The Role of Bitcoin in Economic Discourse

28:35 - Understanding Bitcoin's Dual Nature

35:07 - The Subjective Value of Bitcoin

41:13 - Bitcoin's Historical Significance

47:38 - Individualism vs. Collective Adoption in Bitcoin

59:29 - The Role of Proof of Work in Bitcoin's Value

01:03:27 - The Complexity of Energy and Value

01:07:29 - Time Preference and Economic Behavior

01:11:17 - The Role of Savings in Civilization

01:17:23 - Central Banking and Economic Control

01:24:16 - Austrian Economics and Political Realities

01:25:15 - The Future of Austrian Economics and Bitcoin

ℹ️ EPISODE SUMMARY

Bram Kanstein and Rahim Taghizadegan discuss Austrian economics and Bitcoin, exploring Austrian economics' historical context, critique of central planning, and marginalization by Keynesianism. They examine the role of intellectuals, the nature of money, modern economic distortions, and the subjective nature of value and human action. The conversation covers Bitcoin's dual nature as network and asset, its historical significance, adoption motivations, and proof of work's role in establishing digital value. They discuss how time preference affects spending and saving, central banks' bureaucratic nature, and Austrian economics' potential future impact. The dialogue emphasizes private savings and leisure's importance for culture and civilization, concluding with reflections on freedom and human potential.

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