The Bitcoin Standard Podcast

188. HUMAN ACTION Principles of Economics Lecture 1

6 snips
Sep 30, 2023
Saifedean explains the Austrian approach to economics and the concept of human action. The podcast covers the motivation behind the author's new book on economics and the importance of rationality in economic analysis. It also discusses the limitations of applying quantitative methods in economics and the absence of constants in economic value.
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1
Introduction
00:00 • 2min
2
Introducing Principles of Economics and the Need for a Comprehensive Textbook in Austrian Economics
02:12 • 5min
3
Introduction to Economics and the Economic Way of Thinking
07:16 • 15min
4
Understanding Action and Its Significance
22:28 • 3min
5
Understanding Rationality and the Austrian Approach to Economics
25:18 • 6min
6
The Importance of Constants in Scientific Experimentation and Their Absence in Economics
31:17 • 31min