Today
323. Principles of Economics Lecture 13: Time Preference
Thirteenth lecture of Principles of Economics explores time preference as the degree to which individuals discount the future relative to the present, how security of property and hard money lower time preference, why lower time preference drives saving, investment, and capital a ... Show More
42m 9s
Apr 21
322. Principles of Economics Lecture 12: Capitalism
Twelfth lecture of Principles of Economics explores capitalism as the system of private ownership of capital goods, how free capital markets allocate resources to their most productive uses through profit and loss, why economic calculation requires private property, and why socia ... Show More
58m 46s
In this episode Saifedean talks to Ben Gagnon, Chief Mining Officer at Bifarms, a Canadian bitcoin mining company that accounts for 1-2% of global hash power. Ben tells the story of how he became involved in bitcoin after missing an opportunity to buy 100 bitcoin for $70 in 2010. He and Saifedean discuss when it makes sense for people and companies to mine b ... Show More
