Eighth lecture of Principles of Economics examines energy and power as essential drivers of production, showing how abundant energy, especially hydrocarbons, raises productivity, expands trade and living standards, and helps explain prosperity, freedom, and the decline of slavery. Get all course notes and slides on saifedean.com/poecourse
Mar 3
315. Principles of Economics Lecture 6: Capital
Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is costly and fragile (depreciation, risk, destruction), and how capital accumulation ... Show More
47m 27s
Feb 24
314. Principles of Economics Lecture 5: Property
Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure property rights enable saving, capital formation, peaceful cooperation & civilizationa ... Show More
44m 40s