15th lecture of Principles of Economics explores monetary expansion as the issuance of credit unbacked by savings, how it distorts interest rates and misallocates capital, why this generates the business cycle, Mises' money typology & how central banks are central planners of capital markets. Get all course notes and slides on https://saifedean.com/poec ... Show More
May 19
326. On Milei and Rothbard
Saifedean reads the text of his new article on Argentina's Javier Milei experiment, and also reads the text of his tribute to Murray Rothbard, to be published in Rothbard At 100: A Tribute and Assessment, a collection of essays edited by Hans-Hermann Hoppe and Stephan Kinsella ce ... Show More
50m 57s
May 12
325. Principles of Economics Lecture 14: Credit and Banking
Fourteenth lecture of Principles of Economics explores credit and banking as the institutions that channel savings into investment, how commodity credit emerges from real savings, while circulation credit comes from money creation, why interest rates reflect time preference, and ... Show More
1h 17m