CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]

April 26, 2019 00:23:03
CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]
Bitcoin Audible
CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]

Apr 26 2019 | 00:23:03

/

Hosted By

Guy Swann

Show Notes

Today we grab a section out of one of the many incredible works by Murray N. Rothbard to discuss the idea of marginal utility and why money must be a good, and actually is not a unit of measure.  As value can only be measured as relational to another good, money follows the same law of diminishing marginal utility.  Find out why with our read & discussion of Rothbard's "Toward a Reconstruction of Utility and Welfare Economics" from the incredible library at the Mises Institute. Check out the full work to dive much deeper into this topic and so much more at Mises.org and the link below: https://mises.org/library/toward-reconstruction-utility-and-welfare-economics-0#2 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

July 01, 2019 01:02:18
Episode Cover

CryptoChat_014 - Aleks Svetski on the Death of Blockchain

I got a chance to sit down with Aleks Svetski of the Amber App & blockchain bashing fame at the Bitcoin2019 conference. The Citizen...

Listen

Episode

October 05, 2023 00:40:23
Episode Cover

Reboot - Bitcoin & Software Reliability

"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions...

Listen

Episode

October 15, 2020 00:38:15
Episode Cover

Guy's Take #34 - TAPROOT IS MERGED!!

A major step toward the next era of Bitcoin was made today. The code is final, and it is now in the Bitcoin codebase...

Listen