Reboot - The Use of Knowledge in Society [F.A. Hayek]

January 11, 2023 00:44:45
Reboot - The Use of Knowledge in Society [F.A. Hayek]
Bitcoin Audible
Reboot - The Use of Knowledge in Society [F.A. Hayek]

Jan 11 2023 | 00:44:45

/

Hosted By

Guy Swann

Show Notes

Bringing back one of my favorites today that I mention often but we haven't covered in a very long time. This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market. Hayek takes us on a journey in this incredible piece that is not to be skipped. The original article can be found at FEE along with so much other amazing economic education: https://fee.org/articles/the-use-of-knowledge-in-society/ Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

August 24, 2023 00:37:05
Episode Cover

Read_759 - Increasing Interoperability in Second Layer Protocols [Chase Smith]

"Often overlooked is the importance of interoperability between not only the second-layer protocol and Bitcoin but the layer-2 protocols themselves. A second layer, where...

Listen

Episode

February 19, 2024 00:44:19
Episode Cover

Read_801 - To Dust You Shall Return

"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That’s a little less...

Listen

Episode

August 08, 2023 02:42:55
Episode Cover

Chat_83 - Decentralizing Global Markets with Nostr, Pablof7z

We have an incredible chat today with Pablof7z who is on a mission to make Nostr the global, decentralized marketplace. With highlighter for integrated,...

Listen