The isolated interference brought about a condition which, from the point of view of the government,
MISES' SIX LESSONS: #3 - INTERVENTIONISM (Austrian Audible on THE Bitcoin Podcast)
"The isolated interference brought about a condition which, from the point of view of the government, is even more undesirable than the previous state of affairs which the government wanted to alter. And as the government goes farther and farther, it will finally arrive at a point where all prices, all wage rates, all interest rates, in short, everything in the whole economic system, is determined by the government .
- Each of the six Mises lectures will be released as it's own episode in the coming weeks. Make sure to subscribe to "THE Bitcoin Podcast" wherever you listen or watch.
- Download "Economic Policy: Thoughts for Today and Tomorrow"
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1 The isolated interference brought about a condition which, from the point of view of the government, 2 is even more undesirable than the previous state of affairs which the government wanted to alter.
3 And as the government goes farther and farther, it will finally arrive at a point where all prices, 4 all wage rates, all interest rates, in short, everything in the whole economic system, 5 is determined by the government.
7 The Bitcoin time chain is 841256 and the value of one Bitcoin is still one Bitcoin.
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is even more undesirable than the previous state of affairs which the government wanted to alter.
And as the government goes farther and farther, it will finally arrive at a point where all prices,
all wage rates, all interest rates, in short, everything in the whole economic system,
is determined by the government. And this, clearly, is socialism.
Greetings and salutations, my fellow plebs. My name is Walker and this is the Bitcoin podcast.
The Bitcoin time chain is 841256 and the value of one Bitcoin is still one Bitcoin.
Today's episode is Austrian Audible. I'll be reading the third of Ludwig von Mises' six lectures
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"The isolated interference brought about a condition which, from the point of view of the government, is even more undesirable than the previous state of affairs which the government wanted to alter. And as the government goes farther and farther, it will finally arrive at a point where all prices, all wage rates, all interest rates, in short, everything in the whole economic system, is determined by the government . And this, clearly, is socialism." - Ludwig von Mises
In this Austrian Audible episode of THE Bitcoin Podcast , Walker reads Lecture 3: INTERVENTIONISM , from Economic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises, AKA Mises Six Lessons
Each of the six Mises lectures will be released as it's own episode in the coming weeks. Make sure to subscribe to "THE Bitcoin Podcast" wherever you listen or watch.
Download "Economic Policy: Thoughts for Today and Tomorrow"
