Definitely gonna order this. And I remember them teaching "utils" in an econ class.... Even as an undergrad, I thought, "this is total BS." Took me a few years to find Austrian economics, though.
i already started reading Principles Of Economics on your website and up until this point i think its phenomenal! thank you for your work dr. ammous you truly are a great economist!
@@miguelsimoesdealmeida8909 Taking the course now, it's great. Its similar to some of the vids you currently see on his channel. There are discussions also recorded that you can participate and ask questions. Course will end in mid 2024 but you can still watch the vids, along with the course recordings from his other books (Bitcoin and Fiat Standard).
Dear Saifedean, I have a remark regarding your argument about interest rates and whether a world without interest rates can exist. When you argue that because of cost of storage lending money away at 0% nominal interest rate is preferable, why do you assume that the cost of storage is proportional to the amount of money (e.g. 1%). I could assume a scenario where cost of storage is a fixed cost and hence, irrelevant for the decision making at the margin. Thank you for your works - you had a big impact on how I view and understand the world. Coming from a Masters student in (fiat) economics. Best, Simon
Saif can you please release the chapter on civilization as one of the free chapters? I’m very interested in the subject of non-government societies. Thanks for all you do.
Regarding the part about the market of violence and defence. You argue that there already exists a market for defence in form of private security companies. But when these private security companies use violence on other people for defence purposes they still have to answer to the central state authority that they were indeed entiteled to use it because their own private property has been endangered. If there was no central structure of power who would hopefully defend basic individual rights the entity with the bigger gun wins and doesn't have to play by the rules.
i always thought of rational behaviour in the sense of "rations" as additional units of marginal utillity. you think rational because marginal utillity declines unit by unit each additional action. Perhaps i was wrong.
It seem that you are a well educated person with common sense and clear thinking and have contacts with people over a wide front of disciplines as well as the ability to write books. I think that would make you a very good candidate to either write or organize a rebuttal to the book written by Al Gore (An Inconvenient Truth) that kicked this climate stupidity into high gear. Quoting FDR's "a day of infamy" Sunday 7th December 1941, how about a title like ("An Infamous Lie" based on half-truths and conjecture) debunking the "science" that was quoted as the base for what he became famous and rich for. He was and is after all just a politician and their track record world wide is rather dismal throughout time.
Dr Saifedean ammous thanks for all your contribution to society you are a amazing human being ❤
Definitely gonna order this. And I remember them teaching "utils" in an econ class.... Even as an undergrad, I thought, "this is total BS." Took me a few years to find Austrian economics, though.
i already started reading Principles Of Economics on your website and up until this point i think its phenomenal!
thank you for your work dr. ammous you truly are a great economist!
I am reading this right now. The beginning is a lot of definitions and such but then it really takes off. Amazing work
Bravo, Saif. It is a masterpiece.
Just got my book in the mail today. Looking forward to reading this and taking the online course. The econ course we all needed!
Hey., did you take the course ?
I would love to hear your feedback
@@miguelsimoesdealmeida8909 Taking the course now, it's great. Its similar to some of the vids you currently see on his channel. There are discussions also recorded that you can participate and ask questions. Course will end in mid 2024 but you can still watch the vids, along with the course recordings from his other books (Bitcoin and Fiat Standard).
Skip the ads @ 3:40
Nice work Saif!!!
Dear Saifedean, I have a remark regarding your argument about interest rates and whether a world without interest rates can exist. When you argue that because of cost of storage lending money away at 0% nominal interest rate is preferable, why do you assume that the cost of storage is proportional to the amount of money (e.g. 1%). I could assume a scenario where cost of storage is a fixed cost and hence, irrelevant for the decision making at the margin.
Thank you for your works - you had a big impact on how I view and understand the world. Coming from a Masters student in (fiat) economics.
Best,
Simon
Saif can you please release the chapter on civilization as one of the free chapters? I’m very interested in the subject of non-government societies. Thanks for all you do.
@saidedean, when is the audiobook going to be available on Audible??
It is available on Audible!
Regarding the part about the market of violence and defence. You argue that there already exists a market for defence in form of private security companies. But when these private security companies use violence on other people for defence purposes they still have to answer to the central state authority that they were indeed entiteled to use it because their own private property has been endangered. If there was no central structure of power who would hopefully defend basic individual rights the entity with the bigger gun wins and doesn't have to play by the rules.
Congrats. When are the Digital Pre-Orders going to get available for download?
Said the e-books were 'shipping' on the 12th but I never got mine 🤷
Update: just received my e-book a few hours ago! (May 18)
@@TheBrianna4555 thanks got mine as well
i always thought of rational behaviour in the sense of "rations" as additional units of marginal utillity. you think rational because marginal utillity declines unit by unit each additional action. Perhaps i was wrong.
csakazosztraksuli!
Dr.Saifedean can i olease work for you as an assistant for tik tok
The fiat standard didn't live up to the expectation. I got bored half way through cuz so much of it was repetitive from bitcoin standard or podcasts.
sound economics
Wow. Moving beyond "the dismal science"
Y
Can you please buy a better microphone?
Max Volume and still can't hear anything.
It seem that you are a well educated person with common sense and clear thinking and have contacts with people over a wide front of disciplines as well as the ability to write books. I think that would make you a very good candidate to either write or organize a rebuttal to the book written by Al Gore (An Inconvenient Truth) that kicked this climate stupidity into high gear. Quoting FDR's "a day of infamy" Sunday 7th December 1941, how about a title like ("An Infamous Lie" based on half-truths and conjecture) debunking the "science" that was quoted as the base for what he became famous and rich for. He was and is after all just a politician and their track record world wide is rather dismal throughout time.