Introduction to Austrian Economics
Episode Summary
What if modern economics was intentionally misleading people to cover for money printing? I break down the basics of Austrian Econ, the lies of Keynesian Econ, and how sound money creates a stable foundation for civilization. I discuss the origins of Austrian thought, how inflation distorts time preference, the subjective theory of value, and why boom and bust credit cycles are inevitable with broken money. πππππππ πππππ & πππππππππ: https://jakewoodhouse.link/EP99-Links/Resources ππππππππππ: 0:00 β Modern Economics is a Scam 2:45 β The Origins of Austrian Economics 11:06 β Keynesianism: The Root of Inflation 13:33 β Understanding Time Preference 16:42 β The Case for Sound Money 19:41 β Why Value Is Always Subjective 22:14 β Spontaneous Order & Individual Freedom 26:47 β Recessions, Credit Cycles & Fiat Collapse 29:52 β Making Sense of an Irrational World 31:12 β Best Quotes & Takeaways 36:51 β How to Connect with the Show New episodes every week. Let's learn together. If you want to learn more or connect, visit my website: https://jakewoodhouse.io/
