#19 – Logan Chipkin: Understanding Economics

This episode was recorded on Airchat. Learn more at getairchat.com.Logan Chipkin is a writer. You can purchase his recently published fantasy novel, Windfall here.Follow Logan on Twitter @ChipkinLogan and on Airchat @logan.TIMESTAMPS0:33 - A brief history of Austrian economics9:15 - Is economics a science?14:12 - How to think about the state21:05 - The problem with welfare statism30:05 - Constructor Theory and Austrian economics33:12 - Economic creationism41:20 - Consumerism: does capitalism rob us of meaning from our lives?52:14 - Fiat, sound, hard, and easy monies55:49 - The history of money: the fall of Rome1:01:47 - Attributes of a sound money1:05:59 - History of money: the Renaissance1:12:06 - History of fiat money: the gold standard1:15:17 - History of fiat money: World War I1:18:48 - History of fiat money Post World War II1:23:13 - Market feedback as criticism1:32:56 - Bitcoin1:52:51 - Constructor Theory2:04:07 - Recommended reading and final remarksLINKSSupport my work: buymeacoffee.com/arjunkhemaniTwitter: twitter.com/arjunkhemani This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.arjunkhemani.com