Bitcoin L2's, LN, BTC++, Base58 - Lisa Neigut ( nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy ) (SLP509)
https://fountain.fm/episode/lJtiI5MRtgMxj8aSEMsJ
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The Austrian School's Deductive Approach: A Beacon for Economic Understanding
My latest from the #Mises Institute
https://mises.org/wire/austrian-schools-deductive-approach-beacon-economic-understanding
Economics, Mises pointed out, is too vital to be confined to the esoteric realms of academia. It grapples with the fundamental issues of society and belongs to all. By empowering the public with a deep understanding of economics, economists equip individuals with the ability to critically evaluate market mechanisms, expose economic myths, and resist the lure of misguided policy interventions. Far-reaching economic education fortifies society against the destructive influence of coercive utopianism, fostering a culture that values individual liberty, entrepreneurship, and long-term prosperity. As such, it is our shared responsibility to vigorously disseminate the light of economic reasoning, banishing the fog of fallacy and unlocking humanity’s boundless potential.
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The Austrian School's Deductive Approach: A Beacon for Economic Understanding
My latest from the #Mises Institute
https://mises.org/wire/austrian-schools-deductive-approach-beacon-economic-understanding
I'm purposely not posting this on Twitter.(please don't share there)
We are going to have our 6th conference sometime in Q4 of next year. TABConf 6 tickets are on sale for the next ~36 hours for $69.42.
- Support us early by getting a ticket for yourself.
- Become a hero and buy one for a pleb in need.
- Be a Rockstar and plan to participate next year and help with GitHub curation.
Let's build builders, let's build on Bitcoin, let's learn, let's educate, no pleb left behind, and everyone has the ability to contribute in some way.
https://checkout.opennode.com/p/d247c351-959f-4758-b8cb-da45c628a1a9
Let's build builders, let's build on Bitcoin, let's learn, let's educate, no pleb left behind, and everyone has the ability to contribute in some way.
nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_762 - Bitcoin's Security Model Deep Dive ( nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp )
https://fountain.fm/episode/9062ZLqRebSewDZH4SS5
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Time preference is a foundational concept because it provides deep insights into human behavior and the inner workings of the economy. At its core, time preference captures people's subjective preferences for current versus future consumption. This preference to satisfy wants sooner rather than later is a ubiquitous feature of human action. Time preference explicates people's natural incentive to consume now rather than save and wait. It therefore helps elucidate saving and consumption patterns across society.
Moreover, time preference is embodied in the interest rate, which is the price paid to forego present consumption. Interest rates arise naturally from individuals' varying time preferences and willingness to exchange present for future goods. Interest rates therefore signal society's time preferences and coordinate distinct preferences into a coherent structure of production over time. They provide entrepreneurial insight into the tradeoffs between current and future consumption, allowing for rational allocation of resources across the stages of production.
Time preference illuminates intertemporal decision making, the phenomenon of interest, saving behavior, capital structure, and economic coordination over time. By analytically grounding many disparate economic phenomena in the simple fact of human preference for present over future, time preference facilities a unified and profound understanding of the market economy. Time preference thus sits at the heart of economic insights about prices, capital, business cycles, and the transcendent ability of markets to align individual choices and social outcomes over time.
#foodstr #steakstr
nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #269: Bitcoin Mining Saves Texas Grid
https://fountain.fm/episode/imNUa7SPmpcKt1XiJEQZ
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"ToldaYaSo" = 💜