The Philosophy of Money | Robert Breedlove interviews Stephen Hicks

Dr. Hicks was interviewed by Robert Breedlove in Fall 2023. Their conversation ranged over such subjects as the nature of money, the philosophy of money, the nature of business, the morality of business and money, the proper role of government, and the role of Bitcoin.
Robert Breedlove is a freedom maximalist, ex-hedge fund manager, and philosopher in the Bitcoin space. Robert's mission is to restore freedom, truth, and virtue in our world by tenaciously asking the question: "What is Money?"
His channel is: / @robertbreedlove22
Timestamps:
00:40 What is money?
06:05 Money and language
08:45 Top-down or bottom-up origin of money
16:09 Money is the language of value
19:04 Money and books
21:19 Gold vs. bitcoin
34:07 The conflict of moral codes
44:54 The romantic lies of collectivists
53:33 Money as a cognitive achievement
1:10:44 The moral status of business in society(lending and borrowing)
1:21:07 Is business amoral? Simply a tool?
1:23:05 Business activity is value-laden
1:28:37 Does decentralization mean chaos?
1:32:12 The use of knowledge in society
1:36:59 The proper role of government
1:44:30 How do we constrain government?
1:53:19 The cycle of prosperity and decadence?
2:00:20 Bitcoin
Stephen R. C. Hicks, Ph.D., is Professor of Philosophy at Rockford University, USA, and has had visiting positions at Georgetown University in Washington, D.C., University of Kasimir the Great in Poland, Oxford University’s Harris Manchester College in England, and Jagiellonian University in Poland.
Other links:
Explaining Postmodernism audiobook: • Explaining Postmoderni...
Nietzsche and the Nazis audiobook: • Nietzsche and the Nazi...
Playlists:
Education Theory: • Education Theory
Entrepreneurship and Values: • Entrepreneurship and V...
Nietzsche: • Nietzsche

[@charlessmith2900]

Thank you Robert, for affording Prof. Hicks this time to enlighten us with his perspective. Top shelf !!

[@thereignofthezero225]

👍

[@albionicamerican8806]

A woman mathematician several years ago figured out how to trace bitcoin transactions and deduce their wallets' owners. This breakthrough is going to come in mighty handy when governments simply outlaw bitcoin, and then they start to round up and arrest the people who use it.

[@thereignofthezero225]

A woman?! 😄

[@albionicamerican8806]

@@thereignofthezero225 Her name is Sarah Meiklejohn. She's profiled in a new book titled _Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency._

[@albionicamerican8806]

Central banks, corporations & governments are just ignoring Hayek's armchair theorizing about a knowledge problem, and they are making progress in solving it any way because they have economic incentives to do so.

[@drstrangelove09]

Have you seen Jim Brown's (from Ayn Rand Centre UK) presentations about money?

[@thereignofthezero225]

No but I will

[@thereignofthezero225]

"Theres no entity called society." You sure? Couldnt you then also deduce that there is no such entity as the human body, just the individual components that make it up?

[@albionicamerican8806]

By that line of reasoning, there's no such thing as "the market," either.

[@thereignofthezero225]

@albionicamerican8806 yeah....which is ironic because all the free market "capitalism is perfect" guys always say how the market knows best and organizes itself without the need for gov intervention 😄