Episode notes
Thirteenth lecture of Principles of Economics explores time preference as the rate at which individuals discount the future, how property rights and hard money reduce uncertainty and lower time preference, enabling saving and investment, and why the progressive lowering of time preference is the driving force behind capital accumulation and the process of civilization.
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Get all course notes and slides on https://saifedean.com/poecourse
Sponsors
Daylight - The computer, de-invented - https://daylightcomputer.com/
CoinKite - Bitcoin Security and Fun Devices - https://coinkite.shop/bitcoinstandard
TheBitcoinWay - TAKE CHARGE OF YOUR FINANCIAL FUTURE https://www.thebitcoinway.com/
The Saif House - High quality cloth hardcover bitcoin books by Saifedean & more delivered worldwide, with 10% off for paying in bitcoin - https://TheSaifHouse.com
-----------------------------------------------------------------------
Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard
Saifedean’s third book, Principles of Economics:
https://saifedean.com/poe
Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!
