98. Sound economics in an age of hysteria with Tom Woods

In this episode Saifedean talks to author and Mises Institute fellow Tom Woods about the importance of sound economics in an age of C0vid hysteria. They discuss their experiences studying at Columbia University, and the different paths they took to discovering Austrian Economics. They then move on to discussing how they became independent academics, operating outside of traditional institutions and how this gave them more of freedom of speech and allowed them to reach a larger audience. They also talk about Tom’s work promoting rational thinking on masks and coronavirus lockdowns, the influence of “fiat” academics like Dr Fauci, and the censorship Tom has had to overcome on popular social media platforms.

00:00 Introducing Tom Woods
02:35 How Tom became an Austrian Economist
05:00 Why Attending the Colombia University?
06:05 The Transition from being an Historian to working on the Mises Institute
7:50 Building an Online Learning Platform
11:30 Bitcoin is the Wind in the Sail of saifedean.com
13:20 How the internet is changing academics & universities
16:55 New Communication Channels and Platforms
18:00 Mailing Lists are Platform Independent
20:10 Propaganda on the Internet
24:30 Is wide spread literacy a good thing?
26:30 The state has it’s own agenda
27:50 Literacy shouldn’t be for everybody
29:05 Your Facebook friends are wrong about the lockdown
33:45 Iowa dropping all of their Restrictions
38:00 The example of Sweden
41:00 What’s happening in Japan
43:20 The Beneficiaries of the Hysteria
45:00 Getting away with everything
48:50 The overlooked opportunity costs
51:15 All Experts are wrong
55:15 The Majority of Epidemiologists were agains Lockdowns
59:40 Epidemiology is harmful for humanity
01:07:40 The truth about this Science
01:09:00 The Problem with Fiat Academia
01:13:40 Censorship on different Networks
01:15:00 Missing Debates
01:16:12 Everything is dictated by Fiat
01:15:00 Joe Rogan Podcast
01:17:40 Asking the right Questions
01:23:33 The turning of the Tide
01:27:55 Resistance within the political spectrum
01:31:00 How Bitcoin fixes this
01:33:22 Building parallel Institutions
01:37 Bitcoin is the technology we need today

Tom’s book, Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse:
https://www.amazon.com/Meltdown-Free-Market-Collapsed-Government-Bailouts/dp/1596985879

Tom’s book C0vid Charts CNN Forgot:
http://www.chartstheyforgot.com/

Tom’s C0vid Charts Quiz:
http://www.covidchartsquiz.com/

The C0vid Cult on Vimeo:
https://vimeo.com/483358807

Tom’s podcast/radio show The Tom Woods Show:
https://www.advertisecast.com/TheTomWoodsShow

Tom’s book Why Your Facebook Friends are Wrong About the Lockdown:
http://www.wrongaboutlockdown.com/

Tom’s lecture The Fact-Free COVID Dystopia:
https://www.youtube.com/watch?v=Xy3tP-BW5do&t=994s

Tom on Twitter:
https://twitter.com/ThomasEWoods

Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard

Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here:
https://saifedean.com/membership/

#TomWoods #Bitcoin #Economics #Investing