The Philosophy of Money with Stephen Hicks (WiM350)

Stephen Hicks joins me to discuss the philosophy of money, the morality of money and business, the importance of philosophical education, and why Bitcoin might be a sly roundabout way to take money out of the hands of The State. 

Stephen Hicks is a professor of philosophy and the Executive Director of the Center for Ethics and Entrepreneurship at Rockford University. He is the author of 'Nietzsche and the Nazis.' 

// GUEST // 
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Website: http://www.stephenhicks.org/ 
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// OUTLINE // 
00:00:00 - Coming up 
00:00:23 - Intro 
00:01:56 - Helping Lightning Startups with In Wolf's Clothing 
00:02:43 - Introducing Stephen Hicks 
00:03:12 - The Philosophy of Money 
00:06:29 - Money: A Social and Cultural Achievement 
00:08:39 - Centrally Designed Money vs. Emergent Money 
00:13:26 - The Origin of Money 
00:18:42 - Money: A Language of Value 
00:21:30 - The Resemblance between Money and Books 
00:23:55 - The Morality of Money 
00:33:56 - Money in Ancient Greece and Sparta 
00:36:49 - The Greater Good Fallacy 
00:41:05 - Individual Will vs. Collective Will 
00:43:23 - The Utilitarian Standard 
00:46:20 - Individualism Projects the Highest Resolution 
00:49:11 - Maximize Your Profits with Gold Investment Letter 
00:50:05 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:51:01 - The Noble Lie 
00:52:01 - Bootleggers and Baptists 
00:55:25 - The Naivety of the Baptists 
00:57:56 - The Philosophical Controversy of Money 
01:01:06 - A Cognitive Hierarchy and Measuring the Value 
01:07:20 - Apprehending the Value of Knowledge 
01:10:31 - The Laziness Factor and Business Efficiency 
01:15:10 - The Ethics of Business 
01:15:56 - Lending & Borrowing 
01:22:28 - Morality of Business and Money 
01:25:35 - The Inherent Value 
01:29:11 - Free Market Capitalism Promotes Individualism 
01:32:20 - The Desire for a Centralized Authority 
01:35:25 - Secularism of the Central Planners 
01:37:34 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
01:38:26 - Hold Bitcoin in the Most Secure Custody Model with Casa 
01:39:14 - Value Judgment 
01:42:58 - The Difference between Government and State 
01:46:52 - The Legitimacy of Using Force 
01:49:10 - The Proper Role of the State 
01:50:40 - Restraining the State within the Moral Scope 
01:55:14 - The Importance of Philosophical Education 
01:59:25 - The Proverbial Cycle of Men and Time 
02:03:00 - Still on the Learning Curve 
02:04:23 - Proper Education for Children 
02:06:26 - Can Bitcoin Restrain the Government? 
02:09:18 - The Political Risks to Bitcoin 
02:12:20 - Where to Find Stephen on the Internet

// PODCAST // 
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