Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)

Entrepreneur Aneesh Karve joins me for a continuation of our detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss the issues with the government's central planning and its consequences.

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Discrimination and Disparities: https://www.amazon.com/Discrimination-and-Disparities-audiobook/dp/B078N861YQ/ref=sr_1_1?keywords=discrimination+and+disparities&qid=1660844142&sr=8-1

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Outline: 
00:00:00 “What is Money?” Intro Music 
00:00:08 “What is Money?” Intro Message 
00:01:40 Do More with Your Digital Assets with Ledn 
00:02:24 The Debunking of Invincible Fallacy 
00:04:22 No Discrimination Doesn't Equal No Disparity 
00:06:54 The Sorting and The Unsorting of People 
00:11:44 Why Humans Don't Need a Centralized System of Control To Coexist 
00:15:43 Example of People's Self-Sorting Behaviour 
00:18:32 Correlation in IQ Between Husbands and Wives 
00:19:56 Hidden Consequences of Government's Central Planning 
00:26:33 The Line Between Self-interest and Greed 
00:34:28 Costs of Unsorting People 
00:36:54 "You Must Induce Class Warfare To Seize Power" 
00:39:55 How Governments Use "Equality" To Gain Power 
00:44:48 The Naivety of Invincible Fallacy 
00:46:57 Equal Rules vs Equal Outcomes 
00:52:44 Take Control of Your Healthcare with CrowdHealth 
00:53:46 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:54:21 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS 
00:55:18 Hold Bitcoin is the Most Secure Custody Model with Casa 
00:56:06 Technological Leap Forward To Get Out of Political Domain 
00:59:58 Ethereum vs Bitcoin and Why Simplicity Under The Law Wins 
01:05:52 Why Marxism Dislikes Reality 
01:08:19 Free Market Capitalism As an Antidote To The Harsh Realities of The World 
01:12:00 What’s Wrong With The Proof of Stake System And Central Planning 
01:13:32 Central Planners Keep "Shoulding" All Over Everyone 
01:15:38 The Importance of Having a Precise Discourse As a Society 
01:19:38 The Argument Between Central Planners And Libertarians 
01:22:38 Problems With Central Planning 
01:27:45 Terrible Hidden Consequences of No Costs in Bad Decision Making 
01:33:43 The Best Antidote To Super Monopolies 
01:40:02 "What is Money?" Outro

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