Rahim Taghizadegan joins me to discuss what Jungian psychology and Austrian economics have in common, the problem with the deterministic worldview, the nature of incentives, and whether Bitcoin is a fundamental innovation.Â
Rahim Taghizadegan is an economist, author, physicist, philosopher, investor, and entrepreneur. He is the last Austrian economist of the Austrian School in the direct tradition.Â
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// OUTLINE //Â
00:00:00 - Coming upÂ
00:00:44 - IntroÂ
00:02:17 - Helping Lightning Startups with In Wolf's ClothingÂ
00:03:03 - Introducing Rahim TaghizadeganÂ
00:03:47 - Rahim's Journey from Austrian Economics to BitcoinÂ
00:05:20 - Switching the Field of InterestÂ
00:07:10 - Recommended BooksÂ
00:08:35 - Jungian Psychology & Austrian EconomicsÂ
00:11:37 - The Complexity TheoryÂ
00:13:38 - Behavior vs. ActionÂ
00:18:19 - PraxeologyÂ
00:19:17 - Distinguishing Human from AnimalÂ
00:23:11 - 20th Century CrisisÂ
00:30:10 - Innovation Led to Social ChangeÂ
00:36:14 - Fighting Against the DemagoguesÂ
00:42:28 - Preservation of PrivilegeÂ
00:43:24 - Guiding Light and the Narrative of MythologyÂ
00:45:44 - Human Capability of Rational ArgumentationÂ
00:47:30 - Following the LeaderÂ
00:51:35 - Rules vs. RegulationÂ
00:53:10 - Differentiating Epistemology & PhilosophyÂ
00:55:16 - Replacing Philosophy with ScienceÂ
01:01:05 - Simplicity vs. ComplexityÂ
01:02:23 - Secure Your Bitcoin Stash with the iCoin Hardware WalletÂ
01:03:19 - Mismanagement of ScienceÂ
01:07:07 - Science is Not the Only AnswerÂ
01:10:38 - DDT Pesticide DisasterÂ
01:12:53 - The Line Between Proper Intervention and AbuseÂ
01:16:02 - From Newtonian Theory to Einsteinian TheoryÂ
01:19:41 - Problem with the Newtonian Worldview of Human BeingsÂ
01:22:29 - Difference Between Theory and ObservationÂ
01:26:43 - Attributes of Real ScienceÂ
01:29:04 - Tradition of Speculation & ExaggerationÂ
01:33:38 - Choosing the Right FactsÂ
01:35:23 - Verifying the IdealsÂ
01:38:13 - Spotting the Irregularities and Discussing MetaphysicsÂ
01:43:27 - Axiom of ActionÂ
01:46:11 - Predicting Human BehaviourÂ
01:49:22 - The Freedom to ChooseÂ
01:52:31 - The Metaphor of Language & MoneyÂ
01:55:28 - Bitcoin is an Idealized MoneyÂ
01:57:46 - Is Bitcoin Discovered or Invented?Â
02:00:17 - Take Control of Your Healthcare with CrowdHealthÂ
02:01:18 - A Bitcoin Wallet with Privacy Built-In: Wasabi WalletÂ
02:02:10 - Bitcoin a Fundamental InnovationÂ
02:03:42 - Can Bitcoin Be Established in Today’s World?Â
02:07:40 - The Nature of IncentivesÂ
02:11:06 - How Incentives Influence ActionÂ
02:17:32 - Fiat Currency Incentivizes DebtÂ
02:21:09 - How Incentives Interact with MoralityÂ
02:25:25 - Restructuring the IncentivesÂ
02:29:13 - Private Property & Social CooperationÂ
02:32:20 - Being an Entrepreneur of ChangeÂ
02:37:02 - Bitcoin Enhances Private PropertyÂ
02:39:33 - The Feedback Loops of BitcoinÂ
02:41:27 - How to Find Rahim's Work
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