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Stephan Livera | Abundance, Generosity, and the State with Guido Hulsmann SLP589 @StephanLivera | Uploaded July 2024 | Updated October 2024, 9 hours ago.
Official Podcast Episode: stephanlivera.com/589
Jörg Guido Hülsmann is a Senior Fellow of the Mises Institute, and he rejoins me to discuss his latest book on Abundance, Generosity and the State. Bitcoiners like to spell out a lot of the social and cultural problems in the world today, and Dr Hülsmann is one of the leading lights in showing how fiat currency and government intervention have caused negative outcomes.

We discuss the way gratuitous benefits come to us in a free market capitalist society, and the many ways government intervention can interrupt this process. Instead of having strong families, communities and private clubs that assist in making our lives better, the state disrupts this process and makes society poorer.

Timestamps:
(00:00) - Intro
(00:58) - Inspiration behind ‘Abundance, Generosity and the State’
(05:10) - What is a gratuitous good?
(09:48) - Virtues and the necessity of sacrifice
(11:50) - ‘Tit for tat’ exchange
(13:22) - Gratuitous benefits that are part of a free market economy
(18:30) - Sponsors
(19:38) - Positive externalities of capital accumulation in a free market
(22:42) - Taxation & regulation of gifts (especially inheritances) slows down capital accumulation
(30:34) - Distinction between private charity & welfare state
(40:46) - Sharing economy doesn't necessarily increase social integration
(44:53) - Sponsors
(47:29) - Govt. intervention in the role of families
(55:21) - Economics of more females in the workforce
(1:00:27) - Are we really less wealthy?
(1:04:13) - Progress comes in spurts
(1:07:46) - Closing thoughts


Links:
mises.org/library/book/abundance-generosity-and-state-inquiry-economic-principles
Site: guidohulsmann.com

Sponsors:
Swan.com (code LIVERA) swan.com/livera
CoinKite.com (code LIVERA) coinkite.com
Mempool.space https://mempool.space/

Stephan Livera links:
Follow me on X: @stephanlivera https://x.com/stephanlivera
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Subscribe to Substack: stephanlivera.substack.com
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Abundance, Generosity, and the State with Guido Hulsmann SLP589 @StephanLivera

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