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 //  Twitter: https://twitter.com/SRCHicks  Website: http://www.stephenhicks.org/  YouTube: https://www.youtube.com/@CEEChannel // SPONSORS //  In Wolf's Clothing: https://wolfnyc.com/ Gold Investment Letter: https://www.goldinvestmentletter.com/  iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/  Wasabi Wallet: https://wasabiwallet.io/  Casa (use discount code BREEDLOVE): https://keys.casa/  Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/  Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com  Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/  // 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 //  Podcast Website: https://whatismoneypodcast.com/  Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?  RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //  Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7  Sats via Strike: https://strike.me/breedlove22  Sats via Tippin.me: https://tippin.me/@Breedlove22  Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove // WRITTEN WORK //  Medium: https://breedlove22.medium.com/  Substack: https://breedlove22.substack.com/ // SOCIAL //  Breedlove Twitter: https://twitter.com/Breedlove22  WiM? Twitter: https://twitter.com/WhatisMoneyShow  LinkedIn: https://www.linkedin.com/in/breedlove22 Instagram: https://www.instagram.com/breedlove_22  TikTok: https://www.tiktok.com/@breedlove22  All My Current Work: https://vida.page/breedlove22