WiM055 - The Hillebrand Series | Episode 4 | Justice and Reason

Max Hillebrand joins me for a multi-episode conversation covering the masterwork on libertarian philosophy “The Ethics of Liberty” written by Murray Rothbard. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Max’s twitter: https://twitter.com/HillebrandMax Max’s Website: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos 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?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:23 The Objectivity of Moral Principles? 00:06:19 Justice is Born of Reason 00:11:41 Utility of the Division of Labor 00:16:25 Division of Labor: Enabling Higher Moral Aims 00:20:15 Productivity is the Pursuit of Timelessness 00:22:01 Absolute and Comparative Advantages 00:24:32 The Antifragility of the Free Market 00:25:27 Entrepreneurship Elevates Meaningful Work 00:28:29 Discovering Moral Principles with Reason 00:35:09 Acquiring of Property Justly 00:41:21 Rivalrous vs. Non-rivalrous Goods 00:45:02 “Intellectual Property Rights” Restrict Reason 00:46:57 The Irrefutability of Individual Self-Ownership 00:50:02 Violating Property is a Net-Negative for Humanity 00:55:04 Stealing is the Path of Least Resistance 00:56:52 Honest Money Harmonizes Prices and Value 01:00:58 Acquisition and Expiration of Property 01:05:40 Conflict Arbitration on the Free Market 01:12:02 Ethics, Morals, and Proportionality of Retribution 01:14:33 The Contradiction of State “Enforcement” of Private Property 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?lang=en All My Current Work: https://linktr.ee/breedlove22​ WRITTEN WORK Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE 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 Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: https://nydig.com/ Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217 Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmg IBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/ Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/