Economic Reality vs. Political Rhetoric | The Aneesh Karve Series | Episode 5 (WiM272)

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. GUEST:  Aneesh's Twitter: https://twitter.com/akarve  Discrimination and Disparities: https://shorturl.at/wNS36 PODCAST:  Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI Outline:  00:00:00 Coming up  00:01:16 “What is Money?” Intro Music  00:01:25 “What is Money?” Intro Message  00:02:50 Do More with Your Digital Assets with Ledn  00:03:35 Secure Your Bitcoin Stash with The iCoin Hardware Wallet  00:04:32 Introducing Aneesh Karve  00:04:44 Problem with Categorizing People and Even Distribution of Resources  00:12:17 Playing with Statistics to Shape The Narrative  00:22:19 The Need for Accurate Measuring to Stop Inducing Class Warfare  00:27:31 Revealed Preferences vs Stated Preferences  00:32:18 Paying Attention to Reality and Rhetoric  00:38:26 What If You Take The Volatility Out of Bitcoin?  00:42:41 Failure of Central Planning and Taking Away Free Choice  00:50:20 Take Control of Your Healthcare with CrowdHealth  00:51:22 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet  00:51:57 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS  00:52:54 Replenish Your Body's Electrolytes with LMNT  00:53:45 Hold Bitcoin in the Most Secure Custody Model with Casa  00:54:33 The Fallacy of Composition  00:59:13 Survivorship Bias and Issues with Survey Data  01:04:21 The Differences Between Men and Women  01:09:32 Examples of Central Planning Problems  01:22:34 Fundamental Tension Between Statism and Libertarianism  01:24:53 Being Humble In The Face of Complexity  01:26:48 Why Proof of Stake is a "Rich Get Richer" Scheme  01:27:48 The Difference Between Capitalist and Socialist Economy  01:32:26 Thank God For Bitcoin  01:35:48 Dangerous Disconnect From Reality  01:39:22 "What is Money?" Outro 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?l... All My Current Work: https://vida.page/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/RBree... Dollars via Venmo: https://venmo.com/code?user_id=178435... The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431... RECOMMENDED BUSINESSES:  Ledn lets you do more with your digital assets: https://www.ledn.io/ Secure Your Bitcoin Stash with The iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/ Join Me At Bitcoin 2023 in Miami, and use discount code BREEDLOVE for a chance to win 10M sats: https://b.tc/conference Replenish Your Body's Electrolytes with LMNT: https://drinklmnt.com/breedlove Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/ Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/?sca_ref=2744763.jDn5JzDZxS Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com The Only Snack Bar I Will Eat—The Carnivore Bar: https://the-carnivore-bar.myshopify.com/?sca_ref=3135331.u66L01muXY