Order Without Organizations with Aneesh Karve (WiM141)

Entrepreneur and computer scientist Aneesh Karve joins me for a conversation on his latest written work "Order Without Organizations: Computation, Austrian Economics, and the Limits of Central Planning." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Aneesh's Twitter: https://twitter.com/akarve Aneesh's Written Work: https://akarve.com/complexity-austrian-economics-computational-limits-of-central-planning/ 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 00:00:08 What is the Goal? 00:02:25 Free Market as a “Distributed Computing Network” 00:08:03 “Mistaking the Cat for the Washing Machine” 00:11:53 Order & Taxes 00:17:05 Praxeology & Subjectivity 00:20:20 The Language of Markets 00:25:09 Formal Systems 00:28:22 Quantifying Capitalism 00:33:09 Ordinal Numbers & Cardinal Numbers 00:36:10 Price Signals 00:41:51 Equality 00:44:08 What is Wealth? 00:51:00 Thomas Sowell 00:53:26 Evenly Rotating Economy 00:57:09 Equality of Outcome 01:06:13 NYDIG 01:07:24 Public Property 01:14:28 Public Discerning the Truth 01:18:33 Marginal Utility & Diamond-Water Paradox 01:22:50 Price Discovery 01:29:06 Formulating Human Action 01:34:59 Algorithms 01:38:32 Central Planning 01:44:24 Fiat 01:49:44 Bitcoin as a Common Variable 01:53:58 Fighting Entropy in the Marketplace 01:59:20 Perfect Scarcity 02:01:33 The Irreducibility of the Market Process 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 Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/ Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/ Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack