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/GUESTAneesh's Twitter: https://twitter.com/akarveAneesh's Written Work: https://akarve.com/complexity-austrian-economics-computational-limits-of-central-planning/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 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 & Taxes00:17:05 Praxeology & Subjectivity00:20:20 The Language of Markets00:25:09 Formal Systems00:28:22 Quantifying Capitalism00:33:09 Ordinal Numbers & Cardinal Numbers00:36:10 Price Signals00:41:51 Equality00:44:08 What is Wealth?00:51:00 Thomas Sowell00:53:26 Evenly Rotating Economy00:57:09 Equality of Outcome01:06:13 NYDIG01:07:24 Public Property01:14:28 Public Discerning the Truth01:18:33 Marginal Utility & Diamond-Water Paradox01:22:50 Price Discovery01:29:06 Formulating Human Action01:34:59 Algorithms01:38:32 Central Planning01:44:24 Fiat01:49:44 Bitcoin as a Common Variable01:53:58 Fighting Entropy in the Marketplace01:59:20 Perfect Scarcity02:01:33 The Irreducibility of the Market ProcessSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass 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-2022-26217Automatic 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