Episode · Lex Fridman Podcast · 2024-11-20
Books mentioned on #453 – Javier Milei: President of Argentina – Freedom, Economics, and Corruption
Javier Milei is the President of Argentina. This episode is available in both English and Spanish.
Books mentioned, in the order they came up
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Monopoly and Competition (Intro to Free Market Econ Ser 1 Cassette/313)
Discussed“so in that context I remember that one of the people who worked on my team suggested I read an article by Murray Newton rothbart called Monopoly and competition I remember reading it like it was today and after reading it carefully I said everything I've T about Market structure in the last 20 years in courses on microeconomics is”
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Human Action
Human Action by Ludwig von Mises, co-edited with Bettina Bien Greaves, is a monumental economic treatise that serves as a foundational text for Austrian economics and libertarian theory.
Discussed“and I remember for example the experience of reading Human Action by mises and this was a book that I didn't know about and I remember that on the following weekend I started to read this book right from the first page and I didn't stop until I finished it and that was a true revolution in my head”
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Principles of economics
Principles of Economics by Carl Menger is a foundational economic text that established the Austrian School of Economics and introduced the revolutionary concept of marginalism.
Discussed“and another book that was a very significant influence and impact on me was the principles of political economics by manger it was truly eye openening”
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Time and Money
Discussed“the only thing I had read about the Austrian school until then had been money and time a very good book by Garrison”
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Money, Bank Credit, and Economic Cycles
Money, Bank Credit, and Economic Cycles by Nicol%s Huerta de Soto is a rigorous treatise from the Austrian School of Economics that analyzes the mechanics of banking systems, credit expansion, and economic fluctuations.
Recommended“I had a vague idea about the Austrian School; the only thing I had read about the Austrian School until then had been 'Money, Bank Credit, and Economic Cycles,' a very good book by Jesús Huerta de Soto.”
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The book of Exodus
The Book of Exodus is a foundational biblical text detailing the Israelites' enslavement in Egypt, their dramatic liberation, and the giving of the law at Mount Sinai.
Discussed“that is an idea that failed with malus at the beginning of the 19th century a murderous idea that was also applied by the Egyptians against the Jews and this is famously recorded in the book of shamot or Exodus”
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Socialism
"Socialism" by Ludwig Von Mises is a classic economic treatise that critiques collectivist systems and examines the central mechanisms of market economies.
Discussed“in essence socialism and this is what mises condemns in his book socialism shows is that without private property prices cease to exist and therefore resources are diverted”
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The Road to Serfdom
The Road to Serfdom by F.
Discussed“and he also pointed out and this is proven in Hayek's book The Road to serom that any Middle Ground solution is unstable in terms of capitalism meaning it tends towards socialism”
Other mentions in this episode (1) — ad reads, self-promotion and passing references, never counted
“This idea failed with Malthus at the beginning of the 19th century, and it was a murderous idea applied by the Egyptians against the Jews, famously recorded in the book of Exodus.”