I just find it ironic that the Mises Institute has had to digitize all this Austrian propaganda and give away for free over the internet, like Jehovah's Witnesses' literature or something, apparently because not enough people want to buy it. It MI doesn't have price signals to tell it how much of these digital media to produce, how can it do so without running into the Calculation Problem and creating economic chaos?
In the age of the internet, offering free and valuable content to your viewers is key to keep their attention. Everyone is doing it, not just the Mises Institute.
The Calculation problem is solved by private individuals. People at youtube create the pricing model for managing video traffic, the guys who make the microphones, cameras, etc. handle the pricing models for the equipment, etc. etc.
If the $costs < $benefits for using a tool, than it is profitable to do so.
"Imagine if there was a problem and the politician said: more liberty! And then an issue arose and the statesman said 'I think we need more liberty' and we didn't know what to do about that and the intellectual said 'Lets try more liberty.' "
Estonia's entire economic future was set in motion from the president having read 'Free to Choose' which was the only outside source of economic literature he got from within the soviet union. The ideas in that book have had a very real impact on Estonia and it's now one of the wealthiest ex-soviet states.
@Esoparagon I can second that, I'm from Finland and have visited Estonia a few times during the years and have to say that the progress Estonia has done during the last, lets say 10-15 years is amazing.
''Beneath this mask there is more than flesh. Beneath this mask there is an idea, Mr. Creedy, and ideas are bulletproof''-V for Vendetta I am not usually one to quote movies but this quote fits. If we can continue to widen the ideas of the Mises Institute and the Austrian School of Economics then there is still some hope for the US. I am glad I found Ron Paul and Peter Schiff (Austrian guys). They helped me invest out of the Dollar and leave the US(S)A. Only problem is most Americans dont care
Excellent presentation. But I can say the market has develop one particular digital good that scarce, the BitCoin, it is awesome, I'm not selling anything, it has no system owner or central authority. Look for at wikipedia for example, we'll be impressed.
Jeffrey Tucker never fails to inspire thought. I've tried to find something else comparable to his description of ideas. Life itself is the only force in the world that comes close in my mind to possessing the same qualities. Effective, real, infinitely reproducible, and malleable. Interestingly enough, living systems are also 'information' driven. The only hang up is on 'indestructible' which gets into the metaphysical. :)
What I think, every time I see a movie where someone has the knowledge and everyone else protects them, I always think, "Why don't they all just share knowledge or ideas?" That way, everyone has the potential to save.
Not sure if this is true, most cultures view knowledge and ideas as scarce. Teachers in education view education as scarce/sacred.
Jeffery Tucker is extremely brilliant and I am glad I got to come to know him, if a bit impersonally over these YouTube videos. Watching his interview with Tom Woods when I first saw him I really didn't think he was doing Tom any favors in the interview, but then something about Jeffery hinted at just how brilliant he really is, and I'm glad I got to see him do more interviews and give this talk online.
I am really inspired to learn more, these are extremely fascinating concepts and ideas.
Jeffrey Tucker speaks lucidly from, I get the impression, deep within his spirit. He actually brought a tear to my eye once or twice, especially quoting Augustine. I had been toying with the idea, half-formed, of what a free-market of ideas would be. I came across this talk, and it was like finding the light switch after stumbling in the dark. Well done, Mr. Tucker; I look forward to more, and more.
Hawking is following this nature of thinking. I did not misquote Hawking or take him out of context and have no interest in doing so. He does include metaphysics - studies in supernatural existence, the mind body relationship, nature of being - and what would be called continental philosophy. "What is the nature of reality? Where did all this come from." "Scientists have become the bearers of the torch of discovery in our quest for knowledge."
“Philosophy is a somewhat artificial discipline. It didn’t really exist until fairly recently. Until about the 19th century, there was no real difference between science and philosophy. It’s not clear that the distinction makes sense. I don’t have any philosophical view, and I don’t think there are such views. I think we ought to try to understand the world, understand ourselves, society, and do it by whatever methods there are... Physics has been changing to accommodate new phenomena.
Action is a property of the object or phenomenon we call a (conscious) human being as much as the property of 2 is 2. (let's not bring buddhism into this)
There is no need to test if the property of 2 is 2, in fact it would be utterly neurotic to do so.
There is nothing "religious" in that. (other than an irrelevant believe in existence and reality maybe)
"Well, roughly, you'd say science is what we know and philosophy is what we don't know. That's a simple definition and for that reason questions are perpetually passing over from philosophy into science as knowledge advances."
"When something is established it ceases to be philosophy and becomes science"?
"Yes, and all sorts of questions that used to be labelled philosophy are no longer so labelled."
Scientists and philosophers alike believe that truth cannot be reduced to merely believing something, and yet this is the verification Austrian "philosophers" give for their axioms. Furthermore, you say that you don't want to get mixed up in "religious philosophy" and that's exactly what Austrian economics is - it's based on the methodologies of the School of Salamanca, which is ancient 16th century Christian mythology.
Furthermore, knowledge is a true belief. Austrian economics dwell in mere beliefs - not true beliefs - which is merely the subjective mental acceptance that a belief is true. In this realm, it is possible to be firmly convinced that a belief is correct when it is not. There is a difference between beliefs that are based on evidence and those that are mere beliefs. Mere beliefs are beliefs for which the only evidence is the conviction itself. Mere belief "validates itself" - or attempts to.
Likewise, with philosophy, we don't necessarily use the methods of philosophers to discover wisdom. To find and acquire wisdom, we use the methods of science. Philosophy may mean "the love of wisdom," but wisdom means the fundamental understanding of reality - perhaps as it relates to our lives. The only way to understand reality is through the scientific method is through verification by the scientific method as I said.
Coming from a brilliant man like Hawking, his statement that "philosophy is dead" will have a profound impact on the zeitgeist. Serious subjects require the use of the scientific method which varies from field to field and can be used (of course) in social sciences like economics and political science.
_
"philosophy is dead
Austrian economics is a philosophy."
I'll leave that syllogism as an exercise for the "Mises University" students.
@successfulbuild "Philosophy is dead" I bet that S Hawking is misquoted here [he was probably referring to religious people hijacking philosophy] because the meaning of philosophy is the "love of wisdom" [greek word - philo=love and sophia=wisdom from which comes the word philosophy]. To say philosophy is dead is to say humans love for wisdom is dead, btw the we are known as homo sapiens [sapiens actually means wise in latin]
But yeah, the Libertarian conspiracy theorists are losing the battle even here on the internet as leftist websites are more popular (keep in mind thousands of Mises' media subscribers are fake accounts created by losers with no job).
_
This guy is right on one thing, though, that Mises was a philosopher, not a serious scholar. But as Stephen Hawking (a real intellectual) writes in his book "The Grand Design," "Philosophy is dead."
MisesMedia needs to change its format to "comedy channel." Alex Jones probably gets more hits to his website than this cult, and what does it prove? That there's a bunch of little kids who live with their parents that don't know any better than to believe what they read on the internet. But the truth movement is dying - it's LOSING support among the public. The AIDS denialist movement is dying. Something like half of the population believe in the devil, yet again Christianity is dying.
Interesting video, but ideas are a human resource, and humans are limited. If I want to make video games for a living, and it takes money to produce them, but not to distribute them, then I should sell them for free? How are skilled thinkers to be motivated to dedicate their time to thinking if it is not profitable? I don't believe in IP, but instead producers should employ by their own means ways to prevent people from not paying for their products. Maybe voluntary donation is the answer, INS.
@failedassassin Well the mises institute IS doing it. It's not a theory. As are numerous other places all over the Internet. Look at all the awesome flash games you can play that are totally free. Look at all the musicians who give out their stuff for free and rely on gigs for their money?
There was no copyright when leonardo da vinci was inventing things.
The human mind is naturally creative. The idea that patents and copyright encourage innovation is just a theory. It hasn't been proven.
@davyjames Leonardo De Vinci also wrote his notes on inventions backwards so people couldn't steal his ideas.
What I'm saying is though the government shouldn't enforce IP, we shouldn't decry producers who try to protect their own products from free distribution. Often times if the author of a game has gone to any lengths to protect his product (like putting up a password) people will respect that and pay them if it is reasonable. However, if it is explicitly open there is no social obligation.
@davyjames btw it was the Gratefull Dead who started that years ago by allowing people to record their gigs live when the other bands were working hard to prevent "pirates" from doing it.
Tucker, Woods, Block, North and Murphy are by far the best speakers of the LvMI stable. I could listen to these guys all day and be completely enthralled. I wish these guys would do more speaking engagements in the Great Lakes region, because it would be nice to talk to these guys face to face and pick their brains. Great speech Jeffrey, keep up the great work.
You've only heard half of the story - apparently Superman wasn't too pleased with the result of the first fight and decided to double down in a rematch where the loser would have to wear the other guy's tablecloth on his shoulders for the rest of his life.
I just find it ironic that the Mises Institute has had to digitize all this Austrian propaganda and give away for free over the internet, like Jehovah's Witnesses' literature or something, apparently because not enough people want to buy it. It MI doesn't have price signals to tell it how much of these digital media to produce, how can it do so without running into the Calculation Problem and creating economic chaos?
MrAdvancedAtheist 1 month ago
@MrAdvancedAtheist
In the age of the internet, offering free and valuable content to your viewers is key to keep their attention. Everyone is doing it, not just the Mises Institute.
The Calculation problem is solved by private individuals. People at youtube create the pricing model for managing video traffic, the guys who make the microphones, cameras, etc. handle the pricing models for the equipment, etc. etc.
If the $costs < $benefits for using a tool, than it is profitable to do so.
KyleSkullz 1 month ago
"Imagine if there was a problem and the politician said: more liberty! And then an issue arose and the statesman said 'I think we need more liberty' and we didn't know what to do about that and the intellectual said 'Lets try more liberty.' "
Lets go back to that world!
Skyler827 5 months ago
Human Action was a brilliant, though rather opaque, piece of work! I enjoyed what I learned from it.
whiff1962 5 months ago
Jeffrey Tucker is a real life version of Professor X minus the paralysis.
HanStanwell 5 months ago
Estonia's entire economic future was set in motion from the president having read 'Free to Choose' which was the only outside source of economic literature he got from within the soviet union. The ideas in that book have had a very real impact on Estonia and it's now one of the wealthiest ex-soviet states.
Esoparagon 7 months ago 3
@Esoparagon I can second that, I'm from Finland and have visited Estonia a few times during the years and have to say that the progress Estonia has done during the last, lets say 10-15 years is amazing.
fredu89 2 months ago
@fredu89 Awesome! Thanks for that juicy anecdote. I hope they continue on the path. :D
Esoparagon 2 months ago
''Beneath this mask there is more than flesh. Beneath this mask there is an idea, Mr. Creedy, and ideas are bulletproof''-V for Vendetta I am not usually one to quote movies but this quote fits. If we can continue to widen the ideas of the Mises Institute and the Austrian School of Economics then there is still some hope for the US. I am glad I found Ron Paul and Peter Schiff (Austrian guys). They helped me invest out of the Dollar and leave the US(S)A. Only problem is most Americans dont care
msungs 7 months ago
You know, the stuff with ideas matter and are becoming immortal is a thing I also see when peeking at some of Kants works.
joeseth05 8 months ago
Comment removed
enriquedacostacambio 8 months ago
Excellent presentation. But I can say the market has develop one particular digital good that scarce, the BitCoin, it is awesome, I'm not selling anything, it has no system owner or central authority. Look for at wikipedia for example, we'll be impressed.
enriquedacostacambio 8 months ago
This has been flagged as spam show
@AUSM92
"Can you or anyone give me a summary of the speech?"
Think, Speak, and Act because idea's move the world we live in. :)
TheFreebourne 9 months ago
I want that tie...
CalvinJGreen 9 months ago
I found Misesmedia just yesterday. Already, I have a new role model in life. J. Tucker is the epitome of an intellectual.
Porojukaha 9 months ago 4
@Porojukaha by the way. Im one of the youth he was talking about.
Porojukaha 9 months ago
Jeffrey Tucker never fails to inspire thought. I've tried to find something else comparable to his description of ideas. Life itself is the only force in the world that comes close in my mind to possessing the same qualities. Effective, real, infinitely reproducible, and malleable. Interestingly enough, living systems are also 'information' driven. The only hang up is on 'indestructible' which gets into the metaphysical. :)
TheFreebourne 10 months ago
This man is simply brilliant to listen to .
Esoparagon 10 months ago
What I think, every time I see a movie where someone has the knowledge and everyone else protects them, I always think, "Why don't they all just share knowledge or ideas?" That way, everyone has the potential to save.
Not sure if this is true, most cultures view knowledge and ideas as scarce. Teachers in education view education as scarce/sacred.
Mises sounds like an insanely bright guy.
Shrunkenhead61 10 months ago
Tucker wants to create more people like himself so he can chop off their heads and take their Quickening.
JulianConrad666 10 months ago
Only two things in this world indestructible and enternal... ideas and Jeffery Tucker!
darklordsma 1 year ago
Jeffery Tucker is extremely brilliant and I am glad I got to come to know him, if a bit impersonally over these YouTube videos. Watching his interview with Tom Woods when I first saw him I really didn't think he was doing Tom any favors in the interview, but then something about Jeffery hinted at just how brilliant he really is, and I'm glad I got to see him do more interviews and give this talk online.
I am really inspired to learn more, these are extremely fascinating concepts and ideas.
Forsakren 1 year ago
Fantasic.
chris3443 1 year ago
Is this guy the new Chuck Norris?
butteryblue 1 year ago 4
Jeffrey Tucker is the only man in the world that can punch you in the back of your face.
themagus187 1 year ago
Jeffrey Tucker speaks lucidly from, I get the impression, deep within his spirit. He actually brought a tear to my eye once or twice, especially quoting Augustine. I had been toying with the idea, half-formed, of what a free-market of ideas would be. I came across this talk, and it was like finding the light switch after stumbling in the dark. Well done, Mr. Tucker; I look forward to more, and more.
deasler81 1 year ago 4
Comment removed
HelpWakePeopleUp 1 year ago
Hawking is following this nature of thinking. I did not misquote Hawking or take him out of context and have no interest in doing so. He does include metaphysics - studies in supernatural existence, the mind body relationship, nature of being - and what would be called continental philosophy. "What is the nature of reality? Where did all this come from." "Scientists have become the bearers of the torch of discovery in our quest for knowledge."
successfulbuild 1 year ago
“Philosophy is a somewhat artificial discipline. It didn’t really exist until fairly recently. Until about the 19th century, there was no real difference between science and philosophy. It’s not clear that the distinction makes sense. I don’t have any philosophical view, and I don’t think there are such views. I think we ought to try to understand the world, understand ourselves, society, and do it by whatever methods there are... Physics has been changing to accommodate new phenomena.
successfulbuild 1 year ago
Comment removed
j4ck2234 1 year ago
This has been flagged as spam show
@successfulbuild
Action is a property of the object or phenomenon we call a (conscious) human being as much as the property of 2 is 2. (let's not bring buddhism into this)
There is no need to test if the property of 2 is 2, in fact it would be utterly neurotic to do so.
There is nothing "religious" in that. (other than an irrelevant believe in existence and reality maybe)
j4ck2234 1 year ago
@successfulbuild
+sry about all the removed comments, youtube hates me or at least my computer.
j4ck2234 1 year ago
But either you succeed or you fail. If you fail you’ve got problems. If you succeed, it’s part of physics. I don’t see any other question."
— ‘The Cognitive Revolution, II’ (1988). In Language and Politics, ed. Carlos Otero, 1988, pp.753-4.
successfulbuild 1 year ago
"Well, roughly, you'd say science is what we know and philosophy is what we don't know. That's a simple definition and for that reason questions are perpetually passing over from philosophy into science as knowledge advances."
"When something is established it ceases to be philosophy and becomes science"?
"Yes, and all sorts of questions that used to be labelled philosophy are no longer so labelled."
successfulbuild 1 year ago
Scientists and philosophers alike believe that truth cannot be reduced to merely believing something, and yet this is the verification Austrian "philosophers" give for their axioms. Furthermore, you say that you don't want to get mixed up in "religious philosophy" and that's exactly what Austrian economics is - it's based on the methodologies of the School of Salamanca, which is ancient 16th century Christian mythology.
successfulbuild 1 year ago
Comment removed
j4ck2234 1 year ago
Comment removed
j4ck2234 1 year ago
Furthermore, knowledge is a true belief. Austrian economics dwell in mere beliefs - not true beliefs - which is merely the subjective mental acceptance that a belief is true. In this realm, it is possible to be firmly convinced that a belief is correct when it is not. There is a difference between beliefs that are based on evidence and those that are mere beliefs. Mere beliefs are beliefs for which the only evidence is the conviction itself. Mere belief "validates itself" - or attempts to.
successfulbuild 1 year ago
Comment removed
j4ck2234 1 year ago
Comment removed
j4ck2234 1 year ago
Likewise, with philosophy, we don't necessarily use the methods of philosophers to discover wisdom. To find and acquire wisdom, we use the methods of science. Philosophy may mean "the love of wisdom," but wisdom means the fundamental understanding of reality - perhaps as it relates to our lives. The only way to understand reality is through the scientific method is through verification by the scientific method as I said.
successfulbuild 1 year ago
I'm really glad I subscribed to misesmedia.
Cettywise 1 year ago 6
Where can I find those kindle files on mises org? I would be most grateful.
Alard1649 1 year ago
I always though that our ideas went through transitive change of the tangible world via our action upon the environment and our mind
EvilResult 1 year ago
Coming from a brilliant man like Hawking, his statement that "philosophy is dead" will have a profound impact on the zeitgeist. Serious subjects require the use of the scientific method which varies from field to field and can be used (of course) in social sciences like economics and political science.
_
"philosophy is dead
Austrian economics is a philosophy."
I'll leave that syllogism as an exercise for the "Mises University" students.
successfulbuild 1 year ago
@successfulbuild "Philosophy is dead" I bet that S Hawking is misquoted here [he was probably referring to religious people hijacking philosophy] because the meaning of philosophy is the "love of wisdom" [greek word - philo=love and sophia=wisdom from which comes the word philosophy]. To say philosophy is dead is to say humans love for wisdom is dead, btw the we are known as homo sapiens [sapiens actually means wise in latin]
dynomyght 1 year ago
This has been flagged as spam show
@dynomyght Humans are homo sapiens sapiens actually, so apparently we are the "wise wise" species then?
_ Professing themselves to be wise, they became fools, Romans 1:22. Just because you claim something, does not make it so.
successfulbuild 1 year ago
But yeah, the Libertarian conspiracy theorists are losing the battle even here on the internet as leftist websites are more popular (keep in mind thousands of Mises' media subscribers are fake accounts created by losers with no job).
_
This guy is right on one thing, though, that Mises was a philosopher, not a serious scholar. But as Stephen Hawking (a real intellectual) writes in his book "The Grand Design," "Philosophy is dead."
successfulbuild 1 year ago
MisesMedia needs to change its format to "comedy channel." Alex Jones probably gets more hits to his website than this cult, and what does it prove? That there's a bunch of little kids who live with their parents that don't know any better than to believe what they read on the internet. But the truth movement is dying - it's LOSING support among the public. The AIDS denialist movement is dying. Something like half of the population believe in the devil, yet again Christianity is dying.
successfulbuild 1 year ago
Interesting video, but ideas are a human resource, and humans are limited. If I want to make video games for a living, and it takes money to produce them, but not to distribute them, then I should sell them for free? How are skilled thinkers to be motivated to dedicate their time to thinking if it is not profitable? I don't believe in IP, but instead producers should employ by their own means ways to prevent people from not paying for their products. Maybe voluntary donation is the answer, INS.
failedassassin 1 year ago
@failedassassin Well the mises institute IS doing it. It's not a theory. As are numerous other places all over the Internet. Look at all the awesome flash games you can play that are totally free. Look at all the musicians who give out their stuff for free and rely on gigs for their money?
There was no copyright when leonardo da vinci was inventing things.
The human mind is naturally creative. The idea that patents and copyright encourage innovation is just a theory. It hasn't been proven.
davyjames 1 year ago
@davyjames Leonardo De Vinci also wrote his notes on inventions backwards so people couldn't steal his ideas.
What I'm saying is though the government shouldn't enforce IP, we shouldn't decry producers who try to protect their own products from free distribution. Often times if the author of a game has gone to any lengths to protect his product (like putting up a password) people will respect that and pay them if it is reasonable. However, if it is explicitly open there is no social obligation.
failedassassin 1 year ago
@failedassassin Can't disagree with anything you wrote :)
davyjames 1 year ago
@davyjames btw it was the Gratefull Dead who started that years ago by allowing people to record their gigs live when the other bands were working hard to prevent "pirates" from doing it.
doughtymqan 1 year ago
It's always a pleasure listening to Jeff Tucker.
MengersDisciple 1 year ago
Tucker, Woods, Block, North and Murphy are by far the best speakers of the LvMI stable. I could listen to these guys all day and be completely enthralled. I wish these guys would do more speaking engagements in the Great Lakes region, because it would be nice to talk to these guys face to face and pick their brains. Great speech Jeffrey, keep up the great work.
KSTCBH23 1 year ago
bravo so much more real and interesting then most speakers thank you
discterb 1 year ago
Wonderful speaker
imyourgod2 1 year ago
Ideas are, sadly, destructible.
With the exception of fragments of a calendar, the whole Mayan system of written thought is irreproducibly lost forever.
richardcadbury 1 year ago
Excellent presentation of the principals of the institute!
bunkermunk 1 year ago
I couldn't help but to applaud at home as silly as it was, nice work Mr Tucker
PumpkinJoe999 1 year ago
my new favorite talking head
pretorious700 1 year ago
He definitely challenged some of my views and I always enjoy hearing Tucker speak. This time was no different. :-)
kmg501 1 year ago
i thought i was the only one who viewed the lectures during dinner
surrealnumber 1 year ago
Brilliant, simply brilliant.
Prometheusforliberty 1 year ago 4
Highly recommended!
furyofbongos 1 year ago 4
oh! and wonderful speech jeff!
ourmanthejoker 1 year ago
Mises.org's traffic information can be found here
alexa.com/siteinfo/mises.org#
ourmanthejoker 1 year ago
This is going to be an immortal speech.
tacotank10 1 year ago 9
Jeffrey Tucker and Superman once fought each other on a bet. The loser had to start wearing his underwear on the outside of his pants.
suedeslounge 1 year ago 88
@suedeslounge lmao
NARCOPOLO76 1 year ago
@suedeslounge i heard he could divide by zero.
NARCOPOLO76 1 year ago 2
@suedeslounge
You've only heard half of the story - apparently Superman wasn't too pleased with the result of the first fight and decided to double down in a rematch where the loser would have to wear the other guy's tablecloth on his shoulders for the rest of his life.
marcabela 1 year ago 7
Some people wear Superman pajamas. Superman wears Jeffrey Tucker pajamas.
suedeslounge 1 year ago 68