 In this course, that'll kind of be the culmination of the courses, applying these principles and this approach of this preference-based approach of looking at human action and using that to logically come up with price theory and how market prices can form. Mises has this great quote where he talks about that price theory, that the formation of prices, that the price system isn't fundamentally about distributing goods in a certain way, a given set of goods in a given sort of way, that ultimately that it's about guiding production. And so then later when you talk about the profit and loss and you bring prices into exploring a market economy, then you can really see how everybody ends up better off with this system. And so that will be what's really exciting about the second course. And so in the first course, like you said, you automatically see just the mutual advantages of a free exchange. And so that in and of itself is really inspiring in terms of capitalism and private property. But what's really fascinating to me about this first course is just the logic of it, is just taking rational young people through the logic of thinking about action and preferences and actually coming up with a very non-obvious price theory that it is based on kind of tautologically, like you said, just like the Pythagorean theorem is based on these very basic axioms, but it's not obvious. And so it's just really I have a daughter and I just can't wait until she grows up and gets old enough to be able to walk through the logic of this where you're having the rigorous logical thinking that you apply in geometry, but it's applied to people, to living people. So it's really exciting about this course. Well yeah, I appreciate those kind of words and I agree with you that the subject matter is kind of amazing because you're right, if you just grabbed a seventh grader without being exposed to economics and said, okay, if we had a bunch of kids and they had various combinations of candy bars and they started trading, explained to me how would the ratios work? Like why would one snicker trade for three months? And they probably would say, well, because I guess people like snickers more. And you say, okay, but and you'd walk through all sorts of problems with that that would then if they like stickers, why would a person with Snickers ever trade away Snickers if he likes Snickers more? And they go, oh, well, what I meant was they, you know, and they would so you'd be back in a minute or quite and they would realize they weren't sure and and then so what we're doing here is about if someone takes this course, they will be in a much better position and understand crystal clear how it is that people enter a market with what they come to market with, see the opportunities available and then exchange buy and sell and that we'd understand the principles governing that sort of interaction. And that's where market prices come from. And then like you say in later courses, we'll see just how important it is for the to be market prices. But what we're doing this first one is just establishing from the logic of action. This is where market prices come from. We can explain market prices and you don't need anything else. We can give it to you all in this course. Just you got to walk through with me through these arguments and you'll you'll grasp it yourself because it's just I'm asking you just to think it through. Thank you. That's great. So the Mises Academy is an online course, I mean, an online program. And now there are lots of online programs that are making big news. There's the Khan Academy, which started out as mostly math videos by Salman Khan, and that has that has revolutionized a lot of of homeschooling programs and math classes throughout the country. There's there are what's called MOOCs, massively open online courses. So these organizations like Coursera and Udacity and EdX where there are, like it like it says, massively open, where it's free and people from all around the world can come in. And so they'll have these courses with these huge enrollments of like just like a thousand people or something like that. And and so it's it's really exciting to a lot of people, especially with just with the failures of of K-12 public education in this country and skyrocketing education, higher education costs. What what do you see in the in the future of education, especially with regard to online education? Well, I'm really excited about it. I spent three years teaching in a regular college environment. And when I was there, I mean, I walked away thinking there's there's twice as many people going to college as it should be, in other words, in my class. And I was even at a pretty, you know, selective liberal arts school. And I just thought kind of thought half the people shouldn't be here. And sometimes when people hear that there's, oh, what are you saying? They're stupid. And no, that's not what I'm saying at all. I'm just saying there's no reason that that many people need to be going and taking four year getting four year degrees, or at least the way the system is currently playing out. It doesn't make any sense. And just to say, well, what if it just became expected that everybody before entering the workforce would go get a PhD in something and that that's when you first apply for your first real job as a grown-up? You'd have a PhD in some field. Everyone could agree that would be absurd. That'd be crazy. And to say that doesn't mean, oh, because, you know, not everyone's smart enough. It just means there'd be a waste of their time. Why would they do that? And that's what I'm saying is true at the college level and that if you didn't have all the government support and so forth. So what needs to change is I think employers have to understand and stop expecting, you know, when someone applies for a job and they don't have, he or she doesn't have an official degree from some four year institution, that that shouldn't be the kiss of death. That, you know, I think more and more employers are starting to realize that it's not necessarily a signal that this person, you know, is undisciplined or must have been a troubled child or something that they might realize. Well, no, it's ridiculous how expensive college is. And maybe this person was, you know, if they have four years of work experience. So two candidates who are the same in all respects of one kid spent the last four years getting a degree in English. The other kid worked, you know, as a mechanic somewhere. Well, maybe that kid has a lot more practical skills. So that's, I think, where the country is going and probably the world as well. I'm not as familiar with other countries, but that's certainly what's happening here. So online education, I think is great because there's instant feedback. Because that's the problem, too, with education is so you go to school and then for your major, you have all these requirements and okay, well, I got to take this course and this course and then well, gee, I got to take Professor So-and-So with time o'clock because that's the only thing that fits my schedule and I need that class, even though I can't stand Professor So-and-So and I've heard he's a horrible teacher. That doesn't happen with online education that especially when it's not accredited where people, you know, I know people are taking my courses at the Mises Academy right now, at least when we're because they want to learn and they think it's worth it to them and that makes me enthusiastic because I know they're there to learn. Whereas in my courses, you know, I found that I was much more excited to go in and teach to upper level economics majors who had taken my course when they didn't have to because I knew they were signing up because they liked the way I taught and they knew they were going to learn a lot and so I'd be excited to show up and have the eight kids in that course, you know, Austrian tour, game theory, whatever I was teaching to the economics majors because they didn't have to take that. Whereas if I'd show up for a principal's course and I knew there were a lot of MBA students in there that had to take me and they're bored out of their minds and they hated it and I started hating it too because I was almost apologetically, sorry guys, we've got to cover this stuff and it was just, it was bad and so that's, you don't get that with online education, everyone's there because the people want to be there and then you can teach what you want and there's like I say that's because of the availability people can shift around and so the good teachers are going to be able to attract bigger students and that you have the whole world potentially as your customer base and so you can afford and make sense to offer very refined courses on almost obscure topics because there's enough people on planet Earth that might be interested to make it worthwhile to offer that. Yeah, well, we'll have to have a whole other podcast just on the future of education because it's a really fascinating topic and you've got great ideas about it and I just want to encourage everybody to sign up for Professor Murphy's upcoming course, The Basics of Economics, Action and Exchange, you can enroll at academy.mesis.org and thank you all so much for talking with us. Thanks for having me, Danny.