Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)

Entrepreneur Aneesh Karve joins me for a continuation of our detailed conversation about the book "Discrimination and Disparities," written by Thomas Sowell. We discuss the issues with the government's central planning and its consequences.

GUEST:
Aneesh's Twitter: https://twitter.com/akarve
Discrimination and Disparities: https://www.amazon.com/Discrimination-and-Disparities-audiobook/dp/B078N861YQ/ref=sr_1_1?keywords=discrimination+and+disparities&qid=1660844142&sr=8-1

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?
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

Outline:
00:00:00 “What is Money?” Intro Music
00:00:08 “What is Money?” Intro Message
00:01:40 Do More with Your Digital Assets with Ledn
00:02:24 The Debunking of Invincible Fallacy
00:04:22 No Discrimination Doesn't Equal No Disparity
00:06:54 The Sorting and The Unsorting of People
00:11:44 Why Humans Don't Need a Centralized System of Control To Coexist
00:15:43 Example of People's Self-Sorting Behaviour
00:18:32 Correlation in IQ Between Husbands and Wives
00:19:56 Hidden Consequences of Government's Central Planning
00:26:33 The Line Between Self-interest and Greed
00:34:28 Costs of Unsorting People
00:36:54 "You Must Induce Class Warfare To Seize Power"
00:39:55 How Governments Use "Equality" To Gain Power
00:44:48 The Naivety of Invincible Fallacy
00:46:57 Equal Rules vs Equal Outcomes
00:52:44 Take Control of Your Healthcare with CrowdHealth
00:53:46 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:54:21 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
00:55:18 Hold Bitcoin is the Most Secure Custody Model with Casa
00:56:06 Technological Leap Forward To Get Out of Political Domain
00:59:58 Ethereum vs Bitcoin and Why Simplicity Under The Law Wins
01:05:52 Why Marxism Dislikes Reality
01:08:19 Free Market Capitalism As an Antidote To The Harsh Realities of The World
01:12:00 What’s Wrong With The Proof of Stake System And Central Planning
01:13:32 Central Planners Keep "Shoulding" All Over Everyone
01:15:38 The Importance of Having a Precise Discourse As a Society
01:19:38 The Argument Between Central Planners And Libertarians
01:22:38 Problems With Central Planning
01:27:45 Terrible Hidden Consequences of No Costs in Bad Decision Making
01:33:43 The Best Antidote To Super Monopolies
01:40:02 "What is Money?" Outro

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
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://account.venmo.com/u/Robert-Breedlove-2
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true

RECOMMENDED BUSINESSES:
Ledn lets you do more with your digital assets: https://www.ledn.io/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami, and use discount code BREEDLOVE for a chance to win 10M sats: https://b.tc/conference/
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE):
https://thebitcoinclothingcompany.com/?sca_ref=2744763.jDn5JzDZxS
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com
The Only Snack Bar I Will Eat—The Carnivore Bar: https://the-carnivore-bar.myshopify.com/?sca_ref=3135331.u66L01muXY