Michael Matulef

https://linktr.ee/michaelmatulef

Know Thyself | Everything Voluntary✌️ | Follow the Tao

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Last Notes

2024-08-14 21:13:36

- reply

It’s not about being "most correct" but understanding that economic phenomena arise from complex, subjective interactions, making precise predictions impossible. The Austrian method emphasizes the limits of economic knowledge, rejecting the idea of economics as a purely objective science, and instead view it as a process of discovering and interpreting human action.

2024-08-04 00:10:25

- reply

Thanks! I'm truly blessed. 🙏

2024-08-01 23:02:44

❤️❤️❤️ 854992 ❤️❤️❤️

2024-07-31 13:56:52

Fascism is the stage reached after communism has proved an illusion.
- Friedrich Hayek

2024-07-31 02:51:58

https://image.nostr.build/28ee7fda1a13a0fa2767aacf21ab803af799168c1b4ae51e9eb08b78626535e0.jpg

2024-07-30 10:46:49

Know Thyself
@nprofile…3tqm
https://image.nostr.build/8ba0322875808b232321cfb7aa92e3aaa9021b268b6e355e04c5c807894e726a.jpg

2024-07-29 15:31:53

As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.
-Ludwig von Mises

2024-07-29 12:19:15

One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again.
- Thomas Sowell

2024-07-29 02:42:41

Alexis de Tocqueville: The Dangers of Democracy!
https://youtu.be/K3jrTf0OdkE

2024-07-27 22:36:57

https://image.nostr.build/fb59b8e123e50a089355385deeb23ef82e4cee0f545357767888a491508a9bb9.jpg

2024-07-27 17:21:02

https://open.spotify.com/track/5N0lcnJTtKj4wNDvurHige

2024-07-27 17:00:08

https://video.nostr.build/a3c175213d4fbcfb42a0f4ee413617d7a5f5cd720168bb73d2f841f1288efb10.mp4

2024-07-26 20:15:10

Kamala's Palace Coup | Radio Rothbard
https://fountain.fm/episode/F8r3mtP8ypK12Z99JWSr

2024-07-26 17:19:22

The welfare of a people lies not in casting other peoples down but in peaceful collaboration.
- Mises

2024-07-25 23:08:33

https://fountain.fm/episode/lu9hVeR9Z8ulWuxY55HI

2024-07-24 23:59:50

I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them. I am free because I know that I alone am morally responsible for everything I do.
Robert A. Heinlein

2024-07-20 15:50:57

The main achievement of economics is that it has provided a theory of peaceful human cooperation.
- Ludwig von Mises

2024-07-19 12:56:10

https://image.nostr.build/82ac9f6475e28db02fa1272971e44b259e26113169342d9cb6b40dff889ab593.jpg

2024-07-18 12:05:55

https://image.nostr.build/6da6d3729049af701907f69fd61aa43b164d9cdd57f850139aa432a260fa4588.jpg

2024-07-15 21:50:49

The Politically Incorrect Guide to American History: The 20th Anniversary
https://fountain.fm/episode/ueUArIO2HnNt87ZHVmsZ

2024-07-15 12:24:57

GM ☕
https://image.nostr.build/fd8e020760ab3fa450466d20add209e12542f8abaa76ac1c7f9591683eb658be.jpg

2024-07-14 15:34:22

https://image.nostr.build/763ef4e9e8d5bfde270ca4a75f6442dbdda71fe96557abcb628ea8943244a7ba.jpg

2024-07-14 13:46:20

https://video.nostr.build/ad002b36a8948ab649ed8059ccaa0a92a914388c8cc465ad56579147831476b7.mp4

2024-07-14 13:14:34

https://image.nostr.build/86c3900afccbd9eb0f2a48a4311d0c3d04d411aca970eb039da88c72568204c2.jpg

2024-07-13 19:41:59

https://media.tenor.com/iV2AcHgy0uMAAAAM/so-good.gif
#nevent1q…mm2m

2024-07-13 01:16:53

https://video.nostr.build/f3625231cd8b295d8c7fabc882ae515323dddcc65fbf42aea369c890938af5b1.mp4

2024-07-12 17:04:17

https://image.nostr.build/c376094049b8b654bc64361da367228c9c6a3dadb3c696893980649a7274a3d6.jpg

2024-07-12 02:24:08

@nprofile…s8zt
https://image.nostr.build/f157b9db72509300388327a53183e73d5f54d9ca0d02d7580767c3827b992852.jpg

2024-07-10 15:43:05

Nobody Cares About the Federal Debt
https://fountain.fm/episode/LvaQuDKn0vQD7Ya6A537

2024-07-10 02:17:18

- reply

🫡

2024-07-09 22:39:34

Tackling More of Robert Reich's 'Economic Myths'
https://fountain.fm/episode/RHAZNiAULQfV55FdvgEL

2024-07-08 19:41:49

https://image.nostr.build/d3c2cc98402540de6d6a9a734475784232aedf4b5186a9715f21b3372d6af18a.jpg

2024-07-06 05:24:48

https://image.nostr.build/4e37925f5a1ab5bad1f9b49e578d246777c5536267f235b97ae6cf7a6c9e41c3.jpg

2024-07-05 12:00:52

https://image.nostr.build/ac5fcd5bb728a72eef650a120706a6d453757ddf9407d3a513b7d4279f041ede.jpg

2024-07-04 18:52:59

@nprofile…kx2h
https://image.nostr.build/92771bbde8e44816ff30609c7db8d463e0d0865f8555cf84ce84024bc182e379.jpg

2024-07-04 12:39:46

Once one concedes that a single world government is not necessary, then where does one logically stop at the permissibility of separate states? If Canada and the United States can be separate nations without being denounced as in a state of impermissible ‘anarchy’, why may not the South secede from the United States? New York State from the Union? New York City from the state? Why may not Manhattan secede? Each neighbourhood? Each block? Each house? Each person?
- Murray Rothbard

2024-07-04 05:02:20

Secession is a peaceful means of minimizing political violence and allowing different groups of people to live under different political systems.

2024-07-03 17:31:53

https://youtu.be/f73A94rCdv0

2024-07-03 12:08:10

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There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a self-appointed elite of supermen. In such vital matters blind reliance upon “experts” and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.
Very few are capable of contributing any consequential idea to the body of economic thought. But all reasonable men are called upon to familiarize themselves with the teachings of economics. This is, in our age, the primary civic duty.
Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
- Mises
https://mises.org/mises-wire/austrian-schools-deductive-approach-beacon-economic-understanding

2024-07-03 12:02:45

How to Win Arguments, with Gene Epstein
https://fountain.fm/episode/5B9W3MQuAsxkbapjaXpG

2024-07-02 18:27:16

The control of the production of wealth is the control of human life itself.
- Hilaire Belloc

2024-07-02 15:24:54

https://image.nostr.build/4563803997eb3f1f55e134b03db8c4a7fad346d75a6d66a6325cb33f110bf8d1.jpg

2024-07-02 14:10:30

Love peace more than you love force, conflict, compulsion, and intolerance. Work toward a society in which individuals choose to do right because they want to, not because they’re forced to.
— Lawrence W. Reed

2024-07-01 19:55:04

The point which is so important is the basic fact that it is impossible for any man to survey more than a limited field, to be aware of the urgency of more than a limited number of needs. Whether his interests center round his own physical needs, or whether he takes a warm interest in the welfare of every human being he knows, the ends about which he can be concerned will always be only an infinitesimal fraction of the needs of all men.
This is the fundamental fact on which the whole philosophy of individualism is based. It does not assume, as is often asserted, that man is egoistic or selfish or ought to be. It merely starts from the indisputable fact that the limits of our powers of imagination make it impossible to include in our scale of values more than a sector of the needs of the whole society, and that, since, strictly speaking, scales of value can exist only in individual minds, nothing but partial scales of values exist--scales which are inevitably different and often inconsistent with each other. From this the individualist concludes that the individuals should be allowed, within defined limits, to follow their own values and preferences rather than somebody else's; that within these spheres the individual's system of ends should be supreme and not subject to any dictation by others. It is this recognition of the individual as the ultimate judge of his ends, the belief that as far as possible his own views ought to govern his actions, that forms the essence of the individualist position.
- F.A. Hayek

2024-07-01 19:20:39

It is no exaggeration to say that if we had had to rely on conscious central planning for the growth of our industrial system, it would never have reached the degree of differentiation, complexity, and flexibility it has attained. Compared with this method of solving the economic problem by means of decentralization plus automatic coordination, the more obvious method of central direction is incredibly clumsy, primitive, and limited in scope. That the division of labor has reached the extent which makes modern civilization possible we owe to the fact that it did not have to be consciously created but that man tumbled on a method by which the division of labor could be extended far beyond the limits within which it could have been planned. Any further growth of its complexity, therefore, far from making central direction more necessary, makes it more important than ever that we should use a technique which does not depend on conscious control.
- F.A. Hayek

2024-07-01 01:35:21

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
- Thomas Sowell

2024-06-30 17:25:46

https://image.nostr.build/6ab59d0990b1c98d113774205b213d36a9e198282a14073c46481c2d27c717fe.jpg

2024-06-30 03:09:48

Much of the secret of life consists in knowing how to laugh, and also how to breathe.
- Alan Watts

2024-06-29 20:48:55

Debate Recap: The Funeral of Joe Biden
https://youtu.be/lmyll6Yfjh4

2024-06-29 14:19:35

- reply

The inflation was so intense that people began to celebrate the soaring stock market, seeing it as a sign of prosperity rather than a symptom of economic collapse.

2024-06-29 14:08:04

https://image.nostr.build/3baea7cf519778ea7fe1ba46442e837b84dfd09c3a1ff9387e7f107b5ce55ef7.jpg

2024-06-28 15:00:40

https://image.nostr.build/fe08a8f8a6b906c7659c295d52de5de1a94dfea71ecac3d051d8f93eddfcb212.jpg

2024-06-28 01:55:28

https://image.nostr.build/d88f9a0fc034d8dd13b8ba973eb45b7714208f05111dc47cffac1705dc477c58.jpg

2024-06-27 19:47:19

The generation to which we belong is now learning from experience what happens when men retreat from freedom to a coercive organization of their affairs. Though they promise themselves a more abundant life, they must in practice renounce it; as the organized direction increases, the variety of ends must give way to uniformity. That is the nemesis of the planned society and the authoritarian principle in human affairs.
- Walter Lippmann

2024-06-27 19:30:44

What has always made the state a hell on earth has been precisely that man has tried to make it his heaven.
- Hölderlin

2024-06-27 14:25:19

Live your life as though politics is but a corner of it, not consumed by it. Recognize the incalculable value of intact families, vibrant and voluntary associations, community engagement, loving relationships, and institutions created and sustained outside the divisive realm of politics.
https://fee.org/articles/16-things-individuals-can-do-to-help-bring-america-together/

2024-06-26 21:46:57

When the course of civilization takes an unexpected turn—when, instead of the continuous progress which we have come to expect, we find ourselves threatened by evils associated by us with past ages of barbarism—we naturally blame anything but ourselves. Have we not all striven according to our best lights, and have not many of our finest minds incessantly worked to make this a better world? Have not all our efforts and hopes been directed toward greater freedom, justice, and prosperity? If the outcome is so different from our aims— if, instead of freedom and prosperity, bondage and misery stare us in the face—is it not clear that sinister forces must have foiled our intentions, that we are the victims of some evil power which must be conquered before we can resume the road to better things? However much we may differ when we name the culprit—whether it is the wicked capitalist or the vicious spirit of a particular nation, the stupidity of our elders, or a social system not yet, although we have struggled against it for half a century, fully overthrown—we all are, or at last were until recently, certain of one thing: that the leading ideas which during the last generation have become common to most people of good will and have determined the major changes in our social life cannot have been wrong. We are ready to accept almost any explanation of the present crisis of our civilization except one: that the present state of the world may be the result of genuine error on our own part and that the pursuit of some of our most cherished ideals has apparently produced results utterly different from those which we expected.
- F.A. Hayek

2024-06-26 18:31:12

Yet, though the road be long, it is one on which it becomes more difficult to turn back as one advances. If in the long run we are the makers of our own fate, in the short run we are the captives of the ideas we have created. Only if we recognize the danger in time can we hope to avert it.
#nevent1q…nu48

2024-06-26 18:28:15

Contemporary events differ from history in that we do not know the results they will produce. Looking back, we can assess the significance of past occurrences and trace the consequences they have brought in their train. But while history runs its course, it is not history to us. It leads us into an unknown land, and but rarely can we get a glimpse of what lies ahead. It would be different if it were given to us to live a second time through the same events with all the knowledge of what we have seen before. How different would things appear to us; how important and often alarming would changes seem that we now scarcely notice! It is probably fortunate that man can never have this experience and knows of no laws which history must obey.
Yet, although history never quite repeats itself, and just because no development is inevitable, we can in a measure learn from the past to avoid a repetition of the same process. One need not be a prophet to be aware of impending dangers. An accidental combination of experience and interest will often reveal events to one man under aspects which few yet see.
- F.A. Hayek

2024-06-26 17:04:32

The Total State, why myths have a very strong influence on people’s faith in government, and how humans inherently need to surround ourselves with those that share a similar world view.
https://fountain.fm/episode/hqEPfcfA4cp4KZSuYR0O

2024-06-26 15:12:24

Choose liberty over power, persuasion over force. Find ways in which you can leave the world not only a better place, but a freer one as well, for life without liberty is both unthinkable and unlivable.
— Lawrence W. Reed

2024-06-26 13:18:37

The Dysfunctional State with Michael Malice
@nprofile…prea
https://fountain.fm/episode/ObpUeiU1MRuZUOGxVFx5

2024-06-26 12:31:08

If they can get you asking the wrong questions, they don't have to worry about answers.
— Thomas Pynchon

2024-06-25 23:32:46

Above all, do not lie to yourself.
― Dostoevsky

2024-06-25 15:10:50

Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves
https://fountain.fm/episode/hTXQDG7T6RH1a1cF5Xqy

2024-06-25 11:59:33

https://image.nostr.build/a6ea0a5d42c1f7db2c462959c726d8f35be5b45ad69d257d700609b97cf3b7f0.jpg

2024-06-25 03:34:42

Reality is an aspect of property. It must be seized. And investigative journalism is the noble art of seizing reality back from the powerful.
- Julian Assange

2024-06-24 18:18:23

Liberty is the mother, not the daughter, of order.

2024-06-22 16:44:51

https://open.spotify.com/track/3xWkdFOPOH5goXhBW0nM9W

2024-06-22 15:26:51

The greater part of the population is not very intelligent, dreads responsibility & desires nothing better than to be told what to do. Provided the rulers do not interfere with its material comforts & its cherished beliefs, it is perfectly happy to let itself be ruled.
- A. Huxley

2024-06-22 14:08:53

“You’re not getting an education, you’re getting an indoctrination”
https://video.nostr.build/35a74292e258e16905191c4ec83e5e8026547417de83a96411b5662d3f5a979d.mp4

2024-06-21 17:28:21

The benefits of economic freedom, and of civilization, are not just for the individual heroes or titans of industry responsible for great accomplishments. Civilization is appreciated and valued by all members of society, or at least all members of society who are not riven with envy at the good fortune of others. The advantages of civilization inure to the benefit of all humanity. As Marc Sidwell writes in his defense of civilization, “Every individual also understands what it is to be a human being. Works of beauty, ambition and mastery are not obscure. They can remind all of us of our common heroic potential.”
https://mises.org/mises-wire/civilization-depends-upon-economic-freedom

2024-06-21 12:06:08

- reply

🎯

2024-06-21 11:51:01

Timid men prefer the calm of despotism to the tempestuous sea of Liberty.
- Thomas Jefferson

2024-06-20 17:13:18

The system of plunder derives much of its support from individuals who do not subscribe to socialism but who say, 'We're paying for it, so we might as well get our share'.
- Leonard Read

2024-06-20 15:30:29

Bitcoin Audible Read_829 - Seamless and Scalable Bitcoin Payments
@npub1hf5…dp8n
@npub1h8n…rpev
🤙
https://fountain.fm/episode/C7nXm9eEhNncK014vKXA

2024-06-20 14:15:31

Tackling Robert Reich's First Two "Economic Myths"
https://fountain.fm/episode/9ppzpQoWyIH60BLwWo00

2024-06-19 18:56:48

Why should exchange be so universal among mankind? Fundamentally, because of the great variety in nature: the variety in man, and the diversity of location of natural resources. Every man has a different set of skills and aptitudes, and every plot of ground has its own unique features, its own distinctive resources. From this external natural fact of variety come exchanges; wheat in Kansas for iron in Minnesota; one man’s medical services for another’s playing of the violin. Specialization permits each man to develop his best skill, and allows each region to develop its own particular resources. If no one could exchange, if every man were forced to be completely self-sufficient, it is obvious that most of us would starve to death, and the rest would barely remain alive. Exchange is the lifeblood, not only of our economy, but of civilization itself.
- Murray Rothbard

2024-06-19 17:48:08

@npub1g05…40hv
https://image.nostr.build/acbf6c91d451a39cbb815a3d887be4758c35ec4e3a361c0eabad477e95c1aa10.jpg

2024-06-18 14:45:37

It is no coincidence that the century of total war coincided with the century of central banking.
- Ron Paul
#nevent1q…rchf

2024-06-17 21:35:52

Bitcoin Ossification Debate with Vijay Boyapati and @npub1su6…su60
@npub1r8l…x5dk
🤙
https://fountain.fm/episode/rEp9z0XBjePj5LUb3px3

2024-06-17 18:18:33

- reply

Statism is the most dangerous religion.

2024-06-17 17:19:43

Man will have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants.
— Friedrich Hayek

2024-06-16 02:14:52

A member of the human race who is completely incapable of understanding the higher productivity of labor performed under a division of labor based on private property is not properly speaking a person… but falls instead into the same moral category as an animal — of either the harmless sort (to be domesticated and employed as a producer or consumer good, or to be enjoyed as a “free good”) or the wild and dangerous one (to be fought as a pest).
- Hans Herman Hoppe

2024-06-16 02:14:30

Now the man who seizes another’s property is living in basic contradiction to his own nature as a man. For we have seen that man can only live and prosper by his own production and exchange of products. The aggressor, on the other hand, is not a producer at all but a predator; he lives parasitically off the labor and product of others. Hence, instead of living in accordance with the nature of man, the aggressor is a parasite who feeds unilaterally by exploiting the labor and energy of other men.
- Murray Rothbard

2024-06-15 15:23:30

https://open.spotify.com/track/7KMm1zF2QOTSw2t01IAFif

2024-06-15 03:24:54

- reply

🫵

2024-06-15 03:24:17

We chronically underestimate how much influence for good we can be by simply being better individuals—not pontificating about doing good, but actually being good—and doing it with our own resources, not someone else’s—living it, serving as an inspiration for others.
— Lawrence W. Reed

2024-06-14 21:05:50

Bitcoin Audible Read_828 - Orange Pilling Has Stopped Working
@npub1ey6…szvp
@npub1h8n…rpev
🤙
https://fountain.fm/episode/f0pLH0HS8AAnCHpefX9z

2024-06-14 20:24:50

- reply

Got the zap ⚡

2024-06-14 19:47:19

- reply

"Mises made a distinction between credit that is backed by savings, and credit that does not have any backing. The first type of credit he labeled commodity credit. The second he labeled circulation credit. It is circulation credit that plays the key role in setting the boom-bust cycle process.
When credit is fully backed by savings — that is, it’s commodity credit — it permits the expansion of tools and machinery. With better infrastructure, it is now possible to produce not only more goods but goods of a better quality. The expansion of real wealth is now possible.
In an unhampered market economy, borrowers are users of savings who make sure that savings are employed in the most efficient way — generating profits. This means that real savings are employed in accordance with consumers’ most important priorities. We can thus see here that as long as banks facilitate commodity credit, they should be regarded as the agents of wealth generation.
In contrast, whenever banks embark on the lending of circulation credit, they in fact become the agents of real wealth destruction.
As opposed to commodity credit, circulation credit is not supported by any real saving. This type of credit is just an empty claim created by banks. In the case of commodity credit, the borrower secures goods that were produced and saved for him."
https://mises.org/mises-wire/mises-explains-difference-between-circulation-credit-and-commodity-credit

2024-06-14 19:23:39

The State is a gang of thieves writ large - the most immoral, grasping and unscrupulous individuals in any society.
#nevent1q…egyx

2024-06-13 23:49:28

The State is the ultimate judge in every case of conflict. There is no appeal beyond its verdicts. If you get into conflicts with the State, with its agents, it is the State and its agents who decide who is right and who is wrong
- Hans Herman Hoppe

2024-06-13 21:39:14

https://image.nostr.build/154e2638d4f6bc4f0579da9509a98126e8a2d942589e00e76120c0fc1b01511c.jpg

2024-06-13 17:17:23

Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions. Liberty and responsibility are inseparable.
— Friedrich Hayek

2024-06-12 23:22:37

https://image.nostr.build/8ac595bd8ede4a69313978bfacbf209139e29afa6b83913a25ceca99f2a9ab78.jpg

2024-06-12 17:33:13

The government treats us like cattle, and we are milked accordingly, and when they're done, they send us to the slaughterhouse.

2024-06-11 20:27:55

Bitcoin Audible Read_826 The Supreme Court Ruling and Implications for Operation Choke Point
@npub1k7t…8edl
@npub1h8n…rpev
🤙
https://fountain.fm/episode/hhXoxAgKnnaTMZnFcHoi

2024-06-10 18:57:41

Property does not exist because there are laws, but laws exist because there is property.
~ Frédéric Bastiat

2024-06-10 16:28:41

Bitcoin Audible Read_825 - Decentralization and Localized Manufacturing, Bitcoin, Ai, and 3D Printing
@npub1h8n…rpev
@npub1tev…ga7g
🤙
https://fountain.fm/episode/4QEi6EIpEvSOJXg6EtOw