Joakim Book
Music Has No Economic Value
“With limited world demand for music, the economic value of that creation, like oxygen, falls to zero. The same isn’t true for the earphones I’m using, since they can’t also be used by anybody else.” ~Joakim Book
Politicians Talk; Entrepreneurs and Scientists Do
“The worse the inability to get universal political agreement becomes, the better and more cost-efficient become the small-scale, positive-externality, science-based attempts at just doing the work.” ~Joakim Book
Johan Norberg’s The Capitalist Manifesto: A Review
“What matters for the capitalist story to flourish is that its effect on the world continues to be positive, not whether market actors believe it while embodying its principles.” ~Joakim Book
How to Rationally Consume News
“Most information is noise, and the human brain isn’t equipped for the overload that the modern world throws at us. Don’t clutter your brain with unnecessary stuff.” ~Joakim Book
Transition This, Transition That
“As a civilization, we don’t replace prior energy sources; we add to them with better ones. Clarification: Better means cheaper or denser energy sources that therefore packs more punch.” ~Joakim Book
How To Be Accidentally Right, Central Banking Style
“Money is broken, and while these activists might not be able to explain how, they’re not wrong in pointing their fingers at the monetary authority at the center of it all.” ~Joakim Book
The One-Percent Principle
“Is humanity worse off because we listen to Song A instead of Song B, read this great book instead of that one? Have we tragically lost some grand human experience? Probably not.” ~ Joakim Book
Money Blindness and Money Clarity
“Macroeconomists and policymakers can speak of anchored expectations all they want, but what ultimately happens is that regular folk find themselves impoverished without really understanding what went wrong or how they could have done things differently.” ~ Joakim Book
Where Does Saifedean Think Money Comes From?
“There’s plenty wrong with central banking, no doubt, but showering broken institutions with infinite credit lines and opportunity-cost free funding isn’t one of them.” ~ Joakim Book
Everything Is the Fed’s Fault: A Review of the Fiat Standard
“The aggressive tone aside, the emphasis on a fiat mindset – one where you get something for nothing and can have something merely by decree – is valuable. The thesis remains unproven, but the proposition lingers long after the final page.” ~ Joakim Book
