The Pactify podcast about management, behaviour an

Quick tour of 7 negative effects of money printing 1) Purchasing power declines, we get poorer 2) Focus on the now instead of investing for the future 3) Boom-bust cycles 4) Picking winners and losers arbitrarily (cantillon) 5)Increases inequality 6) Finances the government deficits too easily 7) Favors industrial policy to be set by government instead of left to the market process

Some Popperian epistemology applied to Customer Satisfaction surveys. Also check us out at: https://rapidideaimprovement.com

My attempt at summarising Bob Murphy's great episode on banking (mainly from the Human Action podcast)

Some ideas on how the typical debates about capitalism versus socialism go, and what to potentially improve about them.

How the Chicago School of economics will not arrive at the conclusion that central banking may be bad

How malinvestments (investments that go against the time preference of consumers but are undertaken nevertheless) are caused by monetary policy and how they cause in return a transition from boom to bust in the economic cycle

Decarbonisation can (and should) be evaluated in terms of how effectively it reaches its goal, or in other words, how well it solves the problem it purports to solve.

In the science of economics, there are different schools of thought, they all give different answers to economic problems how is prosperity caused in a society, under conditions of scarcity. Some schools will emphasize the role of government more than others, … Each school has a position on the relative importance of production versus consumptions to generate prosperity, .. also they have positions on how consumers behave (rational / contextual behavioural/ choosing means to satisfy ends, ….) Now you can compare all the different positions of each school and then make up your mind what school to follow But there is a more fundamental criterion if you want to figure out what schools are really relevant and which ones are less so, and that criterion is the methodology Austrian Economics is different from all other schools in terms of methodology

We can experience different "states" when working. I distinguish 3 of them here: monotony, politics and problem solving. I argue that only the latter is fun (e.g. allows the experience of Flow to arise) and has the potential to cause progress.

Connecting 3 things: philosophy of (climate) science, the actual climate science and the morality of it (i.e. "What should we do about it ?")

Discussing the connections between the philosophy of climate science, climate science and the moral problem of what to do (about it).

In this episode, I try to cover the 2 related problems: 1) The scientific problem: how does climate/ temperature work ? What explanatory theories do we have? What can we predict/ not predict ? 2) The moral problem: what should we do about it ? I give an overview of what scientific theories we have, and how they are involved (both mainstraim and non-mainstraim) plus some of the "bad" ways to solving the problems (instrumentalism, bridging the is/ought gap)

Can we get out of recessions through government spending ?

Key concepts of Critical Rationalism: All knowledge is conjectural Realism Conjecture and refutation Fallibilism

What is the SSIA approach ? Why that approach and not some other ?

Empiricism in the philosophy of science emphasizes evidence, especially as discovered in experiments.  It is a fundamental part of the scientific method that all hypotheses and theories must be tested against observations of the natural world, rather than resting solely on a periori reasoning, intuition or revelation

To sell is to create knowledge about what actions influence your prospect's subjective valuation most optimally

What is induction ? The process of going from a set of observations to a generalisation See multiple objects with a characteristic X, all such objects have characteristic X The sun rose every morning already (every observed morning had the characteristic that the sun rose) … so the sun will rise every morning, so tomorrow the sun will rise again  “The future will behave like the past”

In the philosophy of science, instrumentalism is the view that concepts and theories are merely useful instruments whose worth is measured not by whether the concepts and theories are true or false (or correctly depict reality), but by how effective they are in explaining and predicting phenomena.

Suppose you are a sales perons, and have a product that allows the customer to be 3% more efficient in his operations Why is just tranferring that knowledge to the customer not enough to make him buy your product ? You may be wrong There may be conflicting ideas still in the mind of the customer Knowledge needs to grow in the mind before it can be enacted upon