I was just talking about how great Human Action by Lugwig von Mises is with @elvismercury and since today's Mises Institute news letter linked to an old speech about the book I thought it was a perfect time to recommend it to the whole Stacker News community.
In my mind, this is the treatise on economics. Nowhere else will you find the underlying philosophical framework laid out so thoroughly. Some people really don't care about the philosophy (including most economists), but I find it fascinating.
I started reading Human Action in undergrad. That was inspired by the first Ron Paul campaign. I didn't have a copy of the book though, nor an e-reader, so I read it on the Kindle app on my iPhone 3. It's a monster of a book and probably took me about three months to get through.
From the Newsletter
The Promise of Human Action
By Llewellyn H. Rockwell Jr.
Indeed, if we look at the failure of the welfare state, the persistence of the business cycle, runaway inflation, and out-of-control debt, we'll see that each is addressed and predicted in Human Action.
A few years back, I spent almost 2 years, almost completely alone. Other than going to the store once in a while and visiting with my son every other weekend, I was alone. When my son did visit, I felt bad, because I was quite depressed and I struggled to show up for him the way I wanted to. For the most part, it was just me and my dog. I had pretty much given up on finding a partner that would fit me. I felt like too much of an outsider to be loved. I was very grateful for my dog Dusty. He got me through some hard times. I was telling myself I didn't need anyone but I was very depressed and really ready to give up. And then out of nowhere I met my new love. It felt like as soon as I fully surrendered to the solitude, things shifted. And now I feel very loved. Almost too much at times. I still have hermit tendencies. But I do think we all want connection in our lives. I am very grateful I made it through that tough time and now I have a love in my life again. I don't know if this is helpful in anyway, its just me reflecting a bit on the loneliest time I remember for myself. Thanks for the post. You always have people to connect with here when needed. And remember, you are never truly alone. And things can change. 💚
Tagging @kr because he'll be organizing the next one. We have a set of things we already want to try next time, but these suggestions are helpful.
It'd probably be extra helpful to come with roundtable topics along with guests for the topics.
Convenience Vs. Security
People (the average Joe) tend to go towards the more convent (likely centralized option) vs the more secure (decentralized option). They may burn their hand and try the decentralized option but over time they will go back to centralized options as the painful memories fade.
I am not hoping for this outcome but I do see as one way BTC adoption can play out in the future.