June 01, 2023

The Rational Egoist: Exploring Objectivism, Austrian Economics, and the Path to a Freer Society with Keith Weiner

48 minutes

Join Michael Liebowitz and Dr. Keith Weiner in "The Rational Egoist" podcast as they delve into the realms of Austrian economics, and the pursuit of individual liberty. They dissect prevalent economic theories, challenge conventional wisdom, and explore the principles that underpin a free and prosperous society.

In this episode, Dr. Keith Weiner, President of the Gold Standard Institute and CEO of Monetary Metals, shares his insights as an economist and an advocate of Objectivism. He sheds light on the contradictions and fallacies prevalent in economic discourse, emphasising the importance of logical consistency and rationality in understanding wealth creation and human behaviour.

Drawing from Ayn Rand's groundbreaking ideas, the podcast explores the notion of a moral standard in economic affairs, where individual feelings and subjective beliefs are replaced by objective principles. Through thought-provoking discussions, Michael and Dr. Weiner dissect various economic concepts, highlighting the flaws of using Imperial measurements in economics and the importance of studying individual habits and choices.

"The Rational Egoist" also dives into the implications of a welfare state and government intrusion, revealing the detrimental effects of these interventions on economic balance, supply and demand, and individual prosperity. Listeners gain insights into the profound impact that free markets have on society, debunking misconceptions that capitalism is responsible for societal ills and emphasising the importance of individual freedom in fostering economic growth and human flourishing.

Dr. Keith Weiner proposes a solution-oriented approach, advocating for the creation of businesses that challenge existing regulations and inefficiencies. By examining success stories like Uber, he illustrates the transformative power of disruptive entrepreneurship and its potential to reshape industries and liberate markets from heavy-handed regulations.

"The Rational Egoist" provides an intellectual platform for individuals seeking a deeper understanding of Objectivism, Austrian economics, and the path to a freer and more prosperous society. Join Michael Liebowitz and Dr. Keith Weiner as they unravel the intricacies of economic principles, question prevailing dogmas, and champion the individual's rights to life, liberty, and the pursuit of happiness. Together, they pave the way for a rational and morally guided approach to economic progress and human flourishing.

Michael Liebowitz is a philosopher, political activist, and host of the Rational Egoist podcast. He is a passionate advocate of reason and his views have been heavily influenced by the philosopher Ayn Rand.

Liebowitz has dedicated his life to promoting its principles of rational self-interest, individualism, and reason. In addition to his work as a podcast host, Liebowitz is also a prominent spokesperson for the Libertarian Party for Connecticut - USA and has been involved in a number of political debates advocating for individual rights and freedoms through his YouTube videos and interviews.

Liebowitz is also the co-author of "Down the Rabbit Hole: How the Culture of Correction Encourages Crime," a book that explores the ways in which misguided societal attitudes towards punishment and rehabilitation have led to a rise in crime and recidivism. In addition to his work in politics and philosophy, Liebowitz is a regular guest on the Todd Feinburg show at WTIC, where he provides expert commentary on a range of political and social issues.

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