Love & Hard Money

Love & Hard Money

The Monkey, The Rat, The Amish and You

28 min · 21. apr. 2026
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episode The Monkey, The Rat, The Amish and You cover

Beskrivelse

Episode Summary Brian traces the arc from evolutionary biology to monetary policy, arguing that the rage and tribalism of modern political life are not caused by cultural failure or moral decline — they are the predictable output of a monetary system that exploits humanity's hardwired fairness instincts while hiding its own role in doing so. Key Concepts Covered Frans de Waal's capuchin fairness experiments — Displaced aggression in stress research — Interest rates as civilization's operating system — The monetary premium in housing — The Cantillon effect and institutional credit advantage — Maslow's hierarchy as a diagnostic tool for monetary policy — The Amish data point on mental health and economic structure — Adam Smith's Theory of Moral Sentiments — Bitcoin as a restoration of rule-based fairness Recommended Reading The Theory of Moral Sentiments — Adam Smith (1759) The Age of Empathy — Frans de Waal The Bitcoin Standard — Saifedean Ammous What Has Government Done to Our Money? — Murray Rothbard Maslow's hierarchy original paper: A Theory of Human Motivation (1943) Referenced Research de Waal, F. & Brosnan, S. (2003). Monkeys reject unequal pay. Nature, 425, 297–299. Displaced aggression research: Dollard et al. frustration-aggression hypothesis; subsequent refinements by Marcus-Newhall et al. Amish mental health studies: various, including work by Egeland & Hostetter on affective disorders in Plain communities. www.satoshigeneral.com linkedin.com/in/brian-bundy-b30a529 [https://www.linkedin.com/in/brian-bundy-b30a529]

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episode Bastiat Series Part 1, The Law cover

Bastiat Series Part 1, The Law

In this opening episode, we introduce a special series on one of the most important political essays ever written — The Law by Frédéric Bastiat, published in 1850 in the final year of his life. Bastiat wrote with one urgent question: what is law actually for? His answer — that law exists solely to protect life, liberty, and property, and that any law which does otherwise is legalized plunder — is as relevant today as it was in post-revolutionary France. In this episode we also trace a thread that runs through the entire series: how Bitcoin and Bastiat are, at their core, making the same argument. Where Bastiat diagnosed the disease, Satoshi Nakamoto built the cure. Where legal plunder runs through the monetary system, Bitcoin closes the door — not through better laws, but through mathematics. We also introduce the Cantillon effect (it's can-TILL-on, not the Spanish way) and why newly created money is itself a form of legal plunder — one that has been running continuously since 1913. Over the next six episodes we'll read the full text of The Law together, with commentary connecting Bastiat's ideas to sound money, Austrian economics, and Bitcoin. Read the full text: The Law — Mises Institute edition: https://cdn.mises.org/thelaw.pdf [https://cdn.mises.org/thelaw.pdf] www.satoshigeneral.com linkedin.com/in/brian-bundy-b30a529 [https://www.linkedin.com/in/brian-bundy-b30a529]

27. maj 20264 min