317. Principles of Economics Lecture 8: Energy and Power

Eighth lecture of Principles of Economics examines energy and power as essential drivers of production, showing how abundant energy, especially hydrocarbons, raises productivity, expands trade and living standards, and helps explain prosperity, freedom, and the decline of slavery. Get all course notes and slides on saifedean.com/poecourse 🔗👇🏼 Sponsors Swan: Buy your bitcoin and get concierge service from swan.com/saif The Saif House: Get Saifedean's books and high quality bitcoin & economics books with bulk discounts on TheSaifHouse.com The Bitcoin Way: Expert help on every step of your bitcoin journey on TheBitcoinWay.com Coinkite: Buy the Coldcard, Opendime, and Satscard, the best bitcoin devices from Coinkite.com ----------------------------------------------------------------------- Saifedean’s first book, The Bitcoin Standard: https://saifedean.com/thebitcoinstandard Saifedean’s second book, The Fiat Standard: https://saifedean.com/thefiatstandard Saifedean’s third book, Principles of Economics: https://saifedean.com/poe Saifedean’s fourth book, The Gold Standard: https://saifedean.com/tgs Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!