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Show Notes
This episode is about how you as an individual can help alleviate poverty in a non-political, principled way. It's an economic view of how you can reduce poverty through economic development and the wealth that it generates. Jake presents ideas of the economist Ludwig Von Mises about how you can create economic progress and development, focussing on three key activities:
- creating technical innovation, which helps to make everything cheaper for everyone within the economy
- being an entrepreneur, which creates new value and wealth in the economy
- being a saver and investor, which provides resources for the future economic development (either of your own business or that of others)