Billionaires in a Free Market


Someone else having a billion dollars does no harm to you.

It very likely makes their life harder - not materially, but emotionally, spiritually, and psychologically - but it does nothing to make you worse off. If you feel less happy because you envy them, that is not caused by their billion dollars, but by your choice to judge yourself in dollars and against another person. That's an unhappiness only you can fix by changing your orientation.

It is possible that someone obtained a billion dollars through violence. The most likely scenario is via collaboration with government, as it would be very difficult and very rare to do so violently without at least some state cooperation. Gaining wealth via government, which is always backed by the initiation of violence, causes harm to the world. Taxpayers and those prohibited from peaceful activity by monopoly protections are harmed.

But notice it's the acts of theft and violence that do the harm, not the billion dollars itself. The having of the billion does not by itself cause harm, only if the process of obtaining it did. Then the problem is with that process, not the money.

One could use a billion dollars to do harmful things, like buy weapons to hurt people. But then the hurting of the people is doing the harm, not the holding or spending of the billion dollars.

There is no way in which another person having possession of a billion dollars can harm you. Outside the peaceful free market they may cause harm in obtaining it or use it to cause harm.

But if they obtained it via market means (no violence, just voluntary exchange) and use it on the market (again peacefully), not only does someone else getting, holding, or spending a billion dollars do the world no harm, it does tremendous good and creates value.

The only way to obtain money (absent force) is to take a resource valued at X, do something to it, and exchange it with someone who values it at >X. The > is the profit you earn, and also a measure of the minimum amount of value that was created. Value that did not exist prior to the exchange.

Even those who earn billions by investing in companies and then "doing nothing" while the company gains value are creating value. Not only by providing capital that the company needs to earn profit (create value), but the process of investing itself is so full of efforts and failures that it generates untold new information that makes the market better and better and innovating and creating new value. The billions earned on a few winning investments pale in comparison to the untold benefit created by all the failed investments that pushed ideas and products forward and created priceless info about what works and doesn't.

So billionaires in a free market are no threat, and their wealth is likely a sign of tons of value created for you and others. This doesn't make them morally good people or intellectual adept or fun or kind or anything else. It just means their existence is no threat and how they got there created benefit for others, intentionally or not.

Billionaires in an unfree market don't harm you by mere fact of having a billion dollars, but they way they got it or what they use it for could.

Fight for freedom, not against others having arbitrary amounts of money.

Inner Game of Startups #45


Read it here.

Big Changes Ahead!


We're going live with a major update to crash.co tomorrow. This is the beginning of the next big chapter in building the best career launch platform in the world. I can't wait! Lots more work to be done, but tomorrow's update will be the foundation we build on. Over a year of user feedback and beta testing has helped us hone it.

Here’s a Bunch of Stuff I’m Up To


I'm mixing it up again, after a year and a half streak of daily blogging, I'm gonna switch my routine. I won't be blogging daily for a while, but I'm doing a lot of stuff in a lot of other places!

Of course the majority of my time is spent building Crash into the greatest career launch platform in the world and being a husband and dad and trying to maintain my physical and intellectual health. But I work in a lot of other interests as well, and writing will always be a big part.

Who knows whether/when I decide I can't handle life without daily blogging (it usually happens when I take these breaks), but for now I'm going all in on a new routine.

Verbose Haiku


If brevity is

The soul of wit, well I guess

I am really screwed

Convo with VCs Investing in Bitcoin


(Also available on the Isaac Morehouse podcast)

https://youtu.be/yg8ogGYKtfI

All News is Fake News


There is infinite information in the universe. Any time you select a tiny slice of info and focus on it, you are creating a story that is different from reality itself.

Imagine a movie sliced into a million still screenshots. Say it was impossible to watch the movie and your only way of interacting with it was with these screenshots. If someone picked three of them and presented it to you as the "truth" of the movie, they'd be wrong, even if the screenshots weren't tampered with or substituted for fakes. If the person presenting the "facts" of the movie to you had an ax to grind or wasn't so scrupulous about accuracy in screenshots, it would be even worse. But the main point is that even if trying to be accurate, any version of the movie selected from a few micro-second still frames will present a story that's incorrect.

Once you realize this, you can select your own slices based on what helps you achieve your goals. It may be no more accurate in terms of explaining the real movie, but none can be, so you might as well choose slices that help you. Better yet, you can stop worrying about figuring out the right version of this movie from the past and start creating your own story going into the future.

News is a specific view of reality. It's always wrong. Worse, it's usually bad for your health and sanity. Choose better slices of reality and your reality will improve.

Isaac Morehouse


Isaac Morehouse is the CEO of Crash, the career launch platform, and the founder of Praxis, a startup apprenticeship program. Isaac is dedicated to the relentless pursuit of freedom. He’s written some books, done some podcasting, and is always experimenting with self-directed living and learning.

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Billionaires in a Free Market


Someone else having a billion dollars does no harm to you.

It very likely makes their life harder - not materially, but emotionally, spiritually, and psychologically - but it does nothing to make you worse off. If you feel less happy because you envy them, that is not caused by their billion dollars, but by your choice to judge yourself in dollars and against another person. That's an unhappiness only you can fix by changing your orientation.

It is possible that someone obtained a billion dollars through violence. The most likely scenario is via collaboration with government, as it would be very difficult and very rare to do so violently without at least some state cooperation. Gaining wealth via government, which is always backed by the initiation of violence, causes harm to the world. Taxpayers and those prohibited from peaceful activity by monopoly protections are harmed.

But notice it's the acts of theft and violence that do the harm, not the billion dollars itself. The having of the billion does not by itself cause harm, only if the process of obtaining it did. Then the problem is with that process, not the money.

One could use a billion dollars to do harmful things, like buy weapons to hurt people. But then the hurting of the people is doing the harm, not the holding or spending of the billion dollars.

There is no way in which another person having possession of a billion dollars can harm you. Outside the peaceful free market they may cause harm in obtaining it or use it to cause harm.

But if they obtained it via market means (no violence, just voluntary exchange) and use it on the market (again peacefully), not only does someone else getting, holding, or spending a billion dollars do the world no harm, it does tremendous good and creates value.

The only way to obtain money (absent force) is to take a resource valued at X, do something to it, and exchange it with someone who values it at >X. The > is the profit you earn, and also a measure of the minimum amount of value that was created. Value that did not exist prior to the exchange.

Even those who earn billions by investing in companies and then "doing nothing" while the company gains value are creating value. Not only by providing capital that the company needs to earn profit (create value), but the process of investing itself is so full of efforts and failures that it generates untold new information that makes the market better and better and innovating and creating new value. The billions earned on a few winning investments pale in comparison to the untold benefit created by all the failed investments that pushed ideas and products forward and created priceless info about what works and doesn't.

So billionaires in a free market are no threat, and their wealth is likely a sign of tons of value created for you and others. This doesn't make them morally good people or intellectual adept or fun or kind or anything else. It just means their existence is no threat and how they got there created benefit for others, intentionally or not.

Billionaires in an unfree market don't harm you by mere fact of having a billion dollars, but they way they got it or what they use it for could.

Fight for freedom, not against others having arbitrary amounts of money.

Inner Game of Startups #45


Read it here.

Big Changes Ahead!


We're going live with a major update to crash.co tomorrow. This is the beginning of the next big chapter in building the best career launch platform in the world. I can't wait! Lots more work to be done, but tomorrow's update will be the foundation we build on. Over a year of user feedback and beta testing has helped us hone it.

Here’s a Bunch of Stuff I’m Up To


I'm mixing it up again, after a year and a half streak of daily blogging, I'm gonna switch my routine. I won't be blogging daily for a while, but I'm doing a lot of stuff in a lot of other places!

Of course the majority of my time is spent building Crash into the greatest career launch platform in the world and being a husband and dad and trying to maintain my physical and intellectual health. But I work in a lot of other interests as well, and writing will always be a big part.

Who knows whether/when I decide I can't handle life without daily blogging (it usually happens when I take these breaks), but for now I'm going all in on a new routine.

Verbose Haiku


If brevity is

The soul of wit, well I guess

I am really screwed

Isaac Morehouse


Isaac Morehouse is the founder and CEO of Praxis, a startup apprenticeship program making degrees irrelevant for careers. Isaac is dedicated to the relentless pursuit of freedom. He’s written some books, done some podcasting, and is always experimenting with self-directed living and learning.

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