Tal Yaros is a translator and a philosopher. He is a part of the Austrian school of thought and gives philosophic and economic workshops in Israel.

On this podcast, we spoke about the Austrian School of thought and defined economic terms that help you understand how money works.

00:00 Presenting our guest - Tal Yaros - Dancing salsa and being creative

02:37 Lectures with Tal - The end of the World.

05:05 Escalation towards the end of the economic world.

08:30 How did the 2008 economic crisis come about?

12:19 Nixon and the golden standard - The Fiat Money System.

15:49 The Austrian School of Economics - Logic thinking.

17:15 The Axium of Human Action - Trade as an example.

23:50 How do Austrian economists predict what will happen in the market?

27:49 Non-coercive transaction.

29:58 ...