# 313. Principles of Economics Lecture 4: Labor Page: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/313-principles-of-economics-lecture-4-labor Text version: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/313-principles-of-economics-lecture-4-labor.md Podcast: [The Bitcoin Standard Podcast](https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799) Published: 2026-02-17T08:00:00+00:00 Episode link: https://www.buzzsprout.com/1849151/episodes/18698175-313-principles-of-economics-lecture-4-labor.mp3 Audio file: https://www.buzzsprout.com/1849151/episodes/18698175-313-principles-of-economics-lecture-4-labor.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-standard-podcast-1143799/episodes/313-principles-of-economics-lecture-4-labor Duration seconds: 2838 ## Resource Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work never disappears, and how voluntary labor and capital raise the value of human time. Get all course notes and slides on saifedean.com/poecourse ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-bitcoin-standard-podcast-1143799/episodes/313-principles-of-economics-lecture-4-labor/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/313-principles-of-economics-lecture-4-labor.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.