# 314. Principles of Economics Lecture 5: Property Page: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/314-principles-of-economics-lecture-5-property Text version: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/314-principles-of-economics-lecture-5-property.md Podcast: [The Bitcoin Standard Podcast](https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799) Published: 2026-02-24T12:00:00+00:00 Episode link: https://www.buzzsprout.com/1849151/episodes/18738402-314-principles-of-economics-lecture-5-property.mp3 Audio file: https://www.buzzsprout.com/1849151/episodes/18738402-314-principles-of-economics-lecture-5-property.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-standard-podcast-1143799/episodes/314-principles-of-economics-lecture-5-property Duration seconds: 2680 ## Resource Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure property rights enable saving, capital formation, peaceful cooperation & civilizational advance. 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/314-principles-of-economics-lecture-5-property/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/314-principles-of-economics-lecture-5-property.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.