# 318. Principles of Economics Lecture 9: Trade

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Text version: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/318-principles-of-economics-lecture-9-trade.md
Podcast: [The Bitcoin Standard Podcast](https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799)
Published: 2026-03-24T08:00:00+00:00
Episode link: https://www.buzzsprout.com/1849151/episodes/18891006-318-principles-of-economics-lecture-9-trade.mp3
Audio file: https://www.buzzsprout.com/1849151/episodes/18891006-318-principles-of-economics-lecture-9-trade.mp3
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Duration seconds: 3651

## Resource

Ninth lecture of Principles of Economics explores trade as voluntary exchange that benefits all parties, explaining subjective valuation, absolute and comparative advantage, and how specialization and the division of labor raise productivity, cooperation, and civilization. Get all course notes and slides on saifedean.com/poecourse

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