# 321. Principles of Economics Lecture 11: Markets Page: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/321-principles-of-economics-lecture-11-markets Text version: https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/321-principles-of-economics-lecture-11-markets.md Podcast: [The Bitcoin Standard Podcast](https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799) Published: 2026-04-14T07:00:00+00:00 Episode link: https://www.buzzsprout.com/1849151/episodes/19012811-321-principles-of-economics-lecture-11-markets.mp3 Audio file: https://www.buzzsprout.com/1849151/episodes/19012811-321-principles-of-economics-lecture-11-markets.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-standard-podcast-1143799/episodes/321-principles-of-economics-lecture-11-markets Duration seconds: 3965 ## Resource Eleventh lecture of Principles of Economics explains how individual preferences coordinate production and consumption decisions through economic calculation based on property rights, and why consumer sovereignty drives entrepreneurial decisions in the market order. 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/321-principles-of-economics-lecture-11-markets/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-standard-podcast-1143799/321-principles-of-economics-lecture-11-markets.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.