Episode 405

Distortion of the Economy and the Knowledge Problem with Tim Chermak

In today's BetterWealth episode, I have the pleasure of welcoming back to the show Tim Chermak, co-founder of Platform, a digital marketing company and good friend. Join us as we discuss the concept of the knowledge gap. Tim encourages listeners to read the essay by Economic Nobel Prize Winner Friedrich A. Hayek,  “The Use of Knowledge In Society”. Tim talks about the knowledge problem and how this problem is negatively affecting today’s economy.  Listen as Tim describes why virtuous behavior will be erased by the distortion of the economy. I also ask Tim for applicable ways business owners can be valuable and flexible in the future. 

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Episode Links & Resources: 

The Use of Knowledge In Society - Friedrich A. Hayek https://www.econlib.org/library/Essays/hykKnw.html 

I, Pencil by Lenard E. Read https://fee.org/resources/i-pencil/ 


Guest Bio: 

Tim Chermak is the co-founder of Platform, a digital marketing agency for real estate professionals. He’s also the author of Main Street Marketing and High Hanging Fruit. Tim is passionate about entrepreneurship, marketing, liberty, and Chipotle burritos.


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Show artwork for BetterWealth with Caleb Guilliams
BetterWealth with Caleb Guilliams
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