Political Entrepreneurship and the Economics of Wealth Destruction
Recorded at Mises University 2013.
Recorded at Mises University 2013.
Why be libertarian, anyway? Why engage in a deep and lifelong commitment to the principle and the goal of individual liberty?
Bitcoin is not a new form of money that replaces previous forms, but rather a new way of employing existent money in transactions.
While walking Seoul’s Teheran Road, one gets the impression that this is the place to be. Like New York in happier times, Seoul is a capital magnet.
There is no doubt that bitcoin is a spontaneous answer to the monetary instability that we see all around us today.
The role of the algorithm is to ensure a declining progression of the overall stock of bitcoins, by halving the reward every four years.
From the session on “Applied Economics,” presented at the Austrian Economics Research Conference.
From the session on “Studies in Business Cycles,” presented at the Austrian Economics Research Conference.