Bitcoin Hodling and Gresham’s Law

In 2013, a bitcoiner posted “I AM HODLING” on a bitcoin forum, intending to write that he was holding during a large price drop. He was explaining that most people are not successful traders and as a result they will inevitably just lose out in the process of trying to time the bear market, so instead he encouraged that bitcoiners should hold and trust bitcoin. Since that day, this typo, “hodl,” has worked its way into the everyday vernacular of bitcoiners.

Lecture 2: The Spread of Humans around the World: The Extension and Intensification of the Division of Labor

In this lecture,1  I want to talk about the spread of humans around the world and the extension and the intensification of the division of lecture. The subject will be continued to a certain extent into the next lecture.

As Inflation Rises, the Fed Is Losing the Narrative

Another week, another economic report far worse than expectations.

As Vladimir Zernov notes:

U.S. has just released Inflation Rate and Core Inflation Rate reports for June. Inflation Rate grew by 0.9% month-over-month in June compared to analyst consensus which called for growth of just 0.5%. On a year-over-year basis, Inflation Rate increased by 5.4% compared to analyst consensus of 4.9%.

Lecture 1: The Nature of Man and the Human Condition: Language, Property, and Production

What I want to do in this seminar is to reconstruct world history from the bottom up, from the beginning of mankind to the present, and gradually enlarge and expand the picture. I will give you a brief overview of what I have planned, but let me say from the outset that I have never given these lectures in this form before. I have presented some of these topics in various lectures, and in my class on comparative systems I talk about subjects similar to the subjects that I will deal with in this seminar. But never before have I presented lectures structured in this way.

Economy, Society, and History

Preface

In June 2004, at the invitation of Lew Rockwell, I spent one week at the Mises Institute in Auburn, Alabama, to present a series of lectures: one in the morning and one in the afternoon, for five days, in an intimate setting, before a live audience of some fifty plus students and professionals.

Foreword

One of the more depressing claims made by some libertarians during the past fifty years is that the battle for liberty is to be won or lost by arguing about economics. As with all but the grosser falsehoods, there is a degree of truth in the claim. Production and trade are important activities in any community. In those communities where debate over these things is possible and thought important, there tends to exist a power of coercion willing and able to act on the outcomes of such debate.

The Ideas Taught at Mises U Are the Greatest Threat to the Establishment

In 2020, for the first time, the Mises Institute had a video removed by YouTube. The video was a lecture by Tom Woods on “The Covid Cult,” where he stated the noncontroversial opinion that virus-related lockdowns failed any public health objectives. While the WHO agreed with Dr. Woods, authorities in Washington did not—and that was enough for its removal.

This was the first time, we do not expect it to be the last.