Bob Murphy has a terrific new podcast called, unsurprisingly, The Bob Murphy Show. His focus? “Free markets, free minds, and grateful souls.” Bob tells us he plans to focus more on individuals and their personal stories than libertarianism or economics per se. He’s already hosted Tom Woods and Carlos Lara, and has big ideas for noteworthy future guests.
Prime Minister May says that she has reached an agreement with the European Union.
The agreement is 585 pages long. Every time politicians vote to implement a 600-page document that was written by high-level bureaucrats, the liberties of the citizens of that nation decline. The devil is in the details, and there are a lot of details for the devil to get into.
Mainstream opinion writers have opined that Bitcoin mining is too energy intensive.
[Review of On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises, edited by Mary Sennholz; on the occasion of the fiftieth anniversary of Mises’s doctorate, February 20, 1956).]
Nineteen contributors (from six countries) confirm Dr. Mises’s international reputation as a scholar of the first rank. Among them: F. A. Hayek, Jacques Rueff, Henry Hazlitt, and Bertrand de Jouvenel.
The country once named Gaul has produced some of the greatest writers such as Hugo and Balzac; some of the most-skilled generals such as Napoleon and De Gaulle; and many other remarkable historic figures. Yet regardless of such achievements, the French economy has long been impeded by collectivist policies. Despite being the 10th largest economy, its level of economic freedom is behind former communist countries such Albania and Bulgaria.
For most economists there is the need to keep the so-called economy along the path of stable economic growth and stable price inflation. One of the reasons for the possible deviation of the economy from the stable growth path is a change in the demand for money. If the authorities fail to make sure that an increase in the demand for money is accommodated by a corresponding increase in the supply of money, this could result in monetary instability.
