Lessons from Cyprus
The first lesson to be learned is not to trust pronouncements about the safety of banks.
The Money-ness of Bitcoins
The role of the algorithm is to ensure a declining progression of the overall stock of bitcoins, by halving the reward every four years.
Holcombe on Wealth Creation and Cantor on Space Aliens
The April issue of The Free Market is now online. The monthly publication of the Mises Institute is now in its more expanded format with more updates on Institute events, scholars, donors and alumni.
This month, economist Randall Holcombe writes on the true nature of wealth creation, and the right way to study it. Also, Paul Cantor discusses his latest book on popular culture, flying saucers, and more.
Click here to access the issue.
Austrians Don’t Blow Bubbles
Harry Veryser’s new book It Didn’t Have to Be This Way: Why Boom and Bust Is Unnecessary—and How the Austrian School of Economics Breaks the Cycle is reviewed by John Zmirak. He write:
The US Corporate State
The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.
The Keynesian Endgame
The breakdown of sound money has now finally generated a cruel endgame.
Taxation is Robbery, Part 1
What sanction, in morals, does the State adduce for the taking of property?
The Gold Standard that Never Was
Thorsten Polleit delivered a speech at the Austrian Economics Research Conference entitled “The Gold Standard That Never Was.” Thorsten was interviewed by GoldMoney’s Andy Duncan.
David Howden on the Euro
David Howden is interviewed on the GoldMoney show with Andy Duncan.
“Tax Expenditures”: Not Taxing Is Allegedly Spending
In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.
