Could Blockchain Technology Help End Fractional Reserve Banking?
Blockchain technology might be useful in forcing banks to be more transparent in how they handle reserves.
Blockchain technology might be useful in forcing banks to be more transparent in how they handle reserves.
Ryan and Tho discuss Taiwan policy with Zachary Yost, author of a new paper on the prospects of a Mainland Chinese takeover of Taiwan.
Patrick Newman and Tho Bishop discuss the Panic of 1819 and its impact on political alliances for decades to come.
Today, it’s easy for socialists to point to the Interstate Highway System and exclaim, "Look at what we socialists did to facilitate transportation." They're careful to always ignore the unseen downside.
The reality is the primary quality of an entrepreneur can’t be taught: the stomach to risk everything and keep wanting more.
Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help.
Trust in the US military has plummeted according to a recent survey, and conservative Americans may finally realize that the military is just a wing of the woke, progressive American establishment.
The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.
In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars.
Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies.
Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank or the IMF. This is true even when the stated goal is advancing free markets.
Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending.
This is freedom: "That he is independent of the arbitrary power of his fellows … [freedom] arose in the process of social development and its final completion is the work of mature Capitalism.”
Across so many fields, from money to nutrition, I’ve found that the corollary to the government-heavy approach is a desire not to make choices for oneself.
Gabriel Boric is no friend of free trade, low taxes, or markets in general. Yet these policies are what made Chile the most prosperous country in South America.
Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems.
When the Democratic Colorado governor slightly scaled back covid mandates, he met furious opposition from the Left. Expect these people to push mandates forever.
Ryan McMaken and Tho Bishop look at some of the names being floated around for Stephen Breyer's replacement, and expose the inherently political nature of the Supreme Court.
Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.