Power & Market
The Economics of Working from Home
Cutting one's commute time to zero certainly sounds great. But there are good reasons people often choose to work together in person rather than do everything from home.
Trump’s Potential Legacy: 50 Million+ Enemies of the State
Should skepticism of the 2020 election, fueled by a new administration's actions, finally convince 50+ million Trump supporters that the barbarians in the Beltway do not represent him, then Trump’s presidency will be—despite his own actions—the disruption that America’s elites truly feared.
Understanding the Action Axiom
The action axiom can be stated as follows (Cf. Rothbard [1962,
Currency Competition May Save the Economy or Even Much More
A fifth of all US dollars ever created are just under one year old. In about the same time, bitcoin has quadrupled in value.