On the one hand, the “no intrinsic value” skeptics are ignoring how Austrians deal with gold, while on the other hand, the “HODL forever” enthusiasts would never allow Bitcoin to become a money.
Ludwig von Mises understood that locally based governance "follows necessarily from the principle of the rights of man.” And it's why Rothbard supported secession and local governance right down to the most local level possible.
The Chinese regime hopes it can use a digital yuan to challenge the supremacy of the US dollar. That brings a host of geopolitical advantages, as well.
Lockdowns advocates claim fear of the virus is really what kept people home—and has thus led to the economic destruction of the past year. But they also claim that without forced lockdowns, people will quickly go back to normal. Both can't be true.
Forty years ago, the US had almost no legal concealed carry. Then over just a few decades, eighteen states adopted full-blown "constitutional carry" provisions, with many other states adopting concealed carry provisions as well.
In Las Vegas, airline passengers plummeted 64 percent during 2020, and the convention business has collapsed. For Vegas, there are troubling signs that the world is not in a hurry to spend freely on extravagant face-to-face meetings.
Government money printing may goose GDP, but It will do nothing to fix the losses that millions have suffered from covid restrictions and lockdowns.
Are we living in a decidedly anti-intellectual age, or has America always been predisposed toward doers over thinkers? Don't miss this fascinating but sobering discussion.
Benjamin Boyce talks with Bob about the lessons we can learn as the rest of the country follows the same trajectory of identity politics.
Both Ludwig von Mises and Abraham Maslow understood that unless we first secure the benefits of economic progress, it becomes impossible to pursue higher human wants and needs.
