Stablecoins as Inflation Drivers
Stablecoins are the next big thing. So, what are stablecoins and what economics effects will they have?
Stablecoins are the next big thing. So, what are stablecoins and what economics effects will they have?
Henry David Thoreau is supposedly an American icon and his Walden an alleged work of genius. In truth, Thoreau was a fraud and his anti-capitalist screeds were intellectually and economically incoherent.
As both left and right throw freedom and free markets over the side, we remember that there still is a remnant that understands why these things make for a good society. Albert J. Nock eloquently reminds us of what we are losing.
Unfortunately, the only country to have accepted a semi-free market in organs is Iran; however, the results there have been stunning.
Far from a system of exploitation, the free market peacefully harmonizes the preferences of everyone.
The US Cuban embargo continues, to the detriment of both countries. Not surprisingly, Murray Rothbard had strong opinions on the embargo, as he believed that US policies not only were self-defeating, but were outright harmful.
Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
The media is spinning President Trump‘s “trade deals” as a “victory” for the White House. Yet, when we break down these “deals” into their particulars, we find that American producers and consumers will be worse off than before.
The media is spinning President Trump‘s “trade deals” as a “victory” for the White House. Yet, when we break down these “deals” into their particulars, we find that American producers and consumers will be worse off than before.
Do we save human job roles at the expense of more deeply-efficient deliveries of products and services that we love so much?