Obama on Drugs
Should President Obama ignite an even more horrific war on drugs, à la Ronald Reagan, or should he take a different path?
Free Markets
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The Bitcoin Money Myth
Bitcoin is not a new form of money that replaces previous forms, but rather a new way of employing existent money in transactions.
Taxation is Robbery Part 2
When the State invades the right of the individual to the products of his labors it appropriates an authority which is contrary to the nature of things.
Mrs. Thatcher’s Poll Tax
Whereas in the US, conservative economists tend to hail proportionate taxation as ideal, the Thatcherites have apparently understood the fallacy of this position.
Bitcoin: Money of the Future or Old-Fashioned Bubble?
There is no doubt that bitcoin is a spontaneous answer to the monetary instability that we see all around us today.
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.
The US Corporate State
The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.
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 Re
“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.
