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.
Free Markets
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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.
Stopping the Keynesian Death March
Henniger writes, "No president has believed more in the miracle of the multiplier than Barack Obama."
Elizabeth Warren’s Unwarranted Wage
Senator Elizabeth Warren (D, Organized Labor) has put paid to the possibility of our use of the reductio ad absurdum. With her $22 per hour minimum wage (or is it $33?) she has seen us, raised us, doubled down, and in every other way possible demonstrated that she is impervious to logic and basic economics.
Nullify the War on Drugs
The people of Colorado and Washington have effectively nullified US drug laws in their states, with respect to marijuana. Moreover, the people of Colorado and Washington are also effectively nullifying an international treaty on drug prohibition.
