Perhaps in the future, physical dollars and digital dollars will be recognized as two distinct mediums of exchange.
Financial MarketsGlobal EconomyMoney and Banks
Since Libra is an extended arm of the current financial system, first-world economies could benefit at the cost of developing economies.
Free MarketsSocialismOther Schools of Thought
Socialism and capitalism offer radically different solutions to the problem posed by scarcity.
Austrian Economics OverviewHistory of the Austrian School of EconomicsPhilosophy and Methodology
A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.
Bernie Sanders is so stingy when he advocates for a mere $15-per-hour minimum wage. Why not make the minimum wage equivalent to what Sanders gets per hour as a US Senator?
Decentralization and SecessionWorld HistoryPolitical Theory
In Nation, State, and Economy, Ludwig von Mises offered a radical alternative to the prevalent models for solving national conflicts.
Money and BanksMoney and Banking
Expansions in credit and investment are only a problem when they result from inflationary monetary policy, and not from real saving.