Mises Wire

Can the Lightning Network Lead to "Hyperbitcoinization"?

BitcoinMoney and Banking

Blog07/02/2021

Just as the internet needed web browsers before it could really change the world, Bitcoin needed user-friendly interfaces to grow beyond money and towards being the base layer—the “rails”—for decentralized services built on Bitcoin alone.

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Canada's Alcohol Laws Are Stuck in the Past

Bureaucracy and Regulation

Blog07/01/2021

Alcohol sales in Ontario are stuck in a morass of price-fixing and other government controls. 

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Can Economics Save Medicine?

Health

Blog06/23/2021

Medicine is absolutely poised for incredible entrepreneurial breakthroughs which will revolutionize not only the practice and delivery of medicine, but how we think about health altogether.

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Central Banks See No Way out of the Low Interest Rate Trap

Money and Banks

The last time a major central bank knowingly tried to end a low-rate policy regime occurred in Japan in the late 1980s. Since then, no central banker has wanted to repeat this unhappy experience.

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Canadian Secession: Then and Now

World History

Blog06/03/2021

Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime's abuses.

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China's New Pandemic: A Bond Default Crisis

Blog05/25/2021

As the world’s second-largest economy attempts to return to its precrisis glory days, Beijing could potentially deal with a new pandemic that could have a sweeping effect on financial markets at home and abroad: a bond default crisis.

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Covid Deaths Plummet as Excess Mortality Falls to Precovid Levels

U.S. History

Blog05/12/2021

By mid March—when barely 12 percent of the population had been vaccinated—total excess mortality was back within 1 percent of 2019 levels. In other words, the number of deaths in the US is collapsing back to where it was before the official start of the pandemic. 

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Critics Claim Bitcoin Is a Threat to the Environment. They're Wrong.

Money and Banking

Blog04/12/2021

Opponents of bitcoin now claim that bitcoin mining causes global warming and is an environmental threat. But the boom-bust cycles caused by central banks and their fiat money are far worse than any carbon footprint bitcoin can produce.

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