Mises Wire

Per Bylund

Matthew Feeney writes on the Cato Institute blog about taxi deregulation. As expected, Feeney comes out in favor of deregulation, but also—which should perhaps be equally expected—manages to completely undermine the case for the market.

Ryan McMaken

If cryptocurrencies like bitcoin are being used as money, and if Carl Menger correctly tells us that money must have some kind of antecedent value, then as economists it becomes our job to discover what exactly is that antecedent value.