What Will It Take for Cryptocurrencies to Become Full-Fledged Money?
The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies.
The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies.
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Mises U students interview Karl-Friedrich Israel and Tate Fegley.
Federal prosecutors and other law enforcement agents are turning blockchain firms into government subsidiaries. The real goal is to criminalize what really are lawful, private exchanges.
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves.
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.
Governments never curb inflation because they benefit from it. Money creation is never neutral and disproportionately benefits the only monopolistic player in the economy: the state
Mises U students share what it's like being at the Mises Institute.