Economics


Buy now, Pay later

By Craig Wright | 07 Nov 2018 | Economics

Murry Rothbard on harmful policy.. 1. Prevent or delay liquidation. Lend money to shaky businesses, call on banks to lend…

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Rent seeking in economics and Crypto

By Craig Wright | 07 Nov 2018 | Bitcoin & Blockchain Tech, Economics

Keynesianism and neo-Keynesian thought seem to be popular despite the fact it has never worked and is based on fallacies…

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The politics of rent seeking

By Craig Wright | 07 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Philosophy

Any government implementing a Keynesian policy simply “Keynesianizes” the economy. The effect is an economy that behaves precisely in the…

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Bitcoin is all about incentives

By Craig Wright | 06 Nov 2018 | Bitcoin & Blockchain Tech, Economics

There are people who try and tell you that Bitcoin is not about incentives or economics. The structure of Bitcoin…

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On the Minimum Wage

By Craig Wright | 06 Nov 2018 | Economics, Law & Regulation

A minimum-wage scheme is a tariff and price fixing method against people’s labour and ability to sell themselves freely. The…

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Coin burning for dummies

By Craig Wright | 04 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

There is a lot of misunderstanding on how money works. Many in the Bitcoin space think that scarcity of Bitcoin…

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Markets and imperfections

By Craig Wright | 04 Nov 2018 | Economics

George Akerlof did us a great disservice with his unscientific rhetoric. A market for lemons and other market failures seem…

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Exporting Wealth

By Craig Wright | 03 Nov 2018 | Economics

Let us investigate a centralised push to “export agriculture and industrial products, reverting to tangible goods production”, as is suggested…

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Tax and Bitcoin — Transacting and accounting for Bitcoin

By Craig Wright | 02 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Just as with all income and capital taxation issues, Bitcoin-based transactions require that suitable record-keeping practices are adhered to.  …

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The Legacy of Keynesian Money

By Craig Wright | 02 Nov 2018 | Economics, Philosophy

Central governments are and remain a net supplier of macroeconomic instability. This is a direct result of the institutions and…

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Tax and Bitcoin — Investment in Bitcoin

By Craig Wright | 01 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation, Math

Investment in Bitcoin should be treated as any other investment in an emolument, “which could be converted into money might…

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The problem of Keynes

By Craig Wright | 01 Nov 2018 | Economics, Philosophy

http://bastiat.org/fr/cqovecqonvp.html Basically, the GDP argument is based on the “Broken Window Falacy” of Bastiat. There are English versions of it…

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Never miss a story from Craig Wright (Bitcoin SV is the original Bitcoin)

Never miss a story from Craig Wright (Bitcoin SV is the original Bitcoin)