Economics


“Laissez-nous faire”
By Craig Wright | 09 Nov 2018 | Economics, Law & Regulation

Interventionist politics have played a growing role in all our economic lives. Each bailout is a step that is seldom [...]

An invitation to treat
By Craig Wright | 08 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

An invitation to treat is distinct from an offer in that it is an indication of one party’s willingness to [...]

Fixing OP_False
By Craig Wright | 08 Nov 2018 | Bitcoin & Blockchain Tech, Economics

Salvage, fixing OP_False, and more One of the flaws in the mangled version of Bitcoin we have today comes from the [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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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