Economics

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

Bitcoin is an open immutable ledger. It is not anonymous, it is private. There is a huge difference, and it [...]

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

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

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

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

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

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

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

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

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

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