Economics
“Laissez-nous faire”
Interventionist politics have played a growing role in all our economic lives. Each bailout is a step that is seldom [...]
Bitcoin is not Anti State — it is Pro Honest government
Bitcoin is an open immutable ledger. It is not anonymous, it is private. There is a huge difference, and it [...]
An invitation to treat
An invitation to treat is distinct from an offer in that it is an indication of one party’s willingness to [...]
Fixing OP_False
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
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
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
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
There are people who try and tell you that Bitcoin is not about incentives or economics. The structure of Bitcoin [...]
On the Minimum Wage
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
There is a lot of misunderstanding on how money works. Many in the Bitcoin space think that scarcity of Bitcoin [...]
Markets and imperfections
George Akerlof did us a great disservice with his unscientific rhetoric. A market for lemons and other market failures seem [...]
Exporting Wealth
Let us investigate a centralised push to “export agriculture and industrial products, reverting to tangible goods production”, as is suggested [...]