Economics


The measure of Justice
By Craig Wright | 10 Nov 2018 | Economics, Law & Regulation

Justice is simply the absence of injustice, injustice being the tangible force. Many seek to define justice on its own,

“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

Bitcoin is not Anti State — it is Pro Honest government
By Craig Wright | 09 Nov 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

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

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

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