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