Price "stability" has never been a feature of a free marketplace. Stability is an obsession of central banks, and the day may come when central bankers intervene to "stabilize" crypto prices. That will be a bad thing. Original Article: "Why "Wild Swings" In Crypto Prices are
These days it’s not your typical latte-sipping millennials who are going woke. Taking a stroll around America’s largest metro areas will have one believe social justice is the latest fad that’s sweeping across corporate boardrooms. Much has been written about woke capital—businesses’ recent pivot to
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.” Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System, 2008. From the trenches of
‘Boards’: The word itself is enough to pique interest of people around you, be it friendly neighborhood uncle, the aunt who routinely calls just once a year, people who happen to eavesdrop on your conversation on the lift or your local grocery store owner. In
Mises.org editor Ryan McMaken joins the show to tackle some of the toughest and most controversial chapters of Rothbard's groundbreaking treatise The Ethics of Liberty. McMaken and Jeff Deist cover abortion, the rights of children, defamation, and all the "what ifs" contained in lifeboat situations.
There is no place in a free society for a government that sues private citizens for defamation. But even between private parties, defamation suits are often used by the powerful to silence others. Original Article: "How Defamation Suits Are Used to Stifle Free Speech" This Audio Mises
Saturday last, the president of El Salvador, Nayib Bukele, shook the bitcoin world when he announced he would make bitcoin legal tender in his country. The hype after that was unbelievable, as the hodlers went into overdrive. There were some more intelligent takes, as from
Scott Sumner is a monetary economist with the Mercatus Center. He famously argued in late 2008 that the Fed was too tight with monetary policy, and eventually he has convinced many economists of his views. In this episode he explains why interest rates and even
According to Marxists, the subjective theory of value is just bourgeois apologetics. By using the subjective theory, economists conceal the fact that the proletariat under capitalism is exploited. The labor theory of value shows that labor is the source of all surplus commodity value not
Texas governor Greg Abbott yesterday announced that the State will build its own border wall and will jail anyone "who enters our state illegally and is found trespassing, engaged in vandalism, criminal mischief, or smuggling," Moreover, Abbott announced plans to pursue an interstate compact with Arizona for purposes