Clarifying the Economic Framework for Both Camps in the Bitcoin Debate
Bob helps to clarify the Bitcoin debate. On the one hand, the “no intrinsic value” skeptics are ignoring how Austrians deal with gold, while on the other hand, the “HODL forever” enthusiasts would never allow Bitcoin to become a money. Mentioned
Why Beijing Wants a Digital Yuan
The Chinese regime hopes it can use a digital yuan to challenge the supremacy of the US dollar. That brings a host of geopolitical advantages, as well. Original Article: "Why Beijing Wants a Digital Yuan" This Audio Mises Wire is generously sponsored
Decentralization Is a Step toward Self-Determination
Ludwig von Mises understood that locally based governance "follows necessarily from the principle of the rights of man.” And it's why Rothbard supported secession and local governance right down to the most local level possible. Original Article: "Decentralization Is a Step
Monetary Policy in America Is a Mess. Things Are Even Worse in Europe.
High inflation takes off where political forces are too strong to permit the implementation of harsh remedial measures with respect to taxation and monetary policy such as to prevent an implosion of the national currency. In the contemporary global financial
Fed Transparency Won’t Get Us out of the Mess the Fed Created
In an interview with National Public Radio’s “Morning Edition” program on Thursday, March 25, 2021, Fed chair Jerome Powell said that even with the economy rebounding faster than expected, any change in monetary policy would happen “very, very gradually over
Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.
It has long been a dream of central planners and interventionists to set a global, uniform tax rates for all regimes. These globalists know that so long as sovereign states have the ability to freely set their own tax rates,
Major League Baseball Punishes Georgians for the Acts of a Handful of Politicians
Georgia has new voter laws, and as could have been anticipated, they are polarizing. For the Left, they are infringements akin to Jim Crow; for the Right, they are commonsense reforms to counter voting fraud. The corporate press—never one to
Peter Klein: When Policy-Makers Discover The Benefits of Entrepreneurship, They Can’t Resist Intervening
Innovative entrepreneurship is the segment of the entrepreneurial economy that is especially highly focused on innovation via new products and services. Within innovative entrepreneurship there is an even brighter spotlight on NTBF — new technology-based firms that are cutting edge,
Lockdowns Are More Economically Devastating Than Voluntary Social Distancing
Lockdowns advocates claim fear of the virus is really what kept people home—and has thus led to the economic destruction of the past year. But they also claim that without forced lockdowns, people will quickly go back to normal. Both
Gun Laws and Decentralization: Lessons from “Constitutional Carry”
Forty years ago, the US had almost no legal concealed carry. Then over just a few decades, eighteen states adopted full-blown "constitutional carry" provisions, with many other states adopting concealed carry provisions as well. Original Article: "Gun Laws and Decentralization: Lessons