Voluntary Exchange Sources

There is a common view among bitcoin advocates, which also prevails to some extent among economists working in the Austrian tradition, that decentralization is always good and more-decentralized solutions are always better. In both forms, this view starts with a reasonable premise. Bitcoin revolutionized payments...

That is the topic of my latest Bloomberg column, here is one excerpt: If anything, crypto is more likely to hurt the currencies of countries that are doing very poorly, such as Venezuela. Fiat currency won’t just go away, so over the long run crypto could actually...

(Don Boudreaux) TweetDear Patrons of Cafe Hayek: You’ll notice that there are no more ads at Cafe Hayek. The annoyance of these ads – to you and to me – grew over time to a height that swamped the value to me of the income these...

A new world of medical entrepreneurship is growing. Concierge and cash-only practices, walk-in cash clinics, medical tourism, and cost-sharing plans are just a few of the ways free-market approaches are changing the landscape. Our expert speakers will discuss several of these developments, and more. Recorded in...

Many of us have noticed a trend toward the political misuse of words, both in legacy media and on social media. This isn’t a modern trend. In the 6th century B.C., the prophet Jeremiah denounced this same practice among his kinsmen, vividly portraying their deceptive verbal...