I was recently on an NPR panel on “Capitalism” with a pair of self-identified socialists – Kristen Ghodsee and Vivek Chibber. The hosts asked us a wide range of questions, including several of the form: “What would you say to a person with problem X?” ...
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...
Former Google engineer Vijay Boyapati talks inflation, the Austrian school of economics, and his new book on bitcoin.Full text and links: https://ift.tt/35DErNY------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_...
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...
The new consensus on Friedman’s work among economists has essentially reversed Summers’s verdict from 2006. “Almost nothing remains of his intellectual legacy,” according to Columbia University economist Jeffrey Sachs. “It has proven to be a disastrous misdirection for the world’s economies.” This is from Zachary D....
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...
Just last week I argued that cryptocurrency is here to stay. Now I’d like to explain to some of my crypto friends why parts of the mainstream economics and financial world do not take them more seriously. To put it bluntly: Many of you do...
Far from being a war against “white supremacy,” the Biden administration’s new “domestic terror” strategy clearly targets primarily those who oppose US government overreach and those who oppose capitalism and/or globalization. In the latest sign that the US government’s War on Domestic Terror is growing in...