Voluntary Exchange Sources

19 May Entrepreneur-Led Economic Development: A New Strategy for Generating Local Growth and Productivity

Posted at 12:46h in Voluntary Exchange Sources by one80Admin

Four Key Steps and Three Key Players Economic development is stuck in the past. State and local governments spend more than $45 billion each year on a dated system of subsidies designed for the industrial era of the 1950s and 1960s.[1] These subsidy programs provide...

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19 May The Conflict of the Ages

Posted at 12:42h in Voluntary Exchange Sources by one80Admin

The year 2020 was a dreadful year as it relates to individual liberty, free association, commercial freedom, and private property, and 2021 isn’t looking much better. The main reason, of course, is not the coronavirus disease (COVID-19), but the government response to it. Volumes could be...

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18 May Investors Won’t Buy the “Transitory” Inflation Line

Posted at 21:34h in Voluntary Exchange Sources by one80Admin

The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it. Inflation is always a monetary phenomenon, and this time is not different. What central banks call transitory effects, and the impact of supply chains are not the...

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13 May America Makes Aircraft Carriers, China Makes Money

Posted at 13:31h in Voluntary Exchange Sources by one80Admin

First, America increasingly relies on strong-arm tactics instead of competence. For example, in the de facto 5G competition, Washington cannot offer Europe a better product at a better price, so it forbids European countries to buy from China. The US cannot compete with China in...

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13 May The Many Errors of the Dred Scott Decision

Posted at 13:28h in Voluntary Exchange Sources by one80Admin

The 1857 Dred Scott Decision is recognized by many as the worst Supreme Court decision in history. It is the only one to be overturned by a civil war. In that decision, the Court ruled that a person of African descent could never be a...

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13 May Beyond behaviorism, positivism, and neo-institutionalism in economics

Posted at 13:26h in Voluntary Exchange Sources by one80Admin

Silvestri interviews McCloskey about her forthcoming book, ‘Beyond Behaviorism, Positivism, and Neo-Institutionalism in Economics’, critical of recent economics, especially of neo-institutionalism. Neo-institutionalism uses the ugly character ‘Herr Max U’ as its central idea: the elevation of Prudence to the only virtue. Institutions are mainly intermediate,...

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13 May America Makes Aircraft Carriers, China Makes Money

Posted at 13:26h in Voluntary Exchange Sources by one80Admin

The US continues to pursue force across the globe, with ever-increasing military budgets, sanctions, and threats, while China continues to make deals across the globe, arriving with bags of money to make investments. Which one is more sustainable? Also today, Gov. DeWine: 'Want some money?'...

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12 May Why Fungibility Is Important in Understanding Money and Crypto

Posted at 17:43h in Voluntary Exchange Sources by one80Admin

As the decentralized revolution gains momentum and cryptocurrency adoption reaches new heights, concerns pertaining to the quality of money are too often ignored. According to a Crypto.com report, the number of bitcoin owners surpassed 71 million in January 2021, but how many of them are...

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11 May Bernie Sanders Weighs in on the Growing Labor Crisis. Here’s the Flaw in His Reasoning.

Posted at 21:54h in Voluntary Exchange Sources by one80Admin

The US Bureau of Labor Statistics released their April jobs report on Friday, and the results weren’t pretty. While many experts had predicted that close to a million jobs had been added in the month, the actual number was 266,000. So why did the economy do...

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11 May Hayek’s Still Relevant Response to Today’s Paternalist Planners

Posted at 16:31h in Voluntary Exchange Sources by one80Admin

Among many American “progressives” and those in the Democratic Party establishment, there is a heady euphoria that their day has again come, that there is an opportunity to establish and implement their dream of a far more comprehensive and commanding government presence over the society.   Their...

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