Category Archives: Currency

The growing incentive to give up U.S. citizenship

(Bloomberg) Americans renouncing U.S. citizenship surged sixfold in the second quarter from a year earlier as the government prepares to introduce tougher asset-disclosure rules. Expatriates giving up their nationality at U.S. embassies climbed to 1,131 in the three months through … Continue reading

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Murray Rothbard on the founding of the Federal Reserve 100 years ago

A speech by Murray N. Rothbard. Presented at the Mises Institute’s 1984 “Seminar on Money and Government,” in Houston, Texas.

Austrian School, Autarchy, Bureaucracy, Closed System, Competition, Consumerism, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Systems Theory, Taxes, Tyranny, Wealth, Welfare Statism, Zero-sum | Leave a comment

Stock market near all time high…so is money supply

(Freakonomics) U.S. stock markets* are flirting with all-time highs (it may happen today) but I am hearing and reading very little about it. Why is that? I can think of a few possible reasons, and am eager to hear yours. … Continue reading

2007-08 Crisis, Austrian School, Budget Deficit, Bureaucracy, Capitalism, Competition, Complexity, Currency, Current Events, Economic Policy, Economic Theory, Free Market, Frontier Thesis, Game Theory, Inflation, Interdependency, Motivation, National Debt, Taxes, Wealth, Welfare Statism, Zero-sum | Leave a comment

An argument against political correctness and fiscal irresponsibility

(Illinois Review) At Thursday morning’s National Prayer Breakfast, Dr. Benjamin Carson, a celebrated pediatric neurosurgeon at Johns Hopkins Hospital, gave a 25-minute long keynote address that directly refuted the key tenets of President Barack Obama’s liberal agenda – with Obama … Continue reading

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A critique of Bitcoins

Episode 10 – Bit Coins the Currency of the Dark Net from Minute MBA by OnlineMBA.com on Vimeo. The idea that BitCoins are dangerous because they are used for illicit transactions is a fair concern, but can one really assume … Continue reading

Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Currency, Current Events, Economic Policy, Economic Theory, Free Market, Interdependency, Keynesianism, Legal Theory, Marxism, National Debt, Political Theory, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Systems Theory, Technology, Trade, Wealth, Welfare Statism | Leave a comment

What if money didn’t matter?

How do you like to spend your life? What do you desire? what if money didn’t matter? What if money was no object? Alan Watts explores the possibilities. Put frankly as it is, it makes no sense that folks should … Continue reading

Behavioral Economics, Bureaucracy, Closed System, Competition, Complexity, Currency, Economic Theory, Free Market, Game Theory, Inspiration, Interdependency, Perpetuity, Psychology, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Specialism, Trade, Wealth, Zero-sum | Leave a comment

When in the Course of human events…

In the wake of the latest election, several states have petitioned the White House to peacefully secede from the United States. Sometimes, that is all that seems to be left in a system that is overgrown and overbearing. The US … Continue reading

2007-08 Crisis, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Land, Free Market, Frontier Thesis, Inflation, Inspiration, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Polycentrism, Rational Choice Theory, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Sociology, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism, Zero-sum | Leave a comment

Fixing the system by working within it

Debate This! is a co-production of Rebellious Truths and The Comeback America Initiative (http://www.keepingamericagreat.org), featuring footage from The Can Kicks Back (http://www.thecankicksback.org). In this video, the youth of America speak frankly to their concerns about the debt crisis and our … Continue reading

2007-08 Crisis, Autarchy, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Inflation, Interdependency, Keynesianism, Legal Theory, Marxism, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism | Leave a comment

American exceptionalism pronounced at Republican National Convention

Transcript: When the Supreme Court upheld Obamacare, the first words out of my mouth were: I still think it is unconstitutional! The leftwing blogs were merciless. Even my wife said — can’t you pleeeease count to ten before you speak? … Continue reading

2007-08 Crisis, Austrian School, Autarchy, Budget Deficit, Bureaucracy, Capitalism, Closed System, Competition, Complexity, Culture Divide, Currency, Current Events, Debt Ceiling, Federal Budget, Free Market, Inspiration, Interdependency, Motivation, National Debt, Political Theory, Polycentrism, Self-Government, Self-Rule, Solutions, Systems Theory, Taxes, Trade, Wealth, Welfare Statism | Leave a comment

Are we advancing technologically? Economically?

PETER THIEL: But I think that when you look at this question of how much technological progress has been happening, we get into all these complicated measurement issues.  The one that I cite as the big data point is that … Continue reading

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Greece–a portent of things to come?

Moodys Investors Service considers Greece to have defaulted per its default definitions. The announcement comes despite Athens reaching a deal with private creditors for a bond exchange that will shave €107 billion from its €350 billion debt. The agency pointed … Continue reading

Budget Deficit, Capitalism, Competition, Complexity, Consumerism, Currency, Current Events, Debt Ceiling, Economic Policy, Euro Crisis, Federal Budget, Foreign Aid, Free Market, Inflation, Interdependency, Keynesianism, Marxism, Motivation, Perpetuity, Political Theory, Poverty, Public Choice Theory, Systems Theory, Welfare Statism | Leave a comment

The striking connection between contraception and sovereign debt

Mark Steyn has an uncanny knack for pointing out obscure and yet compelling aspects of our political economy. In his latest column, he shows how the latest controversy over Obama’s contraception mandate is less a distraction from our economic woes, … Continue reading

Bureaucracy, Culture Divide, Currency, Current Events, Debt Ceiling, Economic Policy, Economic Theory, Federal Budget, Free Market, Indiana School, Influences, Interdependency, Keynesianism, Legal Theory, Motivation, National Debt, Perpetuity, Political Theory, Public Choice Theory, Welfare Statism | Leave a comment

Currents in currency

Away with the past: (Death to Pennies) The story of the penny starts in the first US Mint founded in 1792 which produced these one-cent pieces along with other coins including the Quarter, Dime, Half Dime and a mystery coin … Continue reading

Competition, Complexity, Currency, Current Events, Division of Labor, Economic Policy, Free Market, Inflation, Inspiration, Interdependency, Simplicity, Solutions, Trade, Wealth | Leave a comment

Local currencies could reshape Brazilian economy

The Wall Street Journal recently featured a story on a currency called the capivari, a local currency emblazoned with the face of a giant rodent. The capivari is one of 63 local moneys—including bills named after the sun, cactus and … Continue reading

Austrian School, Autarchy, Closed System, Competition, Complexity, Currency, Current Events, Economic Policy, Inflation, Interdependency, Polycentrism, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Simplicity, Solutions, Trade, Wealth | Leave a comment

Is BitCoin the currency of the future?

In this podcast from EconTalk and the Library of Economics and Liberty, Gavin Andresen, Principal of the BitCoin Virtual Currency Project, talks with host Russ Roberts about BitCoin, an innovative attempt to create a decentralized electronic currency. Andresen explains the … Continue reading

Autarchy, Competition, Currency, Current Events, Economic Policy, Interdependency, Self-Government, Self-Reliance, Self-Rule, Self-Sufficiency, Solutions, Wealth | Leave a comment