Friday “Everything the government touches turns to shit.”  Ringo Starr (Still my favourite quote of the 20th century) Mr Starr admirably summed up the pernicious effect of government upon a society; any society. Even the US, with its admirable Constitution, which was the envy of civilized people from all over the world, has now succumbed. No system of … [Read more...]

Tuesday by Jeffrey A. Tucker writing for A.I.E.R. All this talk of a $15 national minimum wage prompted me to revisit the standard textbook on economics of the US Progressive Era. Principles of Economics, by Frank W. Taussig (1917) is a pretty interesting book overall and it does hold up in general as an elucidation of then-existing knowledge and … [Read more...]

Monday … [Read more...]

Friday by: Hugo Salinas Price In ages past, gold and silver provided humanity with a system of economic co-operation among productive humans, which was fair to all participants. With gold and silver, humans were trading value-for-value: what changed hands were amounts of physical gold or silver, or at least, Bills which were unquestioned claims upon gold or … [Read more...]

Thursday By the way, if it wasn't already obvious (which it should have been) the previous post explains why Bitcoin is not, and can never be, money. … [Read more...]