The Economics of Bitcoin

Editor’s Pick. Written by Robert Murphy. Bitcoin is an ingenious peer-to-peer “virtual” or “digital currency” that challenges the way economists have traditionally thought about money. Its inbuilt scarcity provides an assurance of purchasing power arguably safer than any other system yet conceived. But to understand these claims, one must first understand the basics of Bitcoin.…

Why You Should Run Away

Editor’s Pick. Written by Paul Rosenberg. One of the more instructive experiences of my life occurred when was when I was a teenager, barely sixteen years old. My dad, whom I had previously considered to be incredibly over-protective, put me on a cross-country bus and sent me, alone, to visit my grandmother, some two thousand…

Church and State, Beside the Point

Editor’s Pick. Written by Michael Rozeff. Only because people are forced to live under territorial monopolists is the separation of church from that monopolist an issue of any substance, because then people of different religious persuasions or philosophical beliefs vie for their preferred state and accompanying religious trappings. Read the full thing at LewRockwell.com »