Real Democracy Requires a Separation of Money and State

As we enter a new year, the running battle between the world’s governments and the world-changing technology known as “cryptocurrency” continues. As 2019 drew to an end, Swiss president Ueli Maurer asserted that Facebook’s digital currency (not a real cryptocurrency), Libra, has failed “because central banks will not accept the basket of currencies underpinning it.” Politicians want to regulate — or, if possible, kill — cryptocurrency.

When May We Be Happy?

I suspect that many readers are telling themselves, “This is going to be a great year once the vaccine brings us to herd immunity.”  Wrong.  This is going to be a great year starting today if you choose to make it great.  And if you postpone happiness until society gets its act together, you’ll be waiting for a lifetime.

The Miracle of the Market

At this time of year especially, the wide variety of individual human preferences and interests becomes abundantly clear. My children’s Christmas lists display this diversity: Molly (13) wants a doughnut pan to feed her baking passion, Jack (11) wants anything tech-related, Abby (9) wants drawing supplies, and Sam (6) wants Lego pieces and stuffed animals. How do the elves satisfy these assorted preferences? It’s the miracle of the market.