Hierarchy or the Market

Editor’s Pick. Written by Kevin Carson. In an article in last June’s Freeman (2007), I applied some ideas from the socialist-calculation debate to the private corporation and examined the extent to which it is an island of calculational chaos in the market economy. I’d like to expand that line of analysis now and apply some common…

Render unto Caesar… Nothing

Editor’s Pick. Written by Darryl Perry. Yeshua did not say that taxes are lawful, nor did he counsel obedience to the Romans. In the context of a society with many competing currencies, most of which did not have Caesar’s inscription, Yushua’s response is subtly seditious. Even if one rejects the idea that all things belong…

Bitcoin for Beginners

Editor’s Pick. Written by Jeffrey Tucker. Understanding Bitcoin requires that we understand the limits of our ability to imagine the future that the market can create for us. Thirty years ago, for example, if someone had said that electronic text—digits flying through the air and landing in personalized inboxes owned by us all that we…