The word “money” comes from the Latin moneta, which is where coins of precious metal were made and stored. Precious metals naturally rose to the top of money markets because they are scarce, long-lasting, and valued by weight. Gold in particular became the standard for money because it is uniquely suited to serve the purposes of money.
Tag: markets
Intellectual Property: Skyler J. Collins vs. Alex R. Knight III
I had a little back and forth in the comment section on one of my recent podcast episodes with my friend Alex Knight (ARK3). I thought I’d reproduce it here in all it’s glory.
The Road to a Dim Dystopia
What has happened with tech companies over the last several years have really challenged certain perceptions I have held on government, private businesses, and markets.
Why Lockdowns Offer the Perfect Opportunity to Teach Kids about Liberty and Government
Parents can help children choose freedom over force, and ensure that these lockdowns never, ever happen again.
Yes, Americans are Fat; The US Military is Fatter
Mission: Readiness, a group of retired military officers, wants the US Department of Defense to create an “advisory committee on military recruitment,” with a view toward getting the next generation in shape so that they’re qualified, as the old saying goes, to “travel to exotic, distant lands; meet exciting, unusual people; and kill them.” I’ve got a better idea: Instead of trying to trim fat off America’s adolescents, trim fat off the US Armed Forces.
John Hasnas: Have Markets Failed? (25m)
This episode features a talk by law and business professor John Hasnas from 2013. He talks about the failures of “market-failure” arguments so often used by bureaucrats to justify government regulation. He explained why he believes that the internal regulatory mechanisms of free markets prove to be far more powerful than anything that politicians can attempt.
Post-Punitive Parenting & Markets Aren’t Miraculous (21m) – Episode 440
Episode 440 has Skyler giving his commentary on the following topics: an article he wrote in August 2011 titled, “Post-Punitive Parenting”; and an article he wrote in May 2018 titled, “Markets aren’t Miraculous; God Bless the World”.
Walter Williams: American Contempt for Liberty (56m)
This episode features a discussion with economics professor Walter Williams from 2015. Throughout history, personal liberty, free markets, and peaceable, voluntary exchanges have been roundly denounced by tyrants and often greeted with suspicion by the general public. Unfortunately, argues Dr. Williams, Americans have increasingly accepted the tyrannical ideas of reduced private property rights and reduced rights to profits, and have become enamored with restrictions on personal liberty and control by government.
Skyler J. Collins vs. Richard D. Wolff on Capitalism and Socialism (47m) – Episode 433
Episode 433 has Skyler responding to claims and arguments made by Richard Wolff in debates with David Friedman and Gene Epstein. Topics include: Wolff’s debate tactic of feigning ignorance; Wolff’s definitions of capitalism and socialism; the concept of self-ownership; the concept of private property from original appropriation; how private firms can be organized; capitalism as a concept verse markets as a concept; and more.
Fried Chicken in a Hardware Store
Or, horror fiction on a libertarian website, if you prefer (see my bio below). Most of us have heard this expression, but for the uninitiated, it means attempting to market a product, service, or idea to the wrong or inappropriate audience or demographic. Thing is, I recall a hardware store in New Hampshire about 20 years ago that did sell fried chicken – and it was delicious.