It’s a common cry across social and popular media to deride one business or another for the way they model their wage structure. Most of my current income is earned by delivering food for companies like DoorDash and GrubHub. I do pretty well, but I’ve also spent a year and half learning how to do pretty well in my particular market.
Tag: money
Two-and-a-Half Cheers for Elizabeth Warren’s Student Debt Plan
There’s a strong historical correlation between easy availability of student loans and soaring costs of a college or university education. It’s basic economics. By artificially lowering loan risk to direct money at a good or service, government increases debt and drives up the price of that good or service.
I Dream of Anarchy
As any good conversation about liberty ought to, it turned to the question of anarchy. Not in the positive, bomb-throwing sense. Anarchy simply meaning society without a political ruler, or without the initiation of violence. I shared with him a deep and rich body of thought, from Linda and Morris Tannehill, to Lysander Spooner, to Frank Chodorov, to Roy Childs, to David Friedman (Milton’s son), to Spencer Heath MacCollum, to Murray Rothbard, to Leo Tolstoy, to Leonard Read, to Randy Barnett, to John Hasnas, to Bruce Benson, to Robert Higgs, to Edward Stringham, to Peter Leeson, to Jeffrey Tucker and more.
Broaden Your Idea of What’s Possible for Your Life
In the last five years I discovered that it was possible for an awkward, non-technical, non-athletic farm kid to skip college and become an important part of a cryptocurrency tech startup, become a fairly avid trail runner, and become comfortable […]
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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.
Iraq: America’s Other “Longest War”
As the calendar prepares to flip from 2019 to 2020, protesters stormed the US embassy in Baghdad. As I write this, the action — a response to US airstrikes in Iraq and Syria which killed at least 25 and wounded more than 50 — hasn’t yet become a reprise of the Iran hostage crisis of 40 years ago, but it’s eerily reminiscent.
In Praise of Home Delivery Culture
Much of the focus on home delivery culture, both positive and negative, is on lots and lots of stuff becoming more and more accessible. That’s true, and relevant, whether you’re a fan of consumer culture or bemoan it. But home delivery culture also incentivizes businesses to do things that are good for all of us. And it does so through market mechanisms rather than through political haggling.
A Modest Proposal for Improving Senate Impeachment Trials
Once the House passes articles of impeachment, Roberts should order his clerks to drop everything else and get to work examining the public statements of all 100 members of the US Senate. His first order of business at the trial should be to excuse any and all Senators who have publicly announced their prejudices on Trump’s guilt or innocence from “jury duty.”
Meet Virgil Griffith: America’s Newest Political Prisoner
On November 29, FBI agents arrested hacker and cryptocurrency developer Virgil Griffith. His alleged crime: Talking. Yes, really. The FBI alleges that Griffith “participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money.”
Tom Woods: Economics Is About Social Cooperation, Not Money or Greed (31m)
This episode features a lecture by historian and Austro-libertarian Tom Woods from 2015. What is it, fundamentally, that fascinates us about economics? Some people hear economics and think greed. But to the contrary, what fascinates us about economics is the phenomenon of social cooperation, which takes place on a global scale despite the lack of any global authority directing it.