How a smaller government made the iPhone possible
From the inglorious year 1913 until 1984 the United States had a government sanctioned telephone monopoly, in some form or another, with very heavy…
Phone Number
The War on Cash: Haldane Edition
The Adam Smith Institute have recently published my report “Killing the Cash Cow: Why Andy Haldane is Wrong on Demonetisation” on Andy Haldane’s proposal…
Bank of Dave
Tom Clougherty’s recent Alt-M post on competition (or the lack thereof) in UK banking nicely highlights the problem posed by barriers to entry into…
Losing the loser’s game
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a…
CBDCS: THE HOTTEST TOPIC IN CENTRAL BANKING
Since we last reported on the ECB’s thinking about CBDCs1, multiple central banks have undertaken research in designing, operating and selling CBDCs. As of…
Power Against People: A Christian critique of the State
Introduction Ever since that period in European history known as the ‘18th century Enlightenment,’ the idea has firmly taken root in Western culture that…
If America Were Totalitarian, Where Would You Want to Live?
Suppose that one evening as the sun was setting and dusk was settling in, a strange mist fell over the United States that resulted…
Out of Control Government and Isaiah’s Job
It is very difficult to be a classical liberal or libertarian and not experience bouts of disappointment, frustration, and outright pessimism. The world around…
The “Most Important Question” For Investors: Where Will Biden’s Trillions In Stimmys End Up?
BY TYLER DURDEN at Zero Hedge Now that the $1.85 trillion Biden stimulus is officially being deployed with tens of millions of stimmy checks…
The Digital Euro and Central Planning
Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone….