Explore the most fascinating ideas from in philosophy, history of economic thought, austrian economics and bitcoin.


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Inflation is a vector. We track monetary inflation, the rate of state theft, using a modified Rothbard-Salerno formula.

Featured Content

September 13, 2022
The business of mining: bitcoin vs. real resources

Real resource miners produce commodities; bitcoin miners produce blocks.

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July 26, 2022
Inside money, outside money, and interventionism

Money is far easier imposed internally than externally.

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July 19, 2022
Fiat money vs. market-chosen monetary goods

Money emerges according to economic law. The force of government is no substitute.

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July 18, 2022
Is hodling rational?

Hodling viewed through the lens of Austrian economics.

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July 13, 2022
Price indices are a scam

Inflation is an expansion of money, not the increase in a statistical aggregation of arbitrarily chosen prices.

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