On this episode of Good Money , Tho Bishop is joined by Wesley Schlemmer, president and co-founder of Bitcoin Bay . Wesley discusses the benefits of creating local professional networks around common values and how Bitcoin Bay is helping Tampa residents convert Bitcoin into real goods and services, including locally raised beef. Learn more about
David Brady, Jr. discusses his recent article at mises.org, in which he argues that the newly launched “FedNOW” system isn’t a CBDC. Even so, there are dangers from FedNOW, such as exacerbating bank runs. David also explains the new Mises Apprenticeship program, of which he is a member. David’s Article on Mises.org: Mises.org/HAP406a George Selgin
Listen to the Audio Mises Wire version of this article. The Venezuelan government recently announced that its Administrative Service for Identification, Migration and Foreigners (SAIME) is now accepting bitcoin as a payment method for passports. The problem with that is that bitcoin is not anonymous but pseudonymous. To interact with any
“Russia, Russia, Russia,” the current president used to sarcastically chastise opponents for wondering about 2016 election tinkering from Putin’s principality. Recent MAGA rallies featured “Covid, covid, covid,” with President Trump complaining that the press could think of nothing else. In investmentland, it’s “Bitcoin, bitcoin, bitcoin,” again
The Bitcoin Standard: The Decentralized Alternative to Central Banking Saifedean Ammous Hoboken, N.J.: John Wiley and Sons, 2018 xviii + 286 pp. Abstract: Treating bitcoin from the point of view of Austrian economics, Saifedean Ammous’ The Bitcoin Standard relates bitcoin to the theory of the market economy as a whole. Bitcoin is not necessarily
Abstract: Given Bitcoin’s apparent lack of non-monetary uses, Luther (2018) argues that its emergence as a medium of exchange invalidates the regression theorem, or at least severely limits its relevance to identifying which commodities could emerge as media of exchange in the absence of State intervention. However, this view misinterprets both
The title of this article epitomizes what the Austrian economist Ludwig von Mises (1881–1973) called the “sound money principle.” As Mises put it: The sound-money principle has two aspects. It is affirmative in approving the market’s choice of a commonly used medium of exchange. It is negative in obstructing the government’s propensity to meddle
Radio Rothbard is a weekly podcast hosted by Ryan McMaken and Tho Bishop. The show tackles politics, current events, culture, media, and the predatory state—all from an uncompromising Rothbardian perspective. Radio Rothbard is the weekly anti politics podcast you don’t want to
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.