Bitcoin Surges Past $10,000 In Zimbabwe

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The Disaster of Zimbabwe’s Price Controls

The Disaster of Zimbabwe’s Price Controls

Prices are essential signals for coordinating the distribution of goods in an economy. Prices tell us where scarce resources are most needed. F. A. Hayek’s insights on this have been summarized by Peter Leeson: Market prices, he [Hayek] argues, signal to producers and...

Why Modern Monetary Theory Will Destroy Money

Article originally appeared in International Man Newsletter. (Here) MMT centers around the notion that the economy in general, and money in particular, should be the creatures of the State. It’s not a new idea – the meme has been around in one form or another since at...