Joakim Book

If You Are Early, You Are Wrong

Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.

markettiming

Why Shouldn’t Brazil Burn Its Rainforest?

Instead of reproaching politicians, sensationalizing the news, or projecting imminent environmental disaster, let’s consider the more intriguing idea: maybe Brazil should clear more of its rainforest rather than less.

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Bitcoin’s Fixed Money Supply Is a Weakness

Contrary to what maximalists believe, Bitcoin’s fixed supply is its major drawback to becoming the world’s preferred money, especially so if it is not accompanied by fractional-reserve Bitcoin banks.

BTCdominance

The Wonderful Technology of Banking

Modern banking is a wonderful technology. Understanding how regulation shapes it and contributes to the outcomes we observe is of great importance.

bankingtech

The Workings of the Gold Standard

Interventionist monetary policies, intending to lower interest rates to boost the economy or increase employment, are circumscribed.

goldbricks