Economic History

  • Decentralized Cryptocurrency Systems and Hayek’s Unplanned Economy

    “Pure free market money is emerging upon the world to compete from a position of zero against a Goliath establishment. If it wins, the debate is settled. With luck, but thankfully without the permission of any planner, we all get to witness Hayek’s ideal of decentralization bear out across financial markets in all of the…

    Decentralized Cryptocurrency Systems and Hayek’s Unplanned Economy
  • The American Tradition of Ordered Liberty

    “Regardless of what we think of these traditions and practices, we cannot comprehend the history and development of American institutions without reference to them. To understand money, we must understand the entire institutional chain: from money to banking and finance, to law and politics, to the ultimate sources of social authority. The story of money…

    The American Tradition of Ordered Liberty
  • Stay-at-Home Orders and the Willingness to Stay Home

    It has become common, in times of crisis, to ask: what will the government do to fix this? And there is certainly a lot that state and federal governments can do. The lesson I hope we will learn from this pandemic, however, is that there is much that can be accomplished locally as well.

    Stay-at-Home Orders and the Willingness to Stay Home
  • Stateless in the Walled City of Kowloon

    Are lovers of liberty ever to turn our faces toward the sun, standing on truly free soil? Remembering the Walled City of Kowloon should energize our determined, but peaceful, fight.

    Stateless in the Walled City of Kowloon
  • What if Government Suddenly Disappeared?

    The unknown history of Neutral Moresnet proves that there is an inverse relationship between the size and scope of government and the potential for both peace and prosperity.

    What if Government Suddenly Disappeared?
  • 1920 Depression v. Great Depression

    There is a reason why you’ve never heard of the depression that began in 1920.

    1920 Depression v. Great Depression