#austrian-economics

Bitcoin and its core concepts concurrently serve as tools for generating wealth, platforms for community building, and catalysts for freedom-oriented movements. Introduction; This is a plain English

Ein exzellenter Vortrag von Jörg Hermsdorf, der Bitcoin von einer ganz anderen Warte betrachtet. Quantenphysik trifft Blockchain. Intro (0:00) Austrian Economics und Quantenphysik (3:30) Geld, Information,

Book Review of Bit by Bit

일본의 '잃어버린 20년'이 소비 위축 때문에 촉발됐다는 주장이 많다. 내가 듣는 수업의 교수님도, 카이스트 이병태 교수님도 그렇게 얘기하신다. 학파 간 시각 차이긴 하겠지만, 나는 소비 위축이 불황의 원인이 될 수 없다는 오스트리아학파 경제학을 지지한다. 소비가 위축되는 것은 '소비할 수 있는 소득'이 없기 때문이다. 소비할 수 있는 소득이 없는 이유는 시장에서

( Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but

Dear reader, I want to share this very basic text, which was first published in 1850 by Frédéric Bastiat as the first part of his essay „That Which is Seen, and That Which is Not Seen“. I share it because

In the late 19th and early 20th century, Vienna had a much higher significance than today. It was the capital of a multi-ethnic empire that comprised the present-day states of Austria, Hungary, the Czech

I visited Prague, Czech Republic for the first time last April. I was there to attend two conferences: Austrian Economics Meeting Europe (AEME) and the Prague Conference on Political Economy (PCPE). After