New Jersey Council for Economic Education |

22 Jun John Stuart Mill, “the Marketplace of Ideas,” and Minority Opinion

Posted at 22:33h in Voluntary Exchange Sources by one80Admin

When justifying the airing of opinion, particularly of unpopular opinion, interlocutors have often pointed to John Stuart Mill’s On Liberty for support. Mill’s classical liberal tome is regarded as one of the greatest defenses of individuality, free thought, and free speech ever written. Raised by...

22 Jun An Old Geezer on Learning about Liberty and Its Loss

Posted at 22:30h in Voluntary Exchange Sources by one80Admin

I am now in my 70s. No longer a spring chicken but not a dead duck yet either, with, I hope, a few good years left. When I was in my mid 20s, I had the opportunity and good fortune to meet and interact for...

22 Jun The Bubble That Never Was: Finance’s Definition Problem

Posted at 22:29h in Voluntary Exchange Sources by one80Admin

A seemingly simple question has bothered the discipline of finance for decades: what is a bubble? In a theoretical sense it’s a banal question: if the price of an asset is trading much higher than what it’s actually worth, it’s a bubble; if not, then...

22 Jun How to Change: Just Do It?

Posted at 22:16h in Voluntary Exchange Sources by one80Admin

How many times have you abandoned your New Year’s Resolution or given up on a goal that seemed unattainable? Are you looking for sustainable ways to actually achieve your goals? Well, there may be some new tricks to try. In this episode, EconTalk host Russ...

22 Jun How the Surgery Center of Oklahoma Tapped the Cash Market

Posted at 22:15h in Voluntary Exchange Sources by one80Admin

"The cronies and their government pals are increasingly exposed. As the co-founder of the Free Market Medical Association, I am filled with optimism watching the growth and acceptance of market discipline in this industry." A new world of medical entrepreneurship is growing. Concierge and cash-only practices,...

22 Jun The Covid Lockdowns Showed Us How Dangerous Social Engineers Have Become

Posted at 22:15h in Voluntary Exchange Sources by one80Admin

Since the onset of the covid-19 pandemic, governments around the world, along with a handful of unelected medical experts, have been behaving as though they are the social engineers of totalitarian regimes (e.g., fascism, Nazism, and communism). To be more precise, this select group of...

22 Jun Self-Help vs. Power-Hunger

Posted at 22:13h in Voluntary Exchange Sources by one80Admin

I was recently on an NPR panel on “Capitalism” with a pair of self-identified socialists – Kristen Ghodsee and Vivek Chibber. The hosts asked us a wide range of questions, including several of the form: “What would you say to a person with problem X?” ...

22 Jun The Decentralization Fetish

Posted at 00:29h in Voluntary Exchange Sources by one80Admin

There is a common view among bitcoin advocates, which also prevails to some extent among economists working in the Austrian tradition, that decentralization is always good and more-decentralized solutions are always better. In both forms, this view starts with a reasonable premise. Bitcoin revolutionized payments...

22 Jun How Bitcoin Could Replace the U.S. Dollar

Posted at 00:26h in Voluntary Exchange Sources by one80Admin

Former Google engineer Vijay Boyapati talks inflation, the Austrian school of economics, and his new book on bitcoin.Full text and links: https://ift.tt/35DErNY------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_...

22 Jun What crypto people get wrong

Posted at 00:25h in Voluntary Exchange Sources by one80Admin

That is the topic of my latest Bloomberg column, here is one excerpt: If anything, crypto is more likely to hurt the currencies of countries that are doing very poorly, such as Venezuela. Fiat currency won’t just go away, so over the long run crypto could actually...

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