Daily Archives: December 17, 2015

The Tom Woods Show: Episode 557 – The State’s Corruption of Private Law, or We Don’t Need No Legislature

‘Ever since we learned in school how a bill becomes a law, we’ve absorbed the idea that it’s normal for law to be imposed from the top down. But it’s possible, and indeed the historical norm, for law to emerge … Continue reading

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From Wired: SEC Approves Plan to Issue Stock Via Bitcoin’s Blockchain

‘The Securities and Exchange Commission has approved a plan from online retailer Overstock.com to issue company stock via the Internet, signaling a significant shift in the way financial securities will be distributed and traded in the years to come. Over … Continue reading

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The Absurdity of Negative Interest Rates by Paul-Martin Foss

Note that it is only the Austrian school of economics that has a correct view of the natural rate of interest such that the concept of a negative natural rate of interest is an impossibility. This view is due to … Continue reading

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