Author Archive for Mark Thornton

Intro to Bitcoin

Mark Thornton is interviewed about the basics of Bitcoin

Rothbard in the New Yorker

Not exactly correct on all point, but worth a read.

In fact, there is one anarchist who could be considered influential in Washington, but he wasn’t among the activists who participated in the Occupy movement—he died nearly twenty years ago. His name is Murray Rothbard, and, among small-government Republicans, he is something of a cult hero. He was Ron Paul’s intellectual mentor, which makes him the godfather of the godfather of the Tea Party.

Japan is the Model?

Nobel Laurette Joseph Stiglitz claims here that Japan is the model for how economic policy can get the world economy out of its current malaise.

Now, though, Japan is leading the way. The recently elected prime minister, Shinzo Abe, has embarked on a crash course of monetary easing, public works spending and promotion of entrepreneurship and foreign investment to reverse what he has called “a deep loss of confidence.” The new policies look to be a major boon for Japan. And what happens in Japan, which is the world’s third-largest economy and was once seen as America’s fiercest economic rival, will have a big impact in the United States and around the world.

10 Things Economists Will Not Tell You

Here is a remarkably accurate analysis of modern mainstream economics.

Mises Was Right

Senior Economist of the Italian Parliament says Mises was right about inflation all along.

Supply Sider v. Austrian

Supply-side economist Nathan Lewis discusses the differences between Supply Side Economics and Austrian Economics (with respect to monetary policy) in Forbes. At first he goes on to attack the Austrians but ultimately he extends an olive branch in the form of the Classical pre-1913 Gold Standard.

Rothbard on Statistics

Here is an early article by Murray Rothbard on government statistics. Someone needs to update and expand on these numbers.

Krugman Accused of Uncivil Behavior

“The gloves are off in the roiling academic dispute over the merits of austerity and the dangers of debt.”

In the latest round, Harvard economists Kenneth Rogoff and Carmen Reinhart accused Princeton economist and New York Times columnist Paul Krugman of “spectacularly uncivil behavior” and the inaccurate allegation that they refused to share data supporting their work linking heavy debt levels to subsequent slow economic growth.”

China Review

Here is a book review from the Wall Street Journal that gives a good picture of the past and present of China.

Six Stages of the Libertarian Movement

Speech (transcript) by Murray Rothbard: The Six Stages of the Libertarian Movement.