Three Reasons Why Bitcoin Is Not Money

With the dramatic rise of bitcoin, many are talking about this crypto-currency as the new money of the future. Such a simplification is understandable, since the matter of money is complex. Not all that glitters is gold. Likewise, what appears … Continue reading

Why Regulation Does Not Always Work

It is astonishing to see how so many people think unbalanced markets can be regulated into order. They think that stopping abuses with straitjacket regulations will solve all problems. In the case of frenzied markets, this usually addresses the effects … Continue reading

When Government Does Good Things Poorly

It is no secret that middle-class Americans are angry at the government and the general state of things. The so-called anti-establishment candidates appear to be channeling that rage to their camps. It is a raw undefined rage that is based … Continue reading

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