Is there a word for serendipitous Wikipedia browsing? Yesterday I started out seeking information on punk music and I ended up discovering Bitcoin, an open source peer-to-peer digital currency. Bitcoin uses strong cryptography and decentralized computing to produce scarcity in the money supply, which grows at a predefined rate that is clearly visible in the source code. [...]

Tags: Bitcoin, Black, crypto-anarchism, cryptocurrency, Friedman, Future Imperfect, legal restrictions theory, Luther, monetary theory, Sumner, Wallace
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Steve Landsburg was at GMU yesterday, giving a talk about his recent book, The Big Questions. His premise is that economics has a lot to contribute to philosophy, and in each of his chapters he addresses a different Big Question from the perspective of an economist/mathematician. I haven’t read the book, but during the seminar my [...]

Tags: counterfeiting, efficiency, Landsburg, Luther, morality
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