Please join us at the Satoshi Nakamoto Institute

The Satoshi Nakamoto Institute was founded in November 2013 by Michael Goldstein, Daniel Krawisz and Pierre Rochard of the Mises Circle at the University of Texas to preserve and continue the crypto-anarchist and Cypherpunk tradition of which Bitcoin is a…

The Bitcoin Central Bank’s Perfect Monetary Policy

The Bitcoin Central Bank’s Perfect Monetary Policy

The Bitcoin Central Bank will be the longest lasting institution of its kind thanks to the anti-fragile independent monetary policy it has set in stone.

A Reader on the Higher Education Mania

A Reader on the Higher Education Mania

College is not inexpensive, and for-profit and online institutions have not been able to change this (even while they offer an inferior product in terms of academic, social and extracurricular offerings). Perhaps college was not meant to be a bargain,…

Jesús Huera de Soto

Fractional Reserve Banking is Obsolete

In the definitive treatise on Austrian Business Cycle Theory, Money, Bank Credit, and Economic Cycles, Jesús Huerta de Soto establishes the inevitability of economic crises wherever there is fractional reserve banking. All that is left for monetary scholars to do is analyze past…

Working and Saving are Revolutionary Acts

Working and Saving are Revolutionary Acts

Government exists because it is, de facto, the equilibrium solution to providing judicial and defense services. This equilibrium is the result of ideology, high transaction costs, and strong asset specificity. To change this equilibrium, should we try to persuade people…