Free Capitalist Network - Community Archive
Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

Search

  • Re: Minarchy vs Anarchy

    Hello Gavin - welcome to the forum! [quote user="Gavin23"] Does being a Austrian economists mean you have to be an Anarchist? This site is named after Mises who I believe was a Minarchist not an Anarchist (Right?) Further many notable Austrian economists such as Hayek, Peter Schiff and others are also Minarchists. So whats the relationship
    Posted to Political Theory (Forum) by Graham Wright on Fri, May 3 2013
  • Re: How can anarchy sustain itself?

    [quote user="RumblyElk"]Toward the beginning, I think your scenario is quite likely. Individuals would pay security providers for their services. Before long, however, security providers would start offering 'block bundles' in which a group of houses can all use the same provider together and get a discount. This would be cheaper for
    Posted to Political Theory (Forum) by Graham Wright on Fri, May 3 2013
  • Re: How can anarchy sustain itself?

    [quote user="z1235"] What if someone bought the whole universe? We'd be all screwed. Hence, a state. QED. (?) [/quote]
    Posted to Political Theory (Forum) by Graham Wright on Fri, May 3 2013
  • Re: How can anarchy sustain itself?

    Hi RumblyElk, welcome to the forum! I feel I can address your question. [quote user="RumblyElk"]In an anarchical society, the most likely scenario would be that there would exist buisnesses that own communities.[/quote] No, this is incorrect. What you're envisioning is not anarchy, but a patchwork of small states. In anarchy, the security
    Posted to Political Theory (Forum) by Graham Wright on Fri, May 3 2013
  • Re: What Bitcoin is

    Fr33 Aid has now become a Bitcoin-based organisation. From their website: [quote] Why did you choose Bitcoin for your financial operations? Bitcoin has many of the features we look for in banking: 1) Ability to conduct a variety of financial transactions. Fr33 Aid has accepted online bitcoin donations and offered our volunteers reimbursement in bitcoin
    Posted to General (Forum) by Graham Wright on Sat, Apr 20 2013
  • Re: Bitcoin Is Tanking, right now!!

    jmorris, are you going to even attempt to answer my questions? [quote user="Graham Wright"]If the bitcoin userbase keeps growing as it has, then there is undeniably a possibility of it reaching that "commonly accepted" criterion that qualifies it as money. And if it is so useful for all the above things (and reasons that I haven't
    Posted to Current Events (Forum) by Graham Wright on Sat, Apr 20 2013
  • Re: Bitcoin Is Tanking, right now!!

    [quote user="jmorris84"]Ok, I see where you are coming from. Maybe I need to be more specific because I don't believe I was earlier. I was talking along the lines of bitcoins being used more widely as a medium of exchange to the point of being money. I don't see that being the case or ever becoming the case. This is really my only
    Posted to Current Events (Forum) by Graham Wright on Fri, Apr 19 2013
  • Re: Bitcoin Is Tanking, right now!!

    [quote user="jmorris84"] [quote user="Graham Wright"]Why do people use bitcoin as a medium of exchange? Because it lowers their transaction costs. What else do you need explaining?[/quote] Is it really being used as a medium of exchange though? From what I gather, more people are holding on to bitcoins rather then passing them around
    Posted to Current Events (Forum) by Graham Wright on Fri, Apr 19 2013
  • Re: New Smiling D. article: Four Valuable Lessons From Actually Reading the Regression Theorem.

    [quote user="shackleford"]Can you purchase any products with Bitcoins?[/quote] You can buy all kinds of things with them. Check out Bitmit and Bitcoinstore , the Ebay and Amazon of the bitcoin economy, and this article: Where to Spend Your Bitcoins . There are directories full of places offering goods/services for bitcoins (e.g. here , here
    Posted to Economics Questions (Forum) by Graham Wright on Thu, Apr 18 2013
  • Re: Bitcoin Is Tanking, right now!!

    [quote user="jmorris84"]Like I've said before, it doesn't take a 90 page thesis to explain why things like gold and silver or even fiat have been used as money.[/quote] Why do people use bitcoin as a medium of exchange? Because it lowers their transaction costs. What else do you need explaining?
    Posted to Current Events (Forum) by Graham Wright on Thu, Apr 18 2013
Page 1 of 85 (848 items) 1 2 3 4 5 Next > ... Last ยป | More Search Options