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Didn't exactly know where to put this, but here it is. This is not about the regression theorem or anything like that, so I didn't think the "economics" section was appropriate. The ECB paper "Virtual Currency Schemes" states that "The theoretical roots of Bitcoin can be found in the Austrian school of economics."
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Doing my bachelor's thesis on BitCoin.
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Promised myself I wouldn't read anything not related to my own economics project. Read it anyway. It was good. Would've written one or two passages slightly(and I really mean slightly) different, but in terms of content it's well done.
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You're banning mutually beneficial trade between Toyota and its customers, of course it lowers utility. The arrival of Chevrolet doesn't change that. Freedom has nothing to do with magic flying cars. Nobody here is talking about "freedom" from scarcity.
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In Money, Bank Credit and Economic Cycles Jesus Huerta de Soto had a footnote about Fritz Machlup's The Stock Market, Credit, and Capital Formation . To be more precise he said the following: "This book by Machlup is essential to understanding the [business] cycle’s influence on the stock market." It's old and probably not as