Escrito por Eric F. Artigo original: In Lieu of Free Banking, do 23 de maio de 2023. Traduzido por Gabriel Camargo. Em círculos libertários e anarquistas de mercado, o conceito de sistema bancário livre sempre foi um importante ideal para uma genuinamente livre e saudável sociedade competitiva. Isso implica em um sistema monetário no qual…

In libertarian and market anarchist circles, the concept of free banking has always been an important ideal for a genuinely free and healthily competitive society. This entails a monetary system where banks not only hold currency but can issue their own currency or banknotes without the need for a centralized treasury. As such, the supply…

At Slate, Edward Ongweso Jr. treats the Silicon Valley Bank failure as “emblematic of a startup ecosystem and venture-capital apparatus that are too unstable, too risky, and too unmoored from reality to be left in charge of something as important as the direction of our technological development.” It’s fair to say there’s a considerable gap…

For a few years now, Modern Money Theory, or MMT, has been the hottest buzzword in economics. The insights of MMT regarding our nation’s spending debate have been simultaneously misunderstood, disregarded, and celebrated. In this essay I will explain the central argument of MMT. I will explore why its conclusions are dangerous in the wrong…