Economic Theory

decentralization and the future of money

Decentralization and the Future of Money

Is crypto really the future, or was money undergoing its own form of decentralization already? Also, some lessons from historical decentralizations...

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money and its technological failures

Money and its technological failures

Over the last few days, Zimbabwe’s mobile money system, Ecocash, has struggling to stay online. For non-Zimbabweans, it is hard to appreciate the scale of this problem. Zimbabwe’s economy is involuntarily cashless – which means that the primary methods of payment are debit cards, bank transfers, and mobile money. But for a country that is largely […]

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tariffs and free trade

Tariffs: The Trumpian Argument

Protectionism for the modern age.

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Why do we trade, anyway?

The theory of cupcakes. And comparative advantage.

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keynes and leisure

Learning to live with leisure

Keynes wrote about the economic possibilities of his generation's grandchildren. That would be us.

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fiat money

Is fiat money really unbacked?

Well, no. Fiat money is backed. But if you already think that it's unbacked, then you're probably not going to like how.

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economic relationships

Economic Relationships: Markets, Morals, Rights and Laws

In a world of free markets, are we thinking about relationships in the right way?

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All The World’s Money In All The World’s Markets

This money infographic is probably my favourite ever. And it's just had a face-lift.

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great depression

The Great Depression

The life and times of the Great Depression

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great deflation

Famous Deflation: The Economic Causes

The causes of the Great Depression.

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