What’s the T.L.D.R? – Industrial Revolution means transformation, disruption, and opportunity: the Industrial Revolution has enabled an increased scale in human organization, facilitated specialization and coordination, brought together groups of people in…
Author: Brian Colwell
Alternative Investment Explorer
The Big List Of Vincent Ostrom Quotes
The work of Vincent Ostrom studied the effect of institutions and rules on individual and group behavior, as well as how institutions transform, and are transformed by, individuals. A leader in administrative…
The Big List Of Friedrich A. Hayek Quotes
Today, we share the work of Friedrich A. Hayek (1899-1992). Hayek was a prominent economist and philosopher known for his advocacy of classical liberalism and free-market capitalism. While it is generally agreed…
Elinor Ostrom’s Design Principles Illustrated By Long-Enduring CPR Institutions
Elinor Ostrom found that institutional robustness and sustainability in “complex, uncertain, and interdependent environments in which individuals have continuously faced substantial incentives to have opportunistically” cannot be explained by “Specific operational rules”….
The Big List Of Elinor Ostrom Quotes
Elinor Ostrom challenged previous frameworks and assumptions about property, resolving the “Tragedy In Commons” and providing us with a practical, alternative view of an appropriate arrangement of resources. This view has been…
The Big List Of Sound Money Resources
The sound money resources below are in chronological order. Enjoy! Thanks for reading!
Fiat Money Is Control
Baron Acton observed in 1887 that “Power tends to corrupt, and absolute power corrupts absolutely.” Since fiat currencies are created by monetary monopolies out of nothing and from nothing through loan contracts,…
What Is Sound Money?
Also called “Hard Money”, “Sound money” retains value, serves as an effective medium of exchange, and provides consistency as a unit of account. Historically, commodities such as gold and silver have been…
Fiat Money Isn’t Sound Money
Hardly ever do the advocates of free capitalism realize how utterly their ideal was frustrated at the moment the state assumed control of the monetary system… A ‘free’ capitalism with government responsibility…
Is Bitcoin A Schelling Point?
The prime characteristics of a Schelling Point, according to Thomas Schelling, are “some kind of prominence or conspicuousness. Equally essential is some kind of uniqueness. Uniqueness conveys prominence, uniqueness avoids ambiguousness.” Therefore, Bitcoin would…