Articles

The Machine Cannot Want Your Job

The Machine Cannot Want Your Job

Smart machines relocate comparative advantage; the weaker worker keeps value only where human judgment, ownership, and presence still command a premium.

The Price of Patience

The Price of Patience

Hoarding is not low time preference; only lending expresses it. Wealth lowers time preference via diminishing marginal utility, not the reverse.

The Price of Patience

The Price of Patience

Hoarding is not low time preference; only lending expresses it. Wealth lowers time preference via diminishing marginal utility, not the reverse.

The Praxeology of Privacy ~ Chapter 9: Monetary Theory and Sound Money

The Praxeology of Privacy ~ Chapter 9: Monetary Theory and Sound Money

Sound money emerges spontaneously from markets, not decrees. Bitcoin implements digital soundness with fixed supply and censorship resistance; privacy requires additional tools.

The Praxeology of Privacy ~ Chapter 7: Exchange Theory and Privacy

The Praxeology of Privacy ~ Chapter 7: Exchange Theory and Privacy

Privacy enhances exchange by protecting deliberation and enabling negotiation. Surveillance distorts prices and chills transactions. Better privacy means better functioning markets.

The Praxeology of Privacy ~ Chapter 3: The Action Axiom: Privacy as Structural Feature

The Praxeology of Privacy ~ Chapter 3: The Action Axiom: Privacy as Structural Feature

The Action Axiom proves privacy is structural to human action. Deliberation is internal; preferences are subjective; information asymmetry is inherent.

The Praxeology of Privacy ~ Chapter 2: Two Traditions, One Conclusion

The Praxeology of Privacy ~ Chapter 2: Two Traditions, One Conclusion

Austrian economics and cypherpunk practice converge independently on privacy's importance. Theory explains why; code demonstrates how. This book synthesizes both traditions.