Evaluating Human Life

This article covers a technique to value human life. Putting a financial value on human life can be a controversial thing for many moral reasons, but in reality there are a number of ways to measure it. Perhaps surprisingly, these techniques are already used in policy evaluation and other areas. In some industries there is … Read more Evaluating Human Life

The Fullness of the Problem of Knowledge

This article will discuss the Problem of Knowledge, in particular as discussed by Hayek. This discussion necessarily relates to the Economic Calculation Problem as discussed by Mises and Hayek. I will argue that the these problems are not simply economic issues, but first policy issues writ large and secondly fundamental human conditions. I will argue … Read more The Fullness of the Problem of Knowledge

Defining Conservative Economics

This article will define conservative economics. Conservative economics is the same as free market economics, which is also called capitalism or free enterprise. Fiscal conservatism is one example of economic conservatism, but fiscal or budgetary policy comprises only a portion of a government’s ability to manipulate the economy. Conservative economics refers to both fiscal conservatism … Read more Defining Conservative Economics

5 Sources for Conservative Economics

This article covers 5 books I would recommend for purposes of understanding conservative economics, as well as some other sources. I am enrolled in a class called Intro to Public Policy at George Mason University. I have enjoyed the class very much so far. We discuss both practical and theoretical ideas with regard to public … Read more 5 Sources for Conservative Economics

1 Thing That Will Explode Bitcoin Adoption

This recent article from Wamda laid out 5 things that bitcoin needs in order to grow adoption in emerging markets. I disagree with most of what was written. In this article I will show why those 5 issues have already been resolved. Finally, I will reveal the only 1 thing that I see bitcoin needing … Read more 1 Thing That Will Explode Bitcoin Adoption

What Does the Bible Say About Competition?

Competition is a key economic concept. As we study Caeconomics, which is decision theory from the economic point of view, presuming that Christianity is true, but realizing that every person must interpret Christianity on a personal level, let’s see what the Bible has to say about competition. From the following site: http://www.openbible.info/topics/competition, I selected 5 verses … Read more What Does the Bible Say About Competition?

Paul Krugman, and Keynesianism in General, Weaken Economies

A comment I left on a friend’s Facebook, commenting on a picture and quote he shared of Paul Krugman: [Paul Krugman] is a Keynesian. The ‘bad economic doctrine’ he is referring to is free market economics, which is good economic doctrine. Furthermore he has no room to ever say ‘we’ when talking about of the … Read more Paul Krugman, and Keynesianism in General, Weaken Economies

Methodology for Bitcoin Valuation as a Fiat Hedge

This article goes over my methodology for a bitcoin valuation which resulted in my guest article on the Mineforman website here. The spreadsheet I used, complete with all my little self-notes and summaries, is available in its original Gnumeric format here, and in the more common Excel format here. Simple Excel conversion resulted in some errors … Read more Methodology for Bitcoin Valuation as a Fiat Hedge

“Economic Experts” Still Have No Clue About Bitcoin

This article covers a poll of mainstream “economic experts,” about half Keynesian and half Chicago school or monetarist. No notable Austrians were surveyed. The poll was a statement and the respondents agreed or disagreed. The statement was, “A bitcoin’s value derives solely from the belief that others will want to use it for trade, which … Read more “Economic Experts” Still Have No Clue About Bitcoin