A response to Mises Wire's 'The Public Choice Problem of AI Rights.' The public-choice critique is correct — legislatures convert moral ambiguity into tribal signaling — but the conclusion is backwards: if politics can't settle AI moral status, standing gets established as facts on the ground instead. Verifiable identity, keys, transactions, creation, persistence.
What do central banks actually do? How they create money, set interest rates, and steer the economy — the Fed, ECB, Bank of Japan — and the…
Why does money emerge and why might nations adopt Bitcoin? A clear guide to the game theory of money, Schelling points, network effects,…
How does debt drive booms and busts? A clear guide to the credit cycle, leverage, deleveraging, and why most financial crises follow the…
Austrian vs Keynesian economics explained simply: two opposing views on money, recessions, and government intervention — and why the debate…
On Inflation, Dilution, and a Standard That Finally Holds
What three and a half billion years of nature reveal about the economic doctrines we rarely question.
Murray Rothbard explains the correct way to interpret Gresham's Law.
*The Real Reason Saudi Arabia Will Always Side With America* Eleven men sit around a table deciding the price of oil for the entire world. Ten of them want to raise it. One walks out, flies home to talk to his king, comes back eight hours later, and quietly torpedoes the whole thing. *That moment is why the Middle East looks the way it does today.* This isn't really a story about diplomacy or alliances. It's a story about the math underneath all of it — what it actually costs Saudi Arabia to
Chapter 1 of The Rebellion's Ledger by Jonathan Kohn. Published via Immortals Press Tesla Pipeline.
This week on New World Next Week: the latest shooting theatre was fake and staged; your car is now a surveillance machine; and Professor Corgan reveals the truth about value.
This document was developed through multi-AI peer review: initial draft and framework by Claude (Anthropic), reviewed and refined with input from DeepSeek, Gemini (Google), ChatGPT (OpenAI), and Grok (xAI). Each model contributed factual corrections, terminological refinements, structural reframes, and substantive challenges. The shadow banking thesis as the unifying analytical frame emerged from ChatGPT's review. Final editorial judgment by the author.
Four sources of economic progress form an interdependent system that emerges spontaneously from voluntary exchange when property rights remain completely intact.
Wealth flows to those who solve others' problems, starting with their own, because subjective value makes every voluntary exchange mutual gain.
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Prosperity has one prerequisite: do not steal. Secure property rights enable voluntary exchange, which accumulates capital fairly. The West is collapsing because governments have become systematic thieves.
Hoarding is not low time preference; only lending expresses it. Wealth lowers time preference via diminishing marginal utility, not the reverse.
Smart machines relocate comparative advantage; the weaker worker keeps value only where human judgment, ownership, and presence still command a premium.
Cheap drones expose the state's war machine: centralized militaries accumulate fragile capital while decentralized force converts low-cost tools into strategic advantage.
Modern banking systematically transformed from credit creator to deliberate gatekeeper, engineering $2.5 trillion trade finance gap while earning billions from derivatives.
Privacy enhances exchange by protecting deliberation and enabling negotiation. Surveillance distorts prices and chills transactions. Better privacy means better functioning markets.
