Austrian-economics

Build for the Mole

Infiltration is inevitable; detection is unreliable. The real defense against state informants is building organizations where their presence cannot accomplish its purpose.

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The Problem-Solver's Fortune

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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Another round of patience

Time preference reveals through lending at interest rates. Hoarding refuses all rates, demanding present possession. Expected gains are speculation, not deferral.

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The Frequency of Dissent

Mesh networks turn every radio into a relay and every user into infrastructure, creating communication grids with no center to seize.

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Protocols for the Ungoverned

Functional legal orders emerge from voluntary adoption and competitive governance, not top-down decree; history proves that polycentric law outperforms territorial monopoly.

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The Consumption You Call Saving

Holding money does not defer gratification but consumes the opportunity cost of lending, making hoarding a present expense rather than proof of low time preference.

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The One Rule That Creates All Wealth

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.

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Nostr-Native Distributed Storage System

The latest iteration of Garland, a privacy-preserving distributed storage system built on Nostr and Blossom, using erasure coding for durability and single-key recovery.

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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.

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A Constitution for the Ungoverned

Medieval merchants and diaspora communities built functional legal systems without states; their principles can now govern disputes in cyberspace.

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Free Men Will Build the Roads

Nobody asks who will bake the bread because markets already do it excellently; the roads question reveals statist capture of imagination.

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