Currently viewing the tag: "decline of statism"
Signing of the Constitution of the United States

What is the correct size and proper function of the state?

On February 21, 2012 By

This is a question that was posted to me by a journalist who has read my book and is following this website. He suggested I make it into a blog. This essay is not directly about the fiat money crisis so it might at first look a bit “off message”, but I guess for everyone [...]

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Balls of euro banknotes

Unstoppable: Why this crisis will keep unfolding

On October 20, 2011 By

When the tectonic plates underneath society shift, confusion reigns, together with wishful thinking. It appears that financial markets have again managed to get themselves into a state of unrealistic expectation. The European summit this coming Sunday (or the follow-up summit on Wednesday) is now supposed to bring a “comprehensive plan” to solve the European debt [...]

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Falling 100-dollar bills

Bitcoin, gold and the demise of fiat money

On June 30, 2011 By

I am intrigued by the Bitcoin experiment – the attempt to launch a virtual currency as an alternative to the current global patchwork of local state fiat monies. Bitcoin has recently been hotly debated in the online community and among libertarians, and has now aroused the interest of the mainstream media and the political establishment. [...]

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Dollar note on a hook

At Last, the Death of Politics

On June 1, 2011 By

For over a year now the Eurocracy has tried to put Humpty-Dumpty together again, to somehow restore belief in the solvency of the European welfare state, which is ultimately the real issue at the core of the current malaise rather than just the  problems of the more recklessly extravagant periphery. The Greek state cannot live [...]

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Painting by Eugene Delacroix La Liberté guidant le peuple

Embrace Default!

On April 5, 2011 By

There is a myth circulating, and I am not sure whether it has its origin in sloppy thinking or devious manipulation. It is this: sovereign default in the euro-area is the biggest threat to the euro’s survival. Really? Why? The euro is a form of paper money, just as the dollar, the pound and the [...]

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Printed money

Unrest in the Middle East and the Ethics of Money Printing

On February 28, 2011 By

It has been noted that the unrest in the Middle East is to a large degree stimulated by the rising costs of living, in particular rising food prices, and these have further been linked to the extremely expansionary stance of monetary policy by central banks around the world. These links have been identified correctly. In [...]

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