Wrestling With the Truth [Allen Farrington & Sacha Meyers]

Wrestling With the Truth [Allen Farrington & Sacha Meyers]

“The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. The price is never right, but prices are as right as can be hoped for at that moment. Attempts to coerce prices...
What is Money, Anyway? [Lyn Alden]

What is Money, Anyway? [Lyn Alden]

“If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create more money for herself, diluting the whole supply of it. If an asset has a monetary premium on top of its pure utility value, then it’s...