The Humble Libertarian original

"I fear our revolution will have been in vain if a Virginia farmer is to be held in hock to a New York stock jobber, who in turn is in hock to a London banker. The opportunities for avarice and corruption would certainly prove irresistible." -Thomas Jefferson (from the HBO John Adams Miniseries) Bonus: John Adams tearing a new hole in Alexander Hamilton's little bitch ass: My Channels: Facebook Twitter Keep Me Going: Patreon My Tip Jars: (BTC) 1K3E6DsDdJUZRUpcSGnEuNmJn7LzR8Sai1 (BCH) 1H4V8S2CFg9MZCypE86pgayDiS7iagFSUa (ETH) 0xAf56a55e359f2A6eaa5Be7EcF915e512f84beC51 (LTC) La71GdAex1U3q1pb6jD4hdzcK8Hzpj6T64

So I just saw this oped by an economics blogger at the New York Times. And I had to respond because he's saying Bitcoin is evil. Bitcoin Is Evil The Conscience of A Liberal By: Paul Krugman "It’s always important, and always hard, to distinguish positive economics — how things work — from normative economics — how things should be." Well, yeah. Those two sound about as different as science and morality. "Indeed, on many of the macro issues I’ve written about it has been obvious that large numbers of economists can’t bring themselves to make that distinction; they dislike activist government on political grounds, and this leads them to make really bad arguments about why fiscal stimulus can’t work and monetary stimulus will be disastrous. I don’t, by the way, think that this effect is symmetric: although people like Robert Lucas were quick to accuse people like Christy Romer of fabricating macro arguments to support a big-government agenda, this didn’t ac...