The Humble Libertarian original

The first of many globally successful private cryptocurrencies over the last decade, Bitcoin is history's most profitable investment so far. To understand why, we first have to fundamentally understand what money is and why it's so valuable. If you want to start investing in cryptocurrency, it's important to understand these fundamentals first. One of the easiest ways to lose a lot of money investing is by not having a deep understanding of what you're putting your money into. "Invest in what you know." Peter Lynch is the legendary American investor and mutual fund manager who averaged a 29.2% annual return (more than doubling the S&P 500 stock index) from 1977 to 1990, the best performance of any mutual fund over that period in the world. The assets under his management grew from $18 million in '77 to $14 billion by 1990. He's famous for saying, "Invest in what you know." CryptoCurrency Is Private Money If you...

A study of FBI crime statistics released last month has found that marijuana legalization is decreasing violent homicides related to the illegal drug trade in U.S. border states. In this article I talk some about the study and link to an article I wrote in 2010 in which I predicted this would be the outcome of legalizing marijuana by thinking about the problem of drug related violent crime economically. When we think economically about tough social problems, it can reveal truths that are counter to intuition.

This is a super entertaining and educational video about the nature and origins of fiat money. Excellent for libertarians to share with monetary policy n00bs; still fun for seasoned veterans of the information war.

Unionized Hot Dog Stand vs. Right to Work Hot Dog Stand = Very funny student activism video from Young Americans for Liberty :

Milton Friedman talking common sense about drug policy before it was cool. When he mentions that he was a teenager during alcohol prohibition, I can't decide how old that makes him seem, or how recent that makes alcohol prohibition seem. Lessons forgotten so quickly...

"Imagine living in a home that costs you nothing to heat or cool. Imagine building this home yourself. Imagine growing your own vegetables year-round in this home. Imagine no utility bills. Imagine easily available, limitless natural [and salvaged] resources to build this home..." Expect to start hearing more survivalists ( like this one ) talk about earthships. These are just way too cool. I want one:

This is classic. Jeff Berwick, of the Dollar Vigilante , is cut off by a Canadian Broadcasting Corporation radio host when he starts revealing the true nature of fiat currency to the show's listeners. The show is also a good look at how the mainstream media and its audiences are perceiving and grappling with alternative crypto-currencies like Bitcoin. NB: they don't understand it and find it really scary. Boo! Listen here .

Barry Randall writes : 'But getting consumers to buy millions of these devices isn’t about the price of the box. It’s about the time and effort necessary to make anything useful. As for effort, consider that industrial design is done by professionals with years of education and practical experience. Capable designers make high five-figure salaries. Because of the high labor expense of industrial design, there has already been sufficient motivation to create easy-to-use CAD-CAM software. And yet none exists. Catia, AutoCAD, Creo and other CAD programs are powerful, but as yet they have not become easy to use, even for professionals. So the idea that the existence of cheap 3D printing will somehow beget easy-to-use design software is delusional. Some have compared the arrival of cheap 3D printers with that of cheap word-processing software and ink-jet printers 30 years ago. But that was different, because typing was a skill already possessed by the majority of e...