Posts tagged “money”

Debates Within, Mises Versus Hayek

For fourteen years, from 1920 to 1934, Ludwig von Mises held a seminar in his office at the Vienna Chamber of Commerce. He wasn’t a salaried professor. The University of Vienna let him lecture without pay, and his living came […]

Tallies and Tokens -- Transitioning to DeFi

On October 16, 1834, a pair of workmen were told to get rid of two cartloads of old wooden sticks stored in the Palace of Westminster. The sticks were Exchequer tallies, notched hazel rods that had recorded payments to the […]

Printed Money and Generational Phenomena

On almost any Saturday in the spring of 2021, an open house in Sunnyvale went something like this. The house was a three-bedroom ranch on a cul-de-sac, one of thousands put up in the late 1950s for the engineers and […]