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October 20, 2023

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** By Hans-Hermann Hoppe
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** On Centralization, Decentralization, and Self-Defense ([link removed])
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Two guiding principles must be followed by small states and even more so by secessionist movements, whether leading to another, smaller state or a state-less territory (an anarchic social order): First, do not provoke, and second, be armed.

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** By Ryan McMaken
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** The US Is Entering a Debt Spiral ([link removed])
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There are many factors that affect the yield on government bonds. Yet, it is surely no coincidence that we continue to see yields climb as the federal government churns out new government debt at a breakneck speed never before seen during peacetime.

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** By Frank Shostak
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** Correlations and the Definition of the Money Supply ([link removed])
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Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.

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