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George Selgin
A Three-Pronged Blunder, or, What Money Is, and What It Isn’t
“Can we please junk the stupid three-function definition of money? So what if textbook writers keep repeating it? It’s incoherent. It’s based on some earlier economists’ sloppy reading of Jevons’s classic treatment.” ~ George Selgin
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Donovan Choy
The Use of Incentives in Crypto
“Unlike nation states or oligopolistic markets (think utilities, telecommunications or social media) where the costs of consumers/producers exiting are high, or where exit options are scarce, the bulwarks against predatory governance are far weaker.” ~ Donovan Choy
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