Tag Archives: bitcoin

Libertarians: revenge of the nerds!

In my travels across this great land of ours, I’ve had the fun and sometimes not-so-fun occasion to stumble across this chasm of human oddity. In these travels, I’ve met more scientifically gifted minds in libertarian circles (computers, finance, world’s smallest political quiz takers, and for Carl Milstead the world’s most retro) than in government officials.

Anecdote: I once pub crawled with The Lakewood city fire chief whose one of many priorities was securing funds for a faster boat during the epic downturn of recent yore. He was a proper chap though and just wants to do his job as best as he understands the system presented to him.

Inappropriate Anecdote: Somewhere along the line at one of the seedier bars with stovetop shoved in a closet gigs, I had the worst urge to manifest porcelain and expel the terrible gut-wrenching fiasco of fully digested nachos and previous night’s round of beers. All without recourse to a proper bathroom. I truly felt bad for the stranger who walked in while the devastation of a slight buzz and lack of giving a fuck gave way to absurd relief.

Where was I, not on human oddity, but the libertarian nerd. see more…

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Fastest growing economy: anarchy of System D

The numbers don’t lie, except they probably do since no one can really peg it down for certain. That’s because by its nature the underground economy is hidden from the government and prying eyes by everyone who no longer wants to fully comply with onerous laws that are often little more than a bureaucratic tax on the backs of entrepreneurs.

Robert Neuwirth writes at Foreign Policy:

Schneider suggests, however, that, in making his estimates, he has this covered. He screens out all money made through “illegal actions that fit the characteristics of classical crimes like burglary, robbery, drug dealing, etc.” This means that the big-time criminals are likely out of his statistics, though those gangsters who control the fruit market are likely in, as long as they’re not involved in anything more nefarious than running a price-fixing cartel. Also, he says, his statistics do not count “the informal household economy.” This means that if you’re putting buckles on belts in your home for a bit of extra cash from a company owned by your cousin, you’re in, but if you’re babysitting your cousin’s kids while she’s off putting buckles on belts at her factory, you’re out. see more…

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