On the January 5, 2014 episode of Exposing Faux Capitalism, I provided a two-hour refutation of Tom Woods’ 2013 presentation paper, “Why the Greenbackers are Wrong.“ Here are some highlights: “(2) that fiat money is just fine as long as it is issued by the people’s trusty representatives instead of by the Fed“ - It’s […]
On the Sunday, January 5, 2014 episode of Exposing Faux Capitalism with Jason Erb, from 8 to 10 PM EST, I intend to provide a full critique and refutation of Tom Woods’ 2013 presentation paper, “Why the Greenbackers are Wrong“. I find it very revealing that he had more time to prepare this paper than […]
According to the Ludwig von Mises Institute’s 2012 IRS 501(c)(3) tax-exempt filing, it reported a total of $22,268,915 in assets. We see then, how the promotion of Austrian economics is big business, and why its associates and founder, Lew Rockwell, are limited in what positions they will take on certain issues. For example, Lew Rockwell […]
From the October 7, 2013 Economic Policy Journal article, Is Bitcoin Money: What Economists Have To Say, Tom Woods said: “Tom Woods: Bitcoin is a medium of exchange but not money. This isn’t an insult to or a value judgment about Bitcoin. Austrians sometimes describe money as the most widely accepted medium of exchange in […]
