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Many people claim that patents and copyrights are not barriers of entry to the market. That's wrong.

And destroy the economy.

A parable of salt.

Assuming that most of the world switches from statist fiat money to some form of voluntary cryptocurrency, there is zero chance that a stablecoin will prevail ...

A handy chart.

But the bigger tragedy is that schools don't teach critical thinking, don't teach basic reasoning, they don't even teach accounting.

The cornerstone of civilization, in a sentence.

One word: Sun.