Optimum Quantity of Money; Bitcoin

From: A
Sent: Saturday, November 04, 2017 1:50 PM
To: Dr.Walter Block <wblock@loyno.edu>
Subject: Two questions

Dear Walter, I hope this mail finds you well. I have two questions, if you have the time I would love to know your thoughts:
1- Why is it that Rothbard says that at any given time the amount of money is the optimum amount? I do understand that prices accommodate. But at the same time the increase or decrease of the money supply affects interest rates, and therefore investment (thereby causing business cycles). Is Rothbard’s view a static view of the money supply and prices in general, while Business Cycle Theory integrates a dynamic view of money supply and its impact on interest rates in particular?
2- What is your view on Bitcoin?
Best, A

Dear A: Instead of answering either in detail, I hope and trust you won’t mind that I send you what I’ve published on these two topics instead.

1: Optimal quantity of money

Barnett, William II and Walter E. Block. 2004. “On the Optimum Quantity of Money,” Quarterly Journal of Austrian Economics, Vol. 7, No. 1, pp. 39-52; http://www.mises.org/journals/qjae/pdf/qjae7_1_4.pdf

Barnett II, William and Walter E. Block. 2012. “The Optimum Quantity of Money, Once Again.” Economics, Management, and Financial Markets; Vol. 7, No. 1, March, pp. 9-24; http://www.addletonacademicpublishers.com/component/option,com_sectionex/Itemid,103/id,23/view,category/#catid145; Password: AddletonAP2009.

Barnett, William II, and Walter E. Block. 2005. “Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?” Review of Austrian Economics. 18 (2): 179-194; http://www.gmu.edu/rae/archives/VOL18_2_2005/4_Barnett.pdf

2: Bitcoin

Davidson, Laura and Walter E. Block. 2015. “Bitcoin, the Regression Theorem, and the Emergence of a New Medium of Exchange.” Quarterly Journal of Austrian Economics; Vol. 18, No. 3, Fall, pp. 311-338; https://mises.org/library/bitcoin-regression-theorem-and-emergence-new-medium-exchange

September 10, 2013. Michael Shanklin [mailto:shanklinmike@yahoo.com] lmr.radio
Duke Boyne dukeboyne@hotmail.com; shanklinmike@yahoo.com;
https://plus.google.com/hangouts/_/36d86793428dfcb299c3fbf640452d3ae1a62141?authuser=0;
http://youtu.be/qyYgGBBmjR8; liberty movement radio.com; How Walter Block Became A Voluntaryist Libertarian: https://www.youtube.com/watch?v=JPkstrFj2NI. on Rand Paul and Political Action: https://www.youtube.com/watch?v=aD4AUslAaFU. full interview on Voluntary Virtues Radio 9/10/2013 Rand Paul, Bitcoin, Tragedy of the anticommons: https://www.youtube.com/watch?v=iUikrwcWXIw. on Bitcoin: https://www.youtube.com/watch?v=duDykrxwIxw. Video interviews: on Animal Rights & Untouched/NonHomesteaded Land. https://www.youtube.com/watch?v=HZt2Sz2UpLo. full interview on Triple-V: Inchoate Crimes, Political Action, Self-Defense: https://www.youtube.com/watch?v=XTfyC9YyhXk. “Obama & Bush Are War Criminals”, Hitmen, and Inchoate Crimes: https://www.youtube.com/watch?v=P4hyFyLsxY4;

critique of wb on bitcoin: http://www.economicsofbitcoin.com/2013/09/professor-walter-block-is-clueless.html; Freedomforall Volunaryvirtues@gmail.com

September 20, 2013. Guillermo Jimenez, gjimenez@tracesofreality.com; Skype: tracesofreality; RBN Producer; 800-313-9443; the philosophy of libertarianism, anarcho-capitalism, stateless order, bitcoin, rights to privacy; http://tracesofreality.com/2013/09/20/tor-radio-09202013-walter-block-on-the-fed-qe-infinity-bitcoin-and-anarchy/

November 24, 2013. Vancouver. LibertyMingle, Victor Pross artpross@hotmail.com; gabrielscheare@gmail.com; pj_hawkins@hotmail.com; LibertyMingle Presents: An Evening with Walter Block & Victor Pross. 7pm. The Cobalt – 917 Main St, Vancouver City. Pavil Hawkins hosts an evening of live music and talks by Anarchist Artist and Austrian Economist Walter Block. This is followed up with an open talk between the two speakers concluding with a Q&A from the audience. Mark “going” on the Facebook Invite Page! http://www.meetup.com/bitcoinvan/events/151194782/; http://allevents.in/vancouver/libertymingle-walter-block,-victor-pross,-mike-shanklin-at-the-cobalt/514884495263609; Freedomforall Volunaryvirtues@gmail.com

http://www.economicpolicyjournal.com/2013/10/is-bitcoin-money-what-economists-have.html

Block, Walter E. 2013. “The regression theorem and bitcoin.” December 28;
http://bastiat.mises.org/2013/12/regression-theorem-and-bitcoin/

Block, Walter E and Robert Wenzel. 2013. “Walter Block Responds to Wenzel Comments on Bitcoin.” December 31; http://www.economicpolicyjournal.com/2013/12/walter-block-responds-to-wenzel.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29

September 10, 2013. Michael Shanklin [mailto:shanklinmike@yahoo.com] lmr.radio
Duke Boyne dukeboyne@hotmail.com; shanklinmike@yahoo.com;
https://plus.google.com/hangouts/_/36d86793428dfcb299c3fbf640452d3ae1a62141?authuser=0;
http://youtu.be/qyYgGBBmjR8; liberty movement radio.com; How Walter Block Became A Voluntaryist Libertarian: https://www.youtube.com/watch?v=JPkstrFj2NI. on Rand Paul and Political Action: https://www.youtube.com/watch?v=aD4AUslAaFU. full interview on Voluntary Virtues Radio 9/10/2013 Rand Paul, Bitcoin, Tragedy of The anticommons: https://www.youtube.com/watch?v=iUikrwcWXIw. on
Bitcoin: https://www.youtube.com/watch?v=duDykrxwIxw. Video interviews: on Animal Rights & Untouched/NonHomesteaded Land. https://www.youtube.com/watch?v=HZt2Sz2UpLo. full interview on Triple-V: Inchoate Crimes, Political Action, Self-Defense: https://www.youtube.com/watch?v=XTfyC9YyhXk. “Obama & Bush Are War Criminals”, Hitmen, and Inchoate Crimes: https://www.youtube.com/watch?v=P4hyFyLsxY4;

September 20, 2013. Guillermo Jimenez, gjimenez@tracesofreality.com; Skype: tracesofreality; RBN Producer; 800-313-9443; the philosophy of libertarianism, anarcho-capitalism, stateless order, bitcoin, rights to privacy; http://tracesofreality.com/2013/09/20/tor-radio-09202013-walter-block-on-the-fed-qe-infinity-bitcoin-and-anarchy/

Share

10:43 pm on November 14, 2017