Bet On It

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Caplan and Candor

Bet On It Book Club: For a New Liberty, Chapter 9
BlogApr 10, 2026

Bet On It Book Club: For a New Liberty, Chapter 9

In Chapter 9 of *For a New Liberty*, Murray Rothbard argues that inflation and business cycles stem from government‑driven money creation, not business greed. He links rising consumer demand to expanding money supply via seigniorage and claims central‑bank rate cuts create...

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LLMs and SCOTUS
BlogMar 25, 2026

LLMs and SCOTUS

The post argues that Supreme Court precedent makes AI output—specifically large language model (LLM) text—protected speech, limiting the government’s ability to regulate the AI industry. It traces the Court’s shift from the "clear and present danger" test to the "imminent...

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I Think I Can Explain Trump's Theory of Trade
BlogMar 10, 2026

I Think I Can Explain Trump's Theory of Trade

The post dissects Donald Trump’s contradictory trade stance, arguing he wants foreign buyers and investors to pour dollars into the United States to spur demand, regardless of conventional deficit definitions. It frames his view as a simplistic Keynesian push for...

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