Bitcoin, Unlike Fiat Money, Is Compatible With Islamic Finance
Elevating morality above perceived efficiency makes for a profound starting point.
Elevating morality above perceived efficiency makes for a profound starting point.
We might think that that the only form of plunder is the thefts punished by the Penal Code. But plunder is also committed “legally” and with the approval of society.
A mere ritualistic incantation of money laundering and black money as a justification for total prohibition will not satisfy the test of proportionality.
A private firm’s productivity is gauged by how much the consumers voluntarily spend on its product. But the public sector’s “productivity” is measured by how much it spends.
The true harm of this sector can be guaged by subtracting “public” expenditure from GDP.
Pop psychology is no substitute for capital theory. In a sane society, their ideas on money would confined to the realm of academic comedy.
“Nothing can be farther from the truth or good economics” as the MSP and APMC system