871
Who Owns the Federal Reserve Banks?
Is the Fed public or private? It's both: the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations.
Top posts
Every blog post that took off on Hacker News, ranked by the votes of its best submission. 882 posts.
872
Against Intellectual Property
Would a libertarian society recognize patents as legitimate? What about copyright? In Against Intellectual Property, Stephan Kinsella, a patent attorney of many
873
John T. Reed's analysis of Robert T. Kiyosaki's book Rich Dad, Poor Dad, Part 1
An in-depth, factual analysis of Robert Kiyosaki's Rich Dad Poor Dad. Discover the dangerous advice, factual errors, & misleading claims exposed by John T Reed.
874
Strategy Letter I: Ben and Jerry’s vs. Amazon
Building a company? You’ve got one very important decision to make, because it affects everything else you do. No matter what else you do, you absolutely must figure out which camp you’…
875
Funding, Incentives, and Governance
In my first blog post I focused on the most important thing: our values. Now I turn to the next-most-important issue for our mission: funding. Here’s how we’ve gathered the necessary resources to get…
876
Bionic Office
Well. That took rather longer than expected. We have, finally, moved, into the new Fog Creek office at 535 8th Avenue, officially ten months after I started pounding the pavement looking for a repl…
877
Aggregation Theory
The disruption caused by the Internet in industry after industry has a common theoretical basis described by Aggregation Theory.
878
What if You Only Invested at Market Peaks?
What happens when you only invest at the peaks of the market by being the world's worst market timer.
879
High-income Americans pay most income taxes, but enough to be ‘fair’?
By design, wealthier Americans pay most of the nation’s total individual income taxes.
880
Adopting and Developing BSL Software
This FAQ addresses questions for developers & companies interested in working on Business Source License (BSL) software or adopting BSL for their own business.
881
The Intellectual Yet Idiot
(Chapter in Skin in the game )
882
Nothing is Cheaper than Proof of Work
I previously wrote a post on proof of work (PoW) and mining . The first half generated great interest but (apparently) failed to be universally persuasive. For example, CCRG (Ethereum’s multi-million dollar funded “research” organization) consists almost entirely of academics theorizing about proof of stake (PoS) .