Source: Center for a Stateless Society
by Kevin Carson

“Part I of this two-part paper will examine a number of loosely related and considerably overlapping conceptual issues concerning the nature of money and credit: metallism vs. chartalism, money theories of credit vs. credit theories of money, and advance vs. synchronization economics. They all hinge, in one way or another, on the question of whether money and credit are ‘real’ material entities, on the one hand, that must be in some way ‘saved’ or ‘accumulated’ before they can be ‘lent’ or ‘invested,’ or simply units of account for allocating resources and tracking the balance of exchange of material goods, on the other. That is, is money a store of value — a commodity with intrinsic value in its own right — and does credit require a stock of past savings to be lent against?” (04/17/26)

https://c4ss.org/content/61109

Source: NonZero Newsletter

“The knives are out for OpenAI CEO Sam Altman, both figuratively and pretty close to literally. Last week—a few days after publication of a New Yorker piece featuring tons of anonymous attestations to Altman’s duplicitousness, and a few days before a Wall Street Journal piece about his conflicts of financial interest—an anti-AI extremist threw a Molotov cocktail at Altman’s house. Altman suggested a causal link between the two kinds of attacks.” (04/18/26)

https://www.nonzero.org/p/why-altman-and-ai-is-under-attack

Source: Free Association
by Sheldon Richman

“Ludwig von Mises (1881-1973) still has much to teach us if we want a society in which individuals freely pursue their happiness. The economist and social philosopher lit the path to that widely shared goal in his magnum opus, Human Action (1949). especially chapter 24, section three, ‘The Harmony of the ‘Rightly Understood’ Interests.’ The title alone is refreshing, considering how preoccupied political philosophy, economics, and history have been with mankind’s supposedly fated and endless conflict — racial, national, or class — and power struggles. That alone should draw us to the work of a thinker who understood that this emphatically is not man’s destiny.” (04/17/26)

https://sheldonrichman.substack.com/p/tgif-mises-on-rightly-understood

Source: The American Prospect
by Robert Kuttner

“If you want to get a sense of Donald Trump’s deepening dementia, look no further than his self-annihilating vendetta against Federal Reserve Chair Jerome Powell. As you may recall, Powell’s term as chair expires soon, on May 15, but his term as a Fed governor continues through January 2028. Trump has appointed a successor, former Fed governor and investment banker Kevin Warsh, who would ordinarily have his confirmation hearing next week. Warsh would then become Fed chair, succeeding Powell, who would likely leave the Fed entirely. So the quickest way for Trump to oust Powell would be just to let Warsh’s confirmation proceed and avoid screwing it up. But Trump being Trump, his vanity, rage, and muddled thinking are causing Powell to stay in office.” (04/17/26)

https://prospect.org/2026/04/17/how-trump-undermines-trump-jerome-powell-federal-reserve/