Life After Bitcoin with Peter McCormack

The Federalist Papers are a series of essays written by Alexander Hamilton, James Madison, and John Jay under the pseudonym 'Publius.' These essays, published between October 1787 and May 1788, aimed to convince the public and political leaders to ratify the newly drafted US Constitution. The papers provide a comprehensive analysis of the proposed federal system, arguing for a stronger central government and the adoption of the Constitution over the existing Articles of Confederation. They discuss various aspects of republican government, including the separation of powers, checks and balances, and the protection of individual liberties. Despite their primary goal of influencing New York's ratification vote, The Federalist Papers have become a seminal work in American political philosophy and a key resource for understanding the original intent of the Constitution's framers.

In 'Economics in One Lesson', Henry Hazlitt provides a concise and instructive introduction to economics by dissecting common economic fallacies. The book's central lesson is that good economics involves considering the long-term and indirect consequences of any policy for all groups, not just the immediate effects on a specific group. Hazlitt uses examples like the 'broken window fallacy' to illustrate how focusing only on immediate benefits can overlook the broader, often negative, consequences. The book advocates for free markets, economic liberty, and non-governmental solutions, making it a critical read for understanding basic economic principles and the pitfalls of government intervention[1][4][5].