INSIDE THIS ISSUE
H ere at American Consequences, we’ve been watching blockchain technology and cryptocurrency for more than two years now with equal parts fascination and skepticism... This year, bitcoin has nearly tripled from its low. And one man’s name keeps getting brought up in conversations at conferences and industry events... We’ve featured him on the cover of our November magazine for good reason. From making $1 million from a domain name during the dot-com bubble... flying to 9/11 to help days after the attack... and being on the ground floor of the bitcoin-mining frenzy, his story is absolutely incredible. And if you’re still a crypto novice, fear not... we’ll show you how to become a blockchain expert in less than four minutes. Editor in Chief P.J. O’Rourke gets this month’s issue rolling with a silver-lining perspective on why he’s thankful for bad politics. Journalist John Stossel offers a different look at Turkey Day and private property rights in his Thanksgiving Tragedy. We can all agree streaming is the future... But which service will win? Dr. David Eifrig tackles this question in Did This Company Just Kill Netflix? “Trump was the symptom, not the cause,” writes shoeleather journalist Salena Zito in her search as to whether Democrats will miss middle America again in the 2020 election.
And economist Stephen Moore thinks it’s time we stopped scaring the children with climate-change hysteria. Then, we’re talking money... • Bitcoin pioneer Charlie Shrem shares his tale of unlikely money lessons he learned in federal prison • Investing writer Kim Iskyan takes on debt- ridden Argentina this month in his essay The Economic Itch the IMF Can’t Stop Trying to Scratch • And economist Nouriel Roubini examines the allure and limits of monetized fiscal deficits. Haven’t started your holiday shopping? Take a look at P.J. O’Rourke’s Gift Idea spread (for what not to buy!). And don’t miss former presidential candidate and congressman Dr. Ron Paul , who has a dire warning for you: Is the Mother of All Bubbles About to Pop? Professor of Economics Michael J. Boskin dives into what we need to think about when Electing America’s Economic Future. And for this month’s Final Word, executive editor Buck Sexton asks, Will the Never- Trumpers Get Their Revenge? We’ve uploaded a PDF suitable for printing to our archive page. And tell us what you think at feedback@ americanconsequences.com. Regards, Steven Longenecker Publisher, American Consequences
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November 2019
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