All Entries Tagged With: "economics"
Bitcoin arrives on the property scene
By REBECCA THISTLETON, Financial Review It hasn’t moved in next door, but it’s checking out the neighbourhood: online currency Bitcoin has arrived on the property market scene. In Melbourne, buyer’s agent Paul Osborne has started accepting payments in the currency. “I see potential for Bitcoins to be used in house sales, but only when it [...]
The Bitcoin Money Myth
by Frank Shostak, Mises.org, April 18, 2013 Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC). Bitcoin was launched on January 3, [...]
Ron Paul Isn’t Worried About Falling Gold Prices
By David Weigel, Slate, April 18, 2013 It was the steepest two-day decline in gold prices in 33 years, a 13 percent fall in two days of trading. After years of surging value, of investors hedging against inflation, there was a sudden sell-off that might have been a reaction to… well, to inflation not actually increasing. Over at Business [...]
Rob Neuwirth, The 21st-century Medieval City
For his talk “The 21st-century Medieval City,” Robert Neuwirth took an overflow audience to “the cities of tomorrow,” the developing-world shanty-towns where a billion people live now, and three billion (a third of humanity) are expected to be living by 2050. With vivid stories and slides (shown for the first time publicly), Neuwirth detailed how life [...]
Robert Neuwirth: Free Markets vs. Flea Markets
Robert Neuwirth tells us about life in the informal economy, what French culture classifies as System D. 1.8 billion people on the planet subsist through economic transactions that happen outside legal spheres and, by 2020, two thirds of our planet will be doing business in this domain. The future is the free market vs. the [...]
Robert Neuwirth: The power of the informal economy
Robert Neuwirth spent four years among the chaotic stalls of street markets, talking to pushcart hawkers and gray marketers, to study the remarkable “System D,” the world’s unlicensed economic network. Responsible for some 1.8 billion jobs, it’s an economy of underappreciated power and scope.
Bitcoin Black Friday Quickly Approaching! FRIDAY, NOV 9th 2012!
HOT NEWS FLASH FROM THE TELEGRAPH: The first ever Bitcoin Friday is quickly approaching . What is Bitcoin Friday you ask? Bitcoin Friday is an event to celebrate the Bitcoin economy and the consumers that hold it up. This November 9th, 2012 the Bitcoin stores on this site will hold massive sales on merchandise avaliable for [...]
10 Shocking Quotes about what QE3 is going go do to America
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Economics in one Lesson
This teacher is truly a genius! > > As the late Adrian Rogers said, “you cannot multiply wealth by dividing it.” > > This man is truly a genius! > > An economics professor at a local college made a statement that he [...]
The Gold Standard and the Myth of Price Stability
By: John Carney Senior Editor, CNBC.com Something very strange has happened in response to reports that the Republican Party’s official platform will call for a commission to study a return to a gold standard. (Read more: Republicans Eye Return to Gold Standard) In a piece for the Atlantic, Matthew O’Brien attempts to demonstrate “Why the Gold Standard Is [...]
Opt Out and Take Your Freedom Back
By Jacob Vidrine, August 16, from Libertas.org This essay was submitted as part of the First Annual Libertas Essay Contest, with cash prizes totaling $2,000! You can view all of the essay submissions here. There is no doubt that liberty is in peril in our day and age. From local level all the way up to [...]
Ready or Not, Stagflation Is Here
by Ed Butowsky, June 08, 2012 Stagflation is one of the worst economic conditions a country can be in, and the United States just entered it. It has actually been responsible for revolutions and uprisings in developed countries around the world. Most recently Greece, Spain and Portugal are experiencing severe doses of this dreaded economic condition. It [...]
