Technology, Politics, Businness, Entertainment
https://www.theguardian.com/commentisfree/2020/dec/09/inequality-free-market-myth-billionaires We need an informed public that sees through the poisonous myth billionaires want us to believe: that income is a measure of your market worth. How have a relative…
Authored by Jeffrey Tucker via The American Institute for Economic Research, Even after eleven years experience, and a per Bitcoin price of nearly $20,000, the incredulous are still with us.…
https://marginalrevolution.com/marginalrevolution/2020/11/economics-and-epidemiology-revisited.html The Economist was kind enough to reference my earlier blog post on this topic, from April 12, so I thought we should look at it again. Please do reread…
https://www.zerohedge.com/markets/pandemic-was-final-blow-our-collective-notion-money-something-real By Eric Peters, CIO of One River Asset Management “The shift to digital forms of currencies is inevitable,” declared PayPal CEO, Dan Schulman, introducing crypto trading to all his…
https://marginalrevolution.com/marginalrevolution/2020/10/hayekian-behavioral-economics.html From Cass Sunstein: A neo-Hayekian approach would seek to reduce the knowledge problem by asking not what outsiders want, but what individual choosers actually do under epistemically favorable conditions.…
by Joseph Shieber If you’ve any familiarity with the history of economic theory, you’ll no doubt have heard of the idea of the “Invisible Hand”. The image was introduced by…
https://marginalrevolution.com/marginalrevolution/2020/08/probabilistic-profit-from-ufos.html Let’s say the rest of the market was undervaluing the chance of UFOs being “something interesting.” What might be the proper trade? David S. emails me, and I will…
https://marginalrevolution.com/marginalrevolution/2020/07/the-economics-of-fungi.html One part of the mycelium had access to a big patch of phosphorus. Another part had access to a small patch. She was interested in how this would affect…
by Emrys Westacott The current Covid 19 pandemic is undoubtedly a disaster for millions of people: for those who die, who grieve for the dead, who suffer through a traumatic…
https://www.goldmoney.com/research/goldmoney-insights/a-primer-for-gold-newbies The purpose of this article is purely educational. Increasingly, the wider public is turning to gold in a spontaneous reaction to financial and economic problems that have become suddenly…