economics

258 Posts

Warren Buffett Is Wrong: The Bitcoin Proof

The-Bitcoin-Proof-Warren-Buffett-Is-Wrong

When I first took a serious look at bitcoin, I focused on its potential as a currency. It was hard not to notice the enthusiasm for bitcoin among a number of its proponents. But I balked nevertheless. I felt that bitcoin would have a common enemy in governments around the world, implying that it would be outlawed, burdened with onerous regulation, taxed, or otherwise butchered beyond recognition by policy. Read more

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Best of 2014: Economics, Capital Flows, and Innovation

Best of 2014: Economics, Capital Flows, and Innovation

Every year at this time, we reflect back on the events of the last 12 months and take inventory. This year (2014) will likely go down in history as a pivotal transition year. The status quo is shifting. We are leaving behind the post-crisis global economic recovery, the resource shortages caused by the rise of emerging markets, as well as the policy aftermath of the financial crisis of 2008, and embracing something new. Enough time has passed and the telltale signs of change are all around us. Read more

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Book Review: GDP

Book Review: GDP

Should anyone other than a statistician care about the fine points of calculating gross domestic product? In GDP: A Brief but Affectionate History, economist Diane Coyle offers a striking example of why investors and policymakers ought to pay closer attention. Read more

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Book Review: Global Trends 2030

Book Review: Global Trends 2030

This book is the US intelligence community’s best assessment of critical drivers and political scenarios worldwide over the next 15 years. The overview is broken into megatrends, game changers, and potential alternative scenarios. It delineates those regions and issues that may hold both the greatest opportunities and the greatest risks in the future. Read more

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