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Krugman on Bitcoin, Part Deux
Paul Krugman writes that Bitcoin enthusiasts, which he calls “bitbugs,” tend to believe that “we live in an era of wildly irresponsible money printing...
“You have to monetize your audience”
This video mocking TED Talks by start-up company CEOs is hilarious. Even though it is evidently fake, it rings True: Source: The Onion Digital Studios...
Bitcoin Adoption Right on Schedule
BloombergBusinessWeek reports that some Iranians are turning to Bitcoin in the face of economic uncertainty, because US dollars are difficult to obtain...
Map of US 2012 Presidential Election Results versus Location of Top-Ranked US Universities
Sources: Google Election Results Times Higher Education World University Rankings
Academic Weasel Words, Translated
This is hilarious (click to enlarge): Hat tip: macroexposure
A Common Sense Argument for Taxing the Super Rich
From a successful investor-entrepreneur, this rings very true: It is unquestionably true that without entrepreneurs and investors, you can’t have a dynamic...
Unfortunately for Politicians, the Laws of Arithmetic Are Not Flexible
Martin Wolf in today’s Financial Times: If the private sector is seeking to run down its debts, it is hard for the government to do so, too, because everybody...
Household Debt is Holding Back the U.S. Economy
After reading this article and this presentation, and reviewing these two papers by Amir Sufi and Atif Mian, I no longer harbor any doubts that the root...
The Future is Not Here Yet
Last week my wife and I decided to migrate our personal email accounts from a longtime business-oriented service to the paid edition of Google Apps, because...
On the Economic Situation of the United States of America
Imagine an island inhabited by two tribes who have divided the island’s territory as shown below. For lack of originality, let’s call these two fictitious...
A Brief Note on Krugman on Bitcoin
Finally, I just had a chance to read Paul Krugman’s column on Bitcoin. For the record, I fully agree with Mr. Krugman that it would make no sense for...
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