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Is Bitcoin Just A Brilliant Wealth Redistribution Scheme?

December 10, 2017 - 10:25am
Is Bitcoin Just A Brilliant Wealth Redistribution Scheme?

Authored by Valentin Schmid via The Epoch Times,
Many older, wealthy people are losing out, while younger risk takers are getting rich...

Normally, the concept of wealth redistribution involves government using force to take from some people and give to others. But the bitcoin revolution is redistributing wealth differently.

How Economics Failed The Economy

November 12, 2017 - 10:20am
How Economics Failed The Economy

Authored by Umair Haque via Eudaimonia blog,
When, in the 1930s, the great economist Simon Kuznets created GDP, he deliberately left two industries out of this then novel, revolutionary idea of a “national income”: finance and advertising.
Don’t worry, this essay isn’t going to be a jeremiad against them, that would be too easy, and too shallow, but that is where the story of how modern economics failed the economy? - ?and how to understand how to undo it? - ?should begin.

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