Bitcoin was an interesting development in the history of money – a currency created from an algorithm. In this edition of the Debunking Economics podcast Professor Steve Keen explains to Phil Dobbie how Bitcoin works. They also discuss how other new currencies could be used to manage online transactions and the threat that could create for the banking sector.
To hear the full version subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
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High hopes or buying the dip?
Buying the dip? There wasn’t any strong news to explain the rise in US equities. NAB’s Tapas Strickland says that, and softer news from Asia, suggests that is the case this morning.
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The No-Brainer Congestion Cure
Isn’t congestion pricing on obvious policy step, particularly as faster broadband enables more of us to work from home more often?
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The EU Gravy Train
We tend to think of the bureaucrats in Brussels as the people making the easy money out of the EU – but there are lots of people milking it here in the UK too.
