Mario Draghi, former prime minister of Italy, and head of the European Central Bank, has published a 69 page report: Many have criticised the slow growing regulatory EU state before,… Read More »EU Competitiveness and Mario Draghi
Low cost, reliable energy underpins: Policies of individually subsidising wind and solar undermines low cost reliable energy because they subsidise intermittency. Wind and solar subsidies work directly opposite to the… Read More »Firmed Energy Tenders: A Resilient Approach to Energy Subsidies
Ideally a currency would have price stability and avoid the risk of the issuer inflating the supply to their benefit. One proposed remedy for this is the idea of a… Read More »Implications of Friedman’s Commodity-Reserve Currency for Partial-Reserve Banking, Bitcoin, and Better Currency Designs.
Decentralised systems today are inefficient, but that may change. Just as computers went from factories to phones, technology may take us to a point where factors other than efficiency result in the decentralisation of information.
1. Debt: The First 5,000 Years, By David Graeber. Great book because it gets us out of our very modern and restricted understanding of how money and debt work. Perhaps,… Read More »Pure Decent Books About How the World Works – May 2016
The beauty of a referendum is that there are often only two answers, “yes” and “no”. What we have at the Paris Climate Change convention is the exact opposite of a… Read More »Hashtag One Euro Carbon
Dear Spirit Airlines, I recently booked my first flight with you Spirit and was pleasantly surprised. You are the first airline I have seen to charge separately for carrying on… Read More »Please stop giving me things for free
The short version Plausibly yes. It does seem plausible that Mr. Trump could be richer today if he had invested his inheritance in a broad range of stocks and left it there… Read More »Could Donald Trump have made more money sitting on his hands?
According to a very nice Uber driver I met on Sunday the two reasons are simple: 1) The Red Sox are losing because that was the plan 2) The Red… Read More »Top Two Reasons the Red Sox are Losing
The strategy of investing in hundreds of early stage startups per year appears, at least in one case, to allow a return of more than 80% year on year. This… Read More »The best way to make a fortune investing in startups