“Antitrust” refers to laws and regulations that prevent monopolies and promote competition in markets. My take is that open source has emerged as an important form of response to antitrust… Read More »Open Source as a Response to AntiTrust
“Dutch disease” refers to the economic phenomenon where a country experiences a spike in revenue from natural resources—like oil—which leads to a stronger currency and a subsequent decline in other… Read More »Irish Sandwich Disease
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
Act 1: The UK You’re at a late night AGM for the local community club. The passions are high because the stakes are low. It’s time to elect a new… Read More »Can we do a quick show of hands?
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.