When economists refer to industrialization, does it mean a move from agricultural to manufacturing economy? Is the growth in services a different term? (22 points, 6 comments)
Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (20 points, 5 comments)
If we have cobb douglas preferences, my demand for x is not a function of the price of y. How do substitution effects arise then? (11 points, 6 comments)
Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
why is ceteris paribus important for analyzing/thinking about the world? (11 points, 7 comments)
Why does inflation necessarily mean wages will be increasing too? (6 points, 3 comments)
Can the Euro become the global currency for trade? (17 points, 3 comments)
Is China still considered a centrally planned economy? (16 points, 4 comments)
Ressources on the Soviet industrial failures due to poor economics? (14 points, 2 comments)
What is the reason behind France's high unemployment rate? (9 points, 14 comments)
About Land Value Tax & Single Tax: how would it affect farmers and those of them who own their land? (7 points, 3 comments)
Does welfare policies contribute to inflation? (2 points, 1 comment)
If a Bitcoin is worth $1 000 000 and some persons like Satoshi have one or more millions of it... what power do they have? Can they disrupt the financial system with the huge amount of dollars that they have? (1 point, 8 comments)
Not sure if this is the kind of question I should be asking here. I’m an Undergrad Econ major and I’m looking for reading recommendations. Anything from economic theory, history, current research, etc. Main interest is Macro. Thanks (4 points, 5 comments)
I'm here to explain why I believe we're smack-dab in the first inning of a sea change that has the power to change how you'll look at investing forever. And while I'm sure many people will look back at 2017 and remember this year's most "popular" news stories, such as the postelection stock market rally... Amazon's buying Whole Foods... or Apple's releasing the iPhone X... I believe the most transformative investing trend that's emerged this year is — by far — the rise of cryptocurrencies and blockchain technology. If you've been hearing whispers about this new asset class, it's likely because so many cryptocurrencies have experienced monumental gains in the past year. Just look: Bitcoin: Up 365% YTD Monero: Up 542% YTD Dash: Up 2,593% YTD Ripple: Up 4,296% YTD NEO: Up 22,509% YTD These returns are so astronomical, it can be hard to even comprehend, but think about it this way... If you had invested $10,000 evenly in those five stocks I mentioned earlier, you'd be sitting on an $11,080 profit today. Not bad... But if you had invested that same $10,000 in these five cryptocurrencies at the beginning of the year, you'd be sitting on $606,100 worth of cryptocurrencies. As you can imagine, with returns like this in less than a year, we've been contacted by countless investors like you who are looking for answers to questions like: What is a cryptocurrency? Should I allocate a portion of my portfolio to cryptocurrencies? If so, how do I even buy them? Is this "the next big thing" or just another bubble like tech stocks in the '90s? Is it too late to get it? What is the safest way to play this trend? These are critical questions — and I believe having the right answers to them could make the difference when it comes to positioning your portfolio to benefit from what could be a once-in-a-generation market shift. That's why, for the past several months, I've been busy working with a team of crypto-experts to develop a comprehensive investment strategy to capitalize on this rare opportunity.
I'm truly optimistic for what the future of bitcoin will bring, considering LedgerX is on the horizon and so many changes of opinion are coming up. HODL fast, I'll see you kids on the moon.
Bitcoin Bubble Bursts as China Cracks Down on Digital Currency. Photo: David Ryder/WIRED. Bitcoin prices took a big hit on Wednesday after China's regulators ordered the country's payment ... Bitcoin’s recent wobbles have given fresh urgency to a question that’s gripped market observers for much of the past year: ... makes this more than anything we can find in the history books the very essence of a bubble. The strategist has a mixed record of success with such warnings. While Grantham was correct to call the 1990s surge in tech stocks a bubble, he exited too soon and missed ... Bitcoin Bubble 2019: Why the Summer Rally Is Nothing Like the One in 2017 "This is not your neighbor that has $100 and wants to get into the game." Unsplash / André François McKenzie. James ... The bitcoin mania, with prices still in a parabolic rise, is adding to worries about what will happen when the bubble finally pops. In a recent report, Andrew Kenningham, chief global economist at Capital Economics, said that he doesn’t see any systemic risk to the global economy or financial markets when the cryptocurrency finally bursts. If you are iPhone and iPad owner,you now can download Bitcoin Bubble Blower for 0.99 from Apple Store. The application is supporting English language. It weighs in at only 9.69 MB to download. It is highly advisable to have the latest app version installed so that you don`t miss out on the fresh new features and improvements. The current app version 1.0 has been released on 2018-06-01. The ...
Cryptocurrency bitcoin has set another record, breaking through the $12,000 mark for the first time. Compare that with where it was at the beginning of the year, when it was trading at around ... The bubble bursts. The situation I’ve described is exactly what’s happening with bitcoin. Bitcoin price should increase because it’s a useful currency, it’s decentralised, all the things ... Bitcoin Bubble Will Burst – But No Big Deal Bitcoin has all the hallmarks of a speculative bubble but the global economy will be fine even if it bursts, analysts say. (Shutterstock) Despite ... Last day like this was 11/14/17, will it re-enter the same channel? Please post your comments below... Bitcoin: is it a bubble waiting to burst or a good investment? Bitcoin is a digital currency, also known as a cryptocurrency, that emerged after the financial crisis and is not underpinned by a ...