Our obsession with "keeping up with the Joneses" makes us richer but less satisfied.
Articles tagged "economics"
An economist will give low-income mothers money to see if it affects their child's cognitive development.
More evidence that the War on Drugs has been a huge mess.
We can't assume either that a fully price-corrected economy is even possible, or that it alone would be enough to create an ecological sustainable economy.
The "country sustainability index" forecasts how likely nations are to navigate the future without falling apart.
Earth Overshoot Day 2013 is here, and it's two days earlier than last year.
Turning bills into bitcoin at bargain price.
Sandel's latest book, "What Money Can’t Buy," asks the question: “Do we want to live in a society where everything is up for sale? Or are there certain moral and civic goods that markets do not honor and money cannot buy?”
After years of tight state control, China is finally preparing its currency, the yuan, to go mainstream.
Why is our cash so ugly? Seriously. Even Canada has more advanced money than America!
What the hell happened and what have we learned?
Engineering the Bitcoin Gold Rush: An Interview with Yifu Guo, Creator of the First Purpose-Built Miner
"It’s not about how much bitcoin is worth. The exchange rate is irrelevant. It’s about the concept."
There are bitcoin-savvy folks betting that paying 13 times the price of a machine will actually pay off.
European officials are proposing directly picking the pockets of their citizens by going straight for their banking deposits. Incidentally, it's also turning furious (and fearful) Europeans to cryptocurrency.
Until now, one of main flaws of bitcoin is that still relies on centralized exchanges.
What's more, diseases have a greater impact where biodiversity shrinks.
Despite the claims of some gun enthusiasts, maybe we can legislate crazy
Nobody likes getting screwed over. Take Wall Street for an obvious example. Lecherous bankers dream up some too good to be true financial products, trade them on the open market even though they know they're defective, fill their coffers and shrug wh…
The logic that anchors peak oil is beyond simple—there's a finite amount of the black stuff, and we'll eventually run out of it. The question of when, precisely, we'll hit bottom is the matter of intense speculation, and for good reason. No substan…
It is at once the ‘net’s most inspired invention or its most dangerous project ever depending on who you ask.Bitcoin might be nothing more than the latest Internet scam, a virtual ponzi scheme designed to enrich early adopters, while adding no re…
Do you lie and cheat on a regular basis? Do you cut in front of pedestrians in traffic? Do you consider greed to be a virtuous quality? Do you think you're totally awesome and worthy? Scientifically speaking, you are more likely to be upper-class, ac…
I’m not an economist. It goes against my personal philosophy that the economy works by the same principle as a really large scale version of pushing your food around your plate in an attempt to fool your parents into believing you finished your din…