BlogHide Resteemsresteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Trade Restrictions Don't Make Sense: Importers And Exporters Are The Same PeopleThere's just way too much rhetoric out of the last election against free trade that needs to stop. Tariffs and other trade restrictions will not make America great ...it will make us poorer. The…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.The Dark Side Of Enforcing Property Rights In Another CountryProperty rights are the cornerstone of a healthy economy and critical to individual freedom. Without property rights there is little reason to invest in productivity, and so it's little surprise…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Economic Growth Is Not a Ponzi SchemeThere's all too much popular misconception that economic growth is "unsustainable" akin to a Ponzi scheme. This may be true for some types of growth, but certainly not from the natural type induced…resteemedfinpunk (64)in bitcoin • 8 years agosteemCreated with Sketch.Bitcoin Is The Ultimate Currency Hedge For Volatile EconomiesBitcoin is proving to be the ultimate currency hedge for those stuck in volatile economies. Vinny Lingham, CEO of identity startup Civic, explains Bitcoin's 2016 price surge in "Bitcoin in 2017: A…resteemedfinpunk (64)in bitcoin • 8 years agosteemCreated with Sketch.How Bitcoin Can Help Countries Like NicaraguaNicaragua is a beautiful country with a lively culture, great food, incredible coffee, and some of the best cigars in the world. Despite once being one of the richest countries in Central America…resteemedfinpunk (64)in travel • 8 years agosteemCreated with Sketch.@finpunk Goes To Nicaragua (Part 4): Laguna de Apoyo, Flor de Caña, and Christmas FunThe last part of my trip to Nicaragua was simply amazing, and included a relaxing day on Laguna de Apoyo, a personal tour of Flor de Caña's distillery, steaks perfectly barbecued in a metal barrel…resteemedfinpunk (64)in travel • 8 years agosteemCreated with Sketch.@finpunk Goes To Nicaragua (Part 2): Groceries, Donkeys, and Card CountingThe last four days in Nicaragua have been a ton of fun and a wonderful learning experience. There are few better ways to learn about the world than to get out into it! @finpunk Goes to Nicaragua…resteemedfinpunk (64)in travel • 8 years agosteemCreated with Sketch.@finpunk Goes To Nicaragua (Part 1)Yours truly is en route to Nicaragua as I write this. My wife and I head there at least once a year to visit her family and enjoy the beautiful country next to its better-known neighbor, Costa Rica.…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Economics is “horrendously misguided” and obsessed with “completely unimportant things”Jeffrey Sachs is one of the most respected growth economists in the world, a large part of that because so much of his work has been outside the Ivory Tower helping real people. In particular, he…resteemedfinpunk (64)in ethereum • 8 years agosteemCreated with Sketch.Ethereum Classic Gets More Interesting: More Developers and a New Monetary PolicyEthereum Classic (ETC) was one of the first major revolts of a successful cryptocurrency community, the point of contention being the hard fork bailout of The DAO. The core Ethereum project, founded…resteemedfinpunk (64)in bitcoin • 8 years agosteemCreated with Sketch.A New Type of Hedge Fund Using Artificial Intelligence, Encryption, Crowdsourcing, and BitcoinFinance just gets more interesting by the day! Wired grabbed my attention this morning with "7,500 Faceless Coders Paid in Bitcoin Built a Hedge Fund’s Brain." The article talks about Numerai, a…resteemedfinpunk (64)in food • 8 years agosteemCreated with Sketch.Predicting A New Consumer Revolution: The Plant-Based DietIn "Moving Towards a Plant-Based Diet" I announced that my wife and I were embarking on a 75% vegetarian diet, pushing meat down to about 25% of our meals. Earlier this morning Alex Tabarrok of…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Stossel: Life is Fairer When People Are Free to Make Their Own DecisionsIt's interesting that people need to be convinced that freedom is a decent concept. There's all too often a "but" tagged to the end of any statement about freedom being a good thing. The reasons…resteemedfinpunk (64)in finance • 8 years agosteemCreated with Sketch.Some Thoughts on Personal Finance & Alt Lifestyles: A University Lecture I Never GaveThis was a final lecture I meant to give to my FINA 469 "Intro to Investments" course @UofSC over the summer, but ran out of time. After the usual curriculum getting into the weeds of securities…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Economics is a Very Dangerous ScienceEconomics is a very dangerous science precisely because it empowers smart people with complex tools to make policy prescriptions that often end up imposed on everyone. Economists invoke the…resteemedfinpunk (64)in bitcoin • 8 years agosteemCreated with Sketch.Bitcoin is Promoting Freedom in Latin AmericaReasonTV recently published this cool video on "3 Ways Bitcoin is Promoting Freedom in Latin America." Entrepreneurs are using the cryptocurrency to bypass monetary controls, tariffs, and cutting…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Private Health Care Dominates Free Public Version in Rural IndiaA groundbreaking study published in the American Economic Review (AER) titled "Quality and Accountability in Health Care Delivery: Audit-Study Evidence from Primary Care in India" presents evidence…resteemedfinpunk (64)in economics • 8 years agosteemCreated with Sketch.Rethinking Military Spending After Pentagon Caught Burying Evidence of WasteThe Washington Post reports that the "Pentagon buries evidence of $125 billion in bureaucratic waste," apparently suppressing the results of a study that points out back-office and other…resteemedfinpunk (64)in bitcoin • 8 years agosteemCreated with Sketch.BitLendingClub Closing and the Real Risks of p2p Bitcoin LendingBitcoin.com reports today that "Regulatory Pressure Forces BitLendingClub to Close," citing a letter to customers that said “regulatory pressures” have burdened operations and “it is no longer…resteemedfinpunk (64)in economics • 8 years agoDecade of Negative Real Interest Rates and a Shrinking Middle ClassIn "Decade of Negative Real Interest Rates: Who Benefited?" Mike "Mish" Shedlock tackles one of the biggest economic questions in the last decade: Who really benefited from all the Federal Reserve…