How the blockchain will radically transform the economy | Bettina Warburg

How the blockchain will radically transform the economy | Bettina Warburg

Economists have been exploring people’s behavior for hundreds of years:how we make decisions,how we act individually and in groups,how we exchange value.They’ve studied the institutions that facilitate our trade,like legal systems,corporations,marketplaces.But there is a new, technological institutionthat will fundamentally change how we exchange value,and it’s called the blockchain.Now, that’s a pretty bold statement,but if you […]

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Rwanda’s economy is booming, but at what cost?

Rwanda’s economy is booming, but at what cost?

>>Sreenivasan: ROBERT MUGABE OFZIMBABWE DIED THIS WEEK.HE RULED THAT COUNTRY FOR ALMOST40 YEARS.HE HELPED THE NATION GAININDEPENDENCE, BUT WAS LATERREVILED FOR HIS BRUTALCRACKDOWNS ON OPPONENTS AND AFAILING ECONOMY.FOR SOME, THE STORY IS A SIMILARONE TO THAT OF RWANDA, WHERE, AQUARTER CENTURY AGO, MORE THAN800,000 TUTSI AND MODERATE HUTUSWERE KILLED IN A GENOCIDE THATLASTED 100 DAYS.CURRENT […]

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Why skyrocketing federal debt will mean the next recession is harder to overcome

Why skyrocketing federal debt will mean the next recession is harder to overcome

JUDY WOODRUFF: Even as the president is weighing what he would try doing if the U.S. economyslows down, there are stunning new figures about how the federal deficit is growing worsethan projected.The news came yesterday from the nonpartisan Congressional Budget Office.In fact, as a share of the total economy, the deficit is now reaching its […]

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