bitcoin-and-the-cost-fallacy

Bitcoin and the Cost Fallacy

This article was originally published in the Economic Forces newsletter. Price theory is about supply and demand. Why is the price of good Y equal to $X? Well, it is just supply and demand. That sounds simple, but people often get this wrong. A prime example can be found in the discussion about bitcoin. The…

atonement

Atonement

As in the USA, the governments of Euroland have declared war on their own people…. Boston, Massachusetts, may be even more Woked-up than the Pacific Coast cities. By “Woked-up” I mean susceptible to a quasi-religious frenzy that compels the performance of moral atonement scripts with an emphasis on obeisance to “experts” (credentialed hierophants) — such…

hunger-in-africa:-the-situation-is-serious

Hunger In Africa: The Situation Is Serious

Hunger In Africa: The Situation Is Serious 278 million people in Africa suffer from chronic hunger. As Statista’s Martin Armstrong details below, this corresponds to 20 percent of the continent’s population. By comparison, ten percent are affected when looked at globally. You will find more infographics at Statista According to Welthungerhilfe, the main drivers of hunger…