Joseph Stiglitz

Top German Economist Says There Are Strong Reasons to Regulate Bitcoin

At a time in which bitcoin reaches a new all-time high of $17,900 and the cryptocurrency’s market cap nears the $300 billion mark, regulations are …

Cryptocurrency

Some bitcoin investors can’t resist the urge to splurge

Somebody forgot to tell bitcoin investors that bitcoin isn't a currency.<p>While banks try to figure out how to profit from cryptocurrency and …

Cryptocurrency

Bill Moyers, America’s Conscience, Retires Again—This Time for Real

Dennis Van Tine/Geisler-Fotopres/picture-alliance/dpa/AP Images<p>Bill Moyers attending the 2015 Writers Guild Awards New York Ceremony at the Edison …

Lyndon B. Johnson

Puerto Rico's Oversight Board Is Failing At Its Duties

The Oversight Board was created to instill fiscal discipline and to allow Puerto Rico to regain affordable access to capital markets.<p>It is required …

Caribbean

Five myths about bitcoin

This month, bitcoin, the digital currency launched by Satoshi Nakamoto in 2009, hit a record price of $17,428.42 per coin. It got its own futures market at a traditional brokerage firm, and it even earned a joke in a recent “Saturday Night Live” sketch. Perhaps because of its complicated technical …

Bitcoin

Real ‘Wolf of Wall Street’ has a Bitcoin warning

December 15, 2017 10:46AM<p>THE real ‘Wolf of Wall Street’ who rose to infamy when he plead guilty to stockmarket manipulation has slammed Bitcoin, …

Wolf of Wall Street

Bitcoin Vs. Bullion - Another Polar Bear Chasing Penguins?

Bitcoin futures started on Sunday evening, December 9th, 2017. The cryptocurrency surged that day. It was launched under the XBT ticker symbol on …

Business

Canada's Corporations pay less tax than you think | Toronto Star

The high cost of <br>low corporate taxes<p>A deep dive into the financial statements of Canada’s biggest corporations shows these companies pay far less …

ICIJ

Don't Take Out a Second Mortgage to Buy Bitcoin

According to regulator Joseph Borg, the bubble’s going to burst.<p>When Joseph Borg opened his email on Monday morning, he found three new messages, all fervently advertising the same thing: bitcoin.<p>“Earn a Guaranteed $13,000 In Exactly 24 Hours!”<p>“Click here for bitcoin purchase!”<p>Borg is the president …

Cryptocurrency

Bitcoin 'Highly Speculative,' Says Yellen | Investopedia

Federal Reserve Chair Janet Yellen has become the latest big-name economist to caution investors over bitcoin.<p>In what is likely to be her last press …

Economy

Opinion: Bitcoin is still a good bet as long as greater fools are buying

In 2011 a friend of mine — a brilliant college graduate from a top university — worked on hardware and coding projects for MarketPsych. To save money …

Business

Trump and GOP tax cut is handing corporations like Ford a giant incentive to move offshore - Salon.com

Ford hit Michigan and its auto workers with some crappy holiday news. Instead of building a $700 million electric vehicle factory in Michigan as promised in January, Ford will construct the plant in Mexico.<p>Ford reneged on its promise to Michigan workers just days after the Senate passed a tax plan …

U.S. Politics

Bitcoin investors expect even better returns next year

Despite eye-popping gains enjoyed by some of the biggest bitcoin and bitcoin-like assets in 2017, investors in the digital-currency expect even …

Finance

Stiglitz Says U.S. Tax Bill Is the Worst He's Ever Seen

December 12th, 2017, 9:33 AM UTC<p>Joseph Stiglitz, economics professor at Columbia University, discusses his thoughts on U.S. tax reform, bitcoin and …

Business

Is Now the Right Time to Invest in Bitcoin, or Should You Stay Away?

The cryptocurrency bitcoin has been surging in the stock market. How does bitcoin work and will its success last?<br>Read More

Bitcoin

How Alabama’s Election Could Reshape Washington’s Policy Battles: DealBook Briefing

<i>Good Tuesday. Here’s what we’re following today:</i><p>• What’s at stake in Alabama<p>• Will Republicans enact their tax plan by year’s end?<p>• What does Apple spend its cash on? Not acquisitions.<p>• Is Broadcom making a jobs promise it can’t fulfill?<p><i>Like what you see? Get the DealBook Briefing in your inbox</i> …

Business

Arab Strategy Forum Discusses Economic, Political Matters in Dubai

Prominent economic and political analysts and experts come together this year for the "Arab Strategy Forum" which will be held in Dubai on Tuesday …

Middle East

Bitcoin risky but 'limited phenomenon', says EU

This has led Ewald Nowotny, a member of the European Central Bank's (ECB) governing council, to say on Monday that because of the scale, "it is …

Bitcoin

The World Might Be Better Off Without College for Everyone

Students don't seem to be getting much out of higher education.<p>I have been in school for more than 40 years. First preschool, kindergarten, elementary school, junior high, and high school. Then a bachelor’s degree at UC Berkeley, followed by a doctoral program at Princeton. The next step was what …

U.S. Dept. of Education

Read This Before You Buy Bitcoin

The real value is the blockchain technology.<p>Bitcoin itself is pure speculation.<p>Consider diversifying across the top five or six coins.<p>Last week, …

Business

Warnings About Monopoly Power Are Right

"America Has a Monopoly Problem—and It's Huge," ran a headline in <i>The Nation</i> recently. The piece by Nobel Prize-winning economist Joseph Stiglitz …

Keynesian Economics

Thoughts on macroeconomics by UW’s Fabio Ghironi among Bloomberg columnist’s ‘must-reads’ of 2017

UW News<p>Bloomberg News columnist Noah Smith has listed a paper by University of Washington economist Fabio Ghironi as among “must-read” papers and …

Economics

Bitcoin futures trading begins on CBOE exchange in Chicago

<b>Bitcoin has begun trading on a major exchange for the first time.</b><p>The digital currency launched on the CBOE futures exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall.<p>Its value had surged in the run-up to its futures debut, which saw it …

Cryptocurrency

New step for Bitcoin's wild ride: Futures trading

For more than four decades, the Chicago Board Options Exchange has allowed investors to place their bets on commodities from corn to steel.<p>On Sunday, the exchange began offering options to bet on something very different: bitcoins.<p>Why is it different? With stocks and commodities, there's an …

Bitcoin

Trump's Assault on National Monuments, in the Name of ''Jobs,'' Should Not Be Believed

Thousands of people converged on the steps of Utah's State Capital building to protest President Trump's plan to shrink protected areas across the …

Liberal View

Bitcoin's ends dramatic week with 20% slump followed by recovery

Amid warnings of bubbles and infernos, currency hits new high of $16,660, crashes, then recovers to $15,350 as London closed<p>Bitcoin rounded off a week of frenzied investor speculation with a day of whipsaw trading that knocked nearly 20% off its value at one point, but still left the cryptocurrency …

Bitcoin

Inflation v Deflation – State Finances

There is a general belief, and that is all it is, that state finances fare better in an inflationary environment than a deflationary one. This …

Economics

What’s the true price for carbon? - Salon.com

The economist Nicholas Stern, who became world famous for his 2006 report on the dramatic but foreseeable consequences of climate change, spoke on November 2 at the Veolia Institute’s 10th conference in Oxford, England, “Resource Availability in a Low-Carbon World”. The Conversation France asked …

Climate

A Race To The Potential Behind Bitcoin

The timing just never seems to fall in our favor. If we had had this conversation ten years ago as would have been appropriate, then this evolution …

Business

Why monopolies are threatening American democracy

<i>Felicia Wong is president and chief executive of the Roosevelt Institute.</i><p>We are living in a new age of monopoly power. Mega-mergers are dominating headlines. This week, CVS Health announced that it intends to buy the health insurer Aetna. Meanwhile, AT&T, the telecom behemoth, continues to battle …

Opinion