Monthly Archives: March 2014

Putin’s Achilles’ Heel

Posted on March 5, 2014 by Danielle Park

The Russian government collects 52% of its revenue from oil and gas taxes, and about 50% of the population are heavily dependent on government transfer payments for their sustenance. Under Putin, the Russian economy has not diversified but remains a … Continue reading →

Posted in Main Page | Comments Off on Putin’s Achilles’ Heel

Jon Stewart on the “Bitcoin” era

Posted on March 4, 2014 by Danielle Park

Last week we had the Mt Gox loss and closure, today we have news of a second Bitcoin bank going bankrupt. This time after misplacing £365,000 in credits. See: Bitcoin bank Flexcoin closes after hack attack. Jon Stewart sheds some … Continue reading →

Posted in Main Page | Comments Off on Jon Stewart on the “Bitcoin” era

The harder the fall: the truth about central banks and business cycles

Posted on March 4, 2014 by Danielle Park

Just because we’ve had a system of central banking for 100 years doesn’t mean we ought to. In fact, it’s starting to look like central banks do more harm than good. From obscuring the true cost of credit to causing … Continue reading →

Posted in Main Page | Comments Off on The harder the fall: the truth about central banks and business cycles