Retired, finally. I enjoy learning about crypto and sharing my discoveries. Also, I follow the News closely and enjoy discussing current events. I have no political agenda, but advance views based in reality with a slant toward real world consequences.
11 Jul 2021 2 minute read 0 comments kev_nag
***INTRODUCTION*** Thomas Malthus was an influential 18th Century economist among other things. His most important contribution to the field of Economics was a book published in 1798 entitled "An Essay on the Principle of Population". [Malthus, T. "...
10 Jul 2021 4 minute read 1 comment kev_nag
***HISTORY*** Economic theory has held that there exists an inverse relationship between unemployment and inflation. Again, in theory, if you think this through, it makes sense. When you have low levels of unemployment, workers have available more di...
29 Jun 2021 3 minute read 2 comments kev_nag
***INTRODUCTION*** By combining various intelligent devices together with the Internet forms a large scale network known as the Internet of Things (IoT). With this IoT, real time exchange of information and communication among devices is made possibl...
17 Jun 2021 6 minute read 0 comments kev_nag
INTRODUCTION Many here might be unaware of what the Internet of Things actually is. The Internet of Things is "a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique ident...
9 Jun 2021 4 minute read 4 comments kev_nag
Dear Mr. President: Sir, you and I really need to chat. You see, you have me confused (almost as much as you are on your best days). I studied economics in College and am fully aware of what items are included the term 'traditional infrastructure'. D...
6 Jun 2021 4 minute read 1 comment kev_nag
BACKGROUND In March, 2021, the Biden Administration announced the American Jobs Program, a sweeping and wide ranging proposal to spend $2 Trillion over a 10 year budget window on American infrastructure and other projects. However, what is consider...
5 Jun 2021 4 minute read 0 comments kev_nag
FACTS Police Sergeant Nathan Van Buren needed money. To satisfy his need, he asked one Andrew Albo (who was reputed to have connections to prostitution and who had prior police contacts) for help. Van Buren's request was reported to the local sheriff...
3 Jun 2021 3 minute read 0 comments kev_nag
Long processing times and high transaction costs are the bane of Blockchains. Initial techniques to address these scalability issues utilized 'side chains', but 'side chains' proved to exhibit a fatal flaw - the user's funds are subject to theft if t...
2 Jun 2021 2 minute read 0 comments kev_nag
Clearly, it is impossible to place a dollar value on a human life. However, to completely assess the economic effects and impacts of events such as the SARS-CoV-2 pandemic, economists are tasked to do just that. To accomplish this difficult endeavor,...
26 May 2021 6 minute read 1 comment kev_nag
The rate of unemployment for a nation is a key indicator of the strength or weakness of its economy. Beginning a macroeconomic look at unemployment in the United States must start with the definition of the term and how the rate thereof is calculated...
