Economics

354 Articles 4 Followers


The Seen and the Unseen

18 Jul 2023 1 minute read 1 comment fmiren

“Economics in One Lesson” by Henry Hazlitt is perhaps the best introduction to economics in a popular language.  It is a well-written book on the basics of economics. By exposing economic fallacies and failures of economic policies, it explains the s...

How are Law and Economics are related? Should Lawyers Study Economics? Should Economists Study Law?

23 Jun 2023 1 minute read 1 comment The Law in Economics

How are Law and Economics related? Law and economics are each highly complex and multidisciplinary fields. The law requires economics for understanding its behavioral consequences and economics requires the law to understand market principles. The a...

Ludwig von Mises

19 Jun 2023 1 minute read 0 comments LibertasBella

Ludwig von Mises had a rare talent. When too many social philosophers were championing rationalism over empiricism and vice versa, Mises employed both in full force. It’s how he devised an intricate theory of economics based on one guiding principle...

Food Prices Soaring: UK Government Weighs Capping Prices

29 May 2023 1 minute read 2 comments hifi.bitcoin

Subscribe to The HiFi Bitcoin Letters for the latest news about Bitcoin, Finance, Economics, Markets, & More! Subscribe The UK government is reportedly considering a proposal that would require supermarkets to cap the prices of certain foods. The pr...

How the Future Saw Bitcoin Some 15 Years Ago

9 May 2023 2 minute read 0 comments WinterYeti

Take a moment and step into the H.G. Wells Time Machine. We're going to go back to the late mid-2000s and think about how the world saw the value of Bitcoin in the near future. How much of it has actually come to pass now in 2023? --- Bitcoin, t...

Fed and ECB’s response to the 2007–2008 crisis

26 Apr 2023 4 minute read 0 comments fmiren

Monetary policy 101 Debt-deflation dynamics FED’s actions during the GFC FED’s policy response to the 2007–2008 crisis proved to be effective. (Here we don’t discuss the long-term consequences of FED’s policy which can be debated). If Bernanke wa...

What is seen and what is not seen

18 Apr 2023 1 minute read 0 comments fmiren

  The basics of economics I finished reading the book “Economics in One Lesson” by Henry Hazlitt in two days. That good it was! It is a well-written book on the basics of economics. By exposing economic fallacies and failures of economic policies...

The $1 Million Bitcoin Bet

20 Mar 2023 4 minute read 3 comments RocketEnthusiast

In case you haven't heard by now, the former Chief Technology Officer of Coinbase Balaji Srinivasan has made a bet via Twitter regarding the price of Bitcoin. He is betting that, due to incoming hyperinflation, the price of 1 BTC will reach $1 millio...

Is a recession probable?

20 Mar 2023 2 minute read 2 comments fmiren

Introduction Business cycless and economic indicators Multiple indicators were developed by NBER to better understand and track business cycles. There are three types of indicators. Leading, coincident, and lagging indicators predict, date, and follo...

Economics Runs on Two Things: Fear and Greed

14 Mar 2023 2 minute read 5 comments Debesh Choudhury

The news headlines that catch our eyes are about going to the moon or crashing into a catastrophe. People like to have excitement. Even the negative and sad stories arouse the news media's interest because that news is saleable to people. Global peo...