Economics

4

North Dakota, socialist haven?

http://www.salon.com

North Dakota is the very definition of a red state. It voted 58 percent to 39 percent for Romney over Obama, and its statehouse and senate have a total of 104 Republicans and only 47 Democrats. The Republican super-majority is so conservative it recently passed the nation’s most severe anti-abortion resolution – a measure that declares a fertilized human egg has the same right to life as a fully formed person. But North Dakota is also red in another sense: it fully supports its state-owned Bank of North Dakota (BND), a socialist relic that exists nowhere else in America.

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PC Harris's picture
Created by PC Harris 1 year 3 weeks ago – Made popular 1 year 3 weeks ago
Category: Economics   Tags:
5

Tradehill Exchange Adds Dark Pools Of Bitcoin Liquidity - Forbes

http://www.forbes.com

Tradehill is a U.S-based exchange that falls within the definition of FinCEN’s regulations for virtual currency exchange operators. “Bitcoin’s primary use is value transmission and financial technology in the U.S. is a very regulated space,” according to Tradehill COO Ryan Singer. The company has anticipated this regulation and the recent guidance from FinCEN “really helps the startups in the space build a compliance game plan,” he added.

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roryn3kids's picture
Created by roryn3kids 1 year 3 weeks ago – Made popular 1 year 3 weeks ago
Category: Economics   Tags:
4

Expensify Now Offers Support For Bitcoin, An Alternative To PayPal

http://techcrunch.com

Expensify has announced it is now supporting Bitcoin to give international contractors an alternative to PayPal and the high fees associated with the service.

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roryn3kids's picture
Created by roryn3kids 1 year 3 weeks ago – Made popular 1 year 3 weeks ago
Category: Economics   Tags:
5

Jeff Berwick Announces Opening Of First Bitcoin ATM in Cyprus

http://www.prweb.com

Jeff Berwick, founder of StockHouse.com and CEO of TDV Media, announced Monday his plans to open the world’s first Bitcoin ATM in Cyprus, citing the ongoing bank bailout, bank closures and capital controls now being pushed in that country. According to Berwick, who sold Stockhouse last decade which at the peak of the tech bubble was worth $240 million, Bitcoin ATM has the world’s first software enabling a two-way, automated Bitcoin market.

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roryn3kids's picture
Created by roryn3kids 1 year 4 weeks ago – Made popular 1 year 4 weeks ago
Category: Economics   Tags:
3

Embracing Markets, Opposing “Capitalism”

http://c4ss.org

mainstream print and electronic media regularly use “capitalism” to refer to “the economic system we have now.” And it’s relatively common to hear “capitalism” employed as a synonym for “dominance of workplaces and society by capitalists—by the owners of substantial capital assets.” Libertarian principles as I understand them entail support for capitalism in neither of these senses.

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StrayLite's picture
Created by StrayLite 1 year 12 weeks ago – Made popular 1 year 12 weeks ago
Category: Economics   Tags:
3

The Keynesian thought patten, writ large

http://www.nytimes.com

Let’s get one thing straight: America is not facing a fiscal crisis. It is, however, still very much experiencing a job crisis. In fact, of course, it’s just the opposite: The danger is that the deficit will come down too much, too fast. And the reasons that might happen are purely political; we may be about to slash spending and raise taxes not because markets demand it, but because Republicans have been using blackmail as a bargaining strategy, and the president seems ready to call their bluff.

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Jking8767's picture
Created by Jking8767 1 year 19 weeks ago – Made popular 1 year 19 weeks ago
Category: Economics   Tags:
4

Reality check regarding Hostess bankruptcy

http://www.forbes.com

Hostess has been sold at least three times since the 1980s, racking up debt and shedding profitable assets along the way with each successive merger. The company filed for bankruptcy in 2004, and again in 2011. Little thought was given to the line of products, which, frankly, began to seem a bit dated in the age of the gourmet cupcake.

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phonon's picture
Created by phonon 1 year 22 weeks ago – Made popular 1 year 22 weeks ago
Category: Economics   Tags:
3

Bitcoin Friday! One day sale from tons of Bitcoin merchants!

http://bitcoinfriday.com

Bitcoin Friday! This is a Pre-Black Friday of sorts. A one day sale event at all Bitcoin merchants along with a unified attempt at advertising Bitcoin businesses. This means we need your help in two ways: please buy something with your bitcoins and please tell the world that Bitcoin businesses exist!

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awagele's picture
Created by awagele 1 year 23 weeks ago – Made popular 1 year 23 weeks ago
Category: Economics   Tags:
3

78 percent of Bitcoin currency stashed under digital mattress

http://arstechnica.com

More than three-quarters of the digital coins in the Bitcoin digital currency scheme aren't circulating because they remain dormant in user accounts that have never participated in outgoing transactions, a recently published study has found.

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stuntmantdave's picture
Created by stuntmantdave 1 year 26 weeks ago – Made popular 1 year 26 weeks ago
Category: Economics   Tags:
10

Insurance Abuse? Anti-Venom Cost ER Patient $40k in US, $100 in Mexico

http://lasvegas.cbslocal.com

Arizona Hospital Charges Woman $83,000 To Treat Scorpion Sting which includes two doses of anti-venom at nearly $40,000 per dose that is sold for $100 per dose in Mexican pharmacies. Now explain to me again that why health care costs are rising?

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TaxedOut's picture
Created by TaxedOut 1 year 32 weeks ago – Made popular 1 year 32 weeks ago
Category: Economics   Tags:

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