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Category Economics

Bitcoin – A Textbook Example of Investing Psychology

Bitcoin seems unstoppable. Since I last wrote about it in June, the price has doubled again. And with every new high, the bitcoin community gets more emboldened in their view that bitcoin is changing the world. I however, remain unconvinced…. Continue Reading →

Will Intelligent Machines Take All Our Jobs?

We live in exciting times. The speed of technological progress is breathtaking. In my lifetime, I have seen the world change from one without the world wide web and few computers, to computers being ubiquitous, and incredibly powerful. As a… Continue Reading →

Bitcoin – Currency or Bubble?

Bitcoin, the first crypto currency of the world, has come a long way. When I first heard about it, I thought it was a joke. A purely digital currency, really? Since bits are almost free these days, it seemed obvious… Continue Reading →

The Housing Bubble in Britain

This country is mad about property. I realised this very early on when I moved here from Germany. Before I came, I cannot recall ever having had a serious conversation with anyone about buying property. That is not to say… Continue Reading →

Trump’s Economic Policy Cannot Work

It has been a few weeks since Trump won the US Presidential elections. A lot of people still seem to be shocked by his victory. I was unpleased but not surprised that he won. I even almost broke my no… Continue Reading →

Is Historical Injustice A Justification For Taxation?

Libertarians tend to think that taxation is theft. Taking someone’s private property by force can hardly be called anything else, right? And yet, most people seem to find this argument rather unconvincing. Many probably have never thought about this issue… Continue Reading →

Dismantling The Basic Income Proposal

Basic income is an idea that is being discussed in many countries and political circles at the moment. The idea is to give every citizen of a state a certain amount of money, unconditionally every month. It is in essence… Continue Reading →

Panama Papers – An Attack on Liberty

The Panama Papers are a gigantic leak of 2.6 Terabytes that is making the news all over the globe at the moment. We have not heart much about who the person behind the leak is, nor have we heart a… Continue Reading →

Why “Accumulating Wealth” is Wrong

Last week I went to a humanist event on Human Rights. There were two speakers exploring the topic of whether human rights are universal or not. One of them was a young sociologist who argued for a relativist position. While… Continue Reading →

Soviet Migration Chaos

In many ways, Europe seems to be in a crises at the moment. Economic problems of some EU states, most importantly Greece have been constantly in the news over the past few years and no end is in side. The… Continue Reading →

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