No, it's not automation. [ In an effort to revive increasingly stagnant economies, governments have spent almost half a century imposing punishing austerity on their populations, underfunding schools, hospitals, public transportation _...Read More_

In my opinion any serious discussion of economics in the era of blockchain networks needs to face the facts of non-equilibrium dynamics and non-ergodic stochastic processes. Here is a primer on economic theory under more realistic _...Read More_