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Invention – Digital cash for the Internet – How Bitcoins Work
by Marshall Brain | March 23, 2011
Think about the cash that we use today. If I want to, I can give you a one dollar bill. I don’t need to tell anyone I am doing it. It does not need to be recorded anywhere. You don’t have to tell anyone or record it either. You simply slip my one dollar bill [...]
I was at a big Christmas party last week. In attendance was a wide spectrum of people – young and elderly adults, democrats and republicans, religious and non-religious, etc. The topic of the latest round of tax cuts came up, and an amazing thing happened. There was not a single person who could understand how [...]
Two million more Americans fell into the abyss that follows unemployment. Congress did not extend Federal unemployment benefits, so two million more Americans lose their only source of income: Last unemployment check is in the mail About 2 million people are expected to stop receiving checks in December. Though President Obama on Tuesday called on [...]
Last week, depending on how connected you are with economic issues, you may or may not have heard about the Fed’s new initiative called QE2. Even if you did hear about it, it was hard to cut through the noise and figure out exactly what happened. And you may have heard some surprising predictions – [...]
This 60 Minutes segment on the 99ers is so sad, and yet this is reality for millions of Americans today. The video mentions several grim statistics, but this one is the most uncomfortable: The economic jam we are in has topped even the Great Depression in one respect: Never have we had a recession this [...]
In March, the U.S. Department of the Treasury and the White House Council on Women and Girls hosted the Women in Finance Symposium to celebrate women’s accomplishments on Wall Street and discuss how to get more involved in the financial sector. Back then, there was a lot of media coverage questioning whether the male-dominated environment of the finance industry was partially to blame for the recession. For that brief moment in the media cycle, women were portrayed as the common sense solution to saving Wall Street.
The last time I had an office that wasn’t at my house, it was the absolute minimal office. There was a desk, a chair, a waste basket, a phone on the desk and a laptop computer that came and went with me. That was it. And it was perfect. An office can’t get much more minimal than that.
As you can see, the idea of minimalism appeals to me. And it appeals to a lot of other people, to the point where it has a name – 21st-Century minimalism…
Millions of Americans are about to face economic disaster and homelessness as their 99 weeks of unemployment benefits run out…
Whither the economy goes, so goes women’s fashion. At least that’s the thinking behind armchair economic indicators, such as the hemline index. According to that theory, a relationship exists between the popular length of dresses and skirts and the state of the financial markets. Hence, when the bottom dropped out during the Great Depression, the [...]
You’ve probably seen the ads for for-profit trade schools on TV. You train to be a medical assistant, a computer programmer, a car mechanic or whatever, and then you will start raking in the money. Ads like this: This article indicates that much of it may be unfounded hype: In Hard Times, Lured Into Trade [...]
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