The bubble of the decade? Cryptocurrencies

In the last twelve months Bitcoin has surged as one of the most known instruments on financial markets worldwide, raising in value from $700 on the dollar in November 2016 to more than $10,000 exactly one year later. Bitcoin is a cryptocurrency, that is, a digital or virtual currency, wholly without a physical presence. A … Continue reading The bubble of the decade? Cryptocurrencies

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How ads can change the online market

It has been called Adpocalipse 2.0, referring to the previous case: big companies are leaving YouTube , not paying anymore for sponsoring their products on the website. The last time this was due to some doubts (then revealed ill funded) that the advertising was giving profits to Isis supporters. Now , it has been discovered that … Continue reading How ads can change the online market

Moral Hazard: a simple explanation

Kenneth Arrow in 1963 published an article about the uncertainty in economics, focusing in its consequences on the medical insurance. This article introduced for the first time in history the concept of moral hazard. A practical explanation of what moral hazard means can be found in the movie "Wall Street: money never sleep", directed by … Continue reading Moral Hazard: a simple explanation

How economics saves you from traffic

The C40 is a gathering of 91 metropolis from all over the world, at the moment directed by Anne Hidalgo. The mayor of C40 have reached, the 23rd of October, an agreement: to transform their cities in greener, healthier and clean energy based territories. In Paris for the annual summit Together4Climate, the mayor of Paris, … Continue reading How economics saves you from traffic

Why we need feminism in economy

After the Weinstein case, it has been brought to the public attention the condition of women in the show business. What about women position in the economic environment? Alice H. Wu is a new graduate at the University of California and will start her doctoral studies at Harvard next year. In her award-winning senior thesis, she … Continue reading Why we need feminism in economy

The Catalan’s independence: who’s wrong and who’s right?

On October 1st the autonomous Spanish region of Catalonia held a referendum on independence, despite fierce opposition from the central government, which said that the vote violated the Constitution. Hundreds of people were injured in clashes with the police during one of the gravest tests of Spain’s democracy since the end of the Francisco Franco's dictatorship … Continue reading The Catalan’s independence: who’s wrong and who’s right?

The cost and the benefit of a rocket

We can all agree that, although the market is a very efficient tool to allocate resources, there are some cases, such as education and wealth, where the government intervention is, if not essential, certainly highly required. But how can the government understand what people want and what people need? How it should invest, and how … Continue reading The cost and the benefit of a rocket