What you think money is? Money is just an accounting system, a way of recording who owns what, who has what, who owes what to whom. In this system you need a third part that stand and guarantee that the money was real. For thousands of years, that figure was the government. Bitcoin is just … Continue reading Bitcoins: how do they work?
As economists, we are taught some basic knowledge of statistics. As project, we have chosen to analyse the correlation between the views of a Facebook post and the actual views of the corresponding article. We have supposed that they are very closely dependent, because in theory the more people see the Facebook posts, the more people … Continue reading Analysis of the views of EconoUniverse
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
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
The idea of a guaranteed minimum income seems to be too good to be true, but it's happening and it's happening now: Finland is giving 2,000 citizens €560 ($587) a month as part of a very discussed experiment that can revolutionize the way we see the welfare state. The 2-year program participants are chosen between those unemployed citizens who … Continue reading Minimum income guaranteed: the utopia that comes true