The International Monetary Fund refers to cryptocurrency only once in its 215-page World Economic Outlook for October 2018, but that reference is telling: “Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system.”
Tag: money
Trump’s Middle East Delusions Persist
“There are no perfect solutions.” This is true. Past injustices can never be fully rectified. But “solutions” can be closer to or further from perfection, and we know which Team Trump’s solution will be.
Paring Down Your Life
Our lives are overfull. There’s not a single one of us who is free of that trap, in my experience. We say yes to invitations and commitments, we answer as many emails and messages as we can, we join courses and groups, buy books and take on new hobbies, get involved in new relationships and buy more stuff.
The Conclusion Comes Last
Discovering and doing what you love is analogous to dating. Before getting on bended knee to propose to a beautiful stranger, it might be wiser to flirt first and see where that goes.
The US Makes One Too Many Parties to the Spratly Spat
No fewer than six states — China, Taiwan, Vietnam, the Phillipines, Malaysia, and Brunei — assert territorial claims over all or part of the (largely uninhabited) Spratly archipelago. To which, if any, of those states do the Spratlys “belong?” That’s for them to work out between themselves, through arbitration and mediation or maybe even war. The US government, neither numbering itself among those claimants nor having any plausible basis upon which to do so if it wished to, needs to butt out.
What’s in a Lie?
I believe absolutely nothing that exits people’s mouths just because they want to say it. People don’t say things because it is truthful, people say things because they believe it will benefit them to say it. If you have a good culture where honesty is beneficial, you are more likely to get honesty. A courtroom, a classroom, a senate committee and a poker table aren’t these environments.
What Do Judges Maximize?
Public choice analysts did not develop a standard way of analyzing the actions of judges. For the most part, judges were simply ignored. Of course, if the judges were elected, they could be analyzed in the same way as any other elected officials, but in regard to appointed judges, especially those appointed for life terms, as the justices of the U.S. Supreme Court are, public choice had little to say.
Economic Realities and Government “Jobs”
I know; you’ve got to make money. Food must be bought; bills must be paid. Believe me, I understand. Probably more than most. But there are certain “jobs” I just couldn’t bring myself to do.
No Reverence and No Honor
Well over two hundred years ago, a few people scribbled some ink on some parchment, and pretended that that gave some people the moral right to demand money, under threat of force, from lots of other people (U.S. Constitution, Article I, Section 8, Clause 1).
On Food Delivery
I’ve been delivery food to people through DoorDash and Ubereats for the last three months. Something I’ve noticed is that once in a while a female customer will open their front door and only be wearing a long shirt, or otherwise dressed in an attractive manner.