background preloader

Economics

Economics

Aldous Huxley: The Mike Wallace Interview THE MIKE WALLACE INTERVIEWGuest: Aldous Huxley5/18/58 WALLACE: This is Aldous Huxley, a man haunted by a vision of hell on earth. A searing social critic, Mr. Huxley 27 years ago, wrote Brave New World, a novel that predicted that some day the entire world would live under a frightful dictatorship. Today Mr. WALLACE: Good evening, I'm Mike Wallace. He's just finished a series of essays called "Enemies of Freedom," in which he outlines and defines some of the threats to our freedom in the United States; and Mr. HUXLEY: Well, I don't think you can say who in the United States, I don't think there are any sinister persons deliberately trying to rob people of their freedom, but I do think, first of all, that there are a number of impersonal forces which are pushing in the direction of less and less freedom, and I also think that there are a number of technological devices which anybody who wishes to use can use to accelerate this process of going away from freedom, of imposing control.

LRB · Donald MacKenzie · How to Make Money in Microseconds What goes on in stock markets appears quite different when viewed on different timescales. Look at a whole day’s trading, and market participants can usually tell you a plausible story about how the arrival of news has changed traders’ perceptions of the prospects for a company or the entire economy and pushed share prices up or down. Look at trading activity on a scale of milliseconds, however, and things seem quite different. When two American financial economists, Joel Hasbrouck and Gideon Saar, did this a couple of years ago, they found strange periodicities and spasms. Little of this has to do directly with human action. The deals that used to be struck on trading floors now take place via ‘matching engines’, computer systems that process buy and sell orders and execute a trade if they find a buy order and a sell order that match. Human beings can, and still do, send orders from their computers to the matching engines, but this accounts for less than half of all US share trading.

Getting Started with Bitcoin - We Use Coins Getting Started With Bitcoin Step 1 ---> How to get a Bitcoin wallet Setting up your first Bitcoin wallet is simple with several quality mobile apps available. A great path would be (1) a mobile wallet like Airbitz (iPhone, Android), Breadwallet (iPhone) or Mycelium (Android), (2) acquire bitcoins from a friend, as payment for a good or service or buy bitcoins from Circle and then (3) if you decide to store large amounts of bitcoins and want to know they are absolutely safe then use Armory. Best Mobile Bitcoin Wallets iPhone and Android apps are available with popular choices including: Airbitz (Android and iPhone)Breadwallet (iPhone)CoPay (Everything - Awesome mobile HD multi-sig wallet!) Best Bitcoin Software Wallets Bitcoin software wallets are downloaded to your computer, give you more control and do not depend on third-party services. Best Hybrid Bitcoin Wallets Hybrid Bitcoin allow you to both control the private keys and have the easy of use of a web wallet. Best Bitcoin Web Wallets Amazon

Generate Bitcoin - Bitcoin Plus It looks like you don't have Java installed. Please install java at Java.com You must have Java installed to use the bitcoin generator. Step 1: Click "Start Generating"Step 2: Wait while your computer works (leave this page open)Step 3: Earn bitcoin It's that easy. New: The bitcoin miner for websites is available. You are not logged in. Can I use multiple computers to generate bitcoin Absolutely. What does the speed mean? The speed is how many times per second you are trying to generate a payout. Will this slow down my computer? No. Do I need to keep this page open to generate bitcoin? Yes. I generated a payout in 5 minutes but it says it takes 2.5 hours. Payouts are essentially random. Why does the payout change? The bitcoin network adjusts the difficulty of the puzzle approximately every 2 weeks. I'm close to generating a payout, will I lose my progress if I turn off my computer? No.

Comparison of mining pools Reward types & explanation: CPPSRB - Capped Pay Per Share with Recent Backpay. [1] DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. A statistically valid analysis of some pools and their payout methods: Bitcoin network and pool analysis SPV Mining / Old Bitcoin Core The following pools are known or strongly suspected to be mining on top of blocks before fully validating them with Bitcoin Core 0.9.5 or later. BTC Nuggets F2Pool[5] AntPool[5] The following pools are believed to be currently fully validating blocks with Bitcoin Core 0.9.5 or later (0.10.2 or later recommended due to DoS vulnerabilities): References Jump up ↑ Note that pool hashrate is largely irrelevant but can be seen as a popularity measurement. See also

L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - Launch - Solid discussions of this piece on BoingBoing.net, Hacker News, Slashdot and Reddit. Rob Tercek has a follow up to this piece here. by Jason Calacanis and the LAUNCH team A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable. Bitcoin is a P2P currency that could topple governments, destabilize economies and create uncontrollable global bazaars for contraband. I sent the 30 or so producers of my show This Week in Startups out to research the top players, and we did a show on Bitcoin on May 10. After month of research and discovery, we’ve learned the following: 1. What Are Bitcoins? 1. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. The benefits of a currency like this: You can watch a simple video here: Where Do Bitcoins Come From? Who Invented Bitcoins? How Does One Buy and Sell Bitcoin?

Keiser Report — RT Programs Every week Max Keiser looks at all the scandal behind the financial news headlines. Max Keiser and Stacy Herbert discuss Americans as the big globalization losers, though they refuse to admit it because they’ve bought Hot Tips from Losers.... April 26, 2014 11:37 Markets! Finance! Scandal! Every week Max Keiser looks at all the scandal behind the financial news headlines. April 24, 2014 11:30 Every week Max Keiser looks at all the scandal behind the financial news headlines. April 22, 2014 13:30 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss American injustice in the age of the wealth gap and Weev's hedge fund... April 19, 2014 16:15 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the American dream as being chained to the booth in the waffle house as cogs in... April 17, 2014 11:30 Max Keiser and Stacy Herbert discuss how ignorance could, indeed, be bliss for all of us if the ignorant would just STFU. April 15, 2014 13:30

Raising the roof on debt Peter Schiff is one of the few non-biased investment advisors to have correctly called the current bear market before it began. Published time: May 17, 2011 18:38 Today the U.S. government officially borrowed beyond its $14.29 trillion statutory debt limit. And even though the Obama administration has assured us that accounting gimmickry will allow the government to borrow for another few months, the breach has given seeming urgency to Congressional negotiations to raise the debt ceiling. Republicans are making a great show of acting tough by linking their "yes" votes with promises for future budget cuts (that could even slow the rate of debt increases at some uncertain point in the future). But as we go through the process, many novice observers may wonder why we have a debt ceiling at all when our government has never shown the slightest inclination to respect its prior self-imposed limits. Despite the costs associated with the Korean War, the next increase did not come until 1954.

Y)^_°(V) - How to get started using your GPU to mine for Bitcoins on Windows (In a slight departure from my normal content…) Money for only running your computer!? It's more likely than you might think! No referral pyramid scam shit, you can make as much money as you have computing power to devote. ***NOTE: Since the difficulty is very high, unless you have an ASIC mining device and/or a very significant aggregate hash rate (over several TENS OF Ghash/sec or more) you are probably going to spend more on electricity than you can recoup in mined bitcoins, even when mining in a pool! If you have access to free electricity though, then there really is no argument against mining (aside from the *possibility* of shortening the lifespan of your graphics card(s)/mining hardware). This post is aimed mostly at people who are already familiar with Bitcoin (Wikipedia page), and would like to get started using their GPU(s) to mine for bitcoins in a Windows environment. Please make sure you are using the most recent drivers for your particular graphics card. 1. 2. 3. 4. 1. 2.

Related: