Wild price swings hurt bitcoin’s viability as a currency

Finance experts and economists have argued over the past year that bitcoin’s price swings and immense fluctuations have hurt its own chances of becoming a viable, dependable currency. This is something that economist Milton Friedman was concerned about during the 1970s when the topic … [Read more...]

Former White House Advisor: Long-term unemployment is the biggest issue we face today

This week, economists at Princeton University published a paper entitled "Are the Long-Term Unemployed on the Margins of the Labor Market?" that painted a bleak picture of the United States economy and labor market: only one in 10 of long-term unemployed individuals will find a job … [Read more...]

Nouriel Roubini: Bitcoin is a ‘ponzi scheme’ and ‘lousy’ store of value

One of the most renowned economists in the world, Nouriel Roubini, who is known very well for his bearish standpoint on financial markets across the globe, doesn't seem to be optimistic about bitcoin and the digital currency industry. Using Twitter as his platform to convey his … [Read more...]

Economist

Economist Experts who undertake studies of the society's resources and its relationship to production or output. These may be small local communities, nations or worldwide economies. The findings help design policies pertaining to interest rates, taxation, employment schemes, … [Read more...]