The Irony of Bitcoin

2018-04-04T13:09:37+00:00

Dr. Tiemann reviews how Bitcoin, the new “crypto-currency,” works and shows that, while designed to not require the participation of banks or other trusted financial intermediaries, nevertheless, Bitcoin does require a form of verification that can be established by ordinary people, which is not yet available.

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Competition

2018-04-04T13:14:06+00:00

Dr. Tiemann’s note on market competition. He writes: “It’s an attempt to dig a little deeper than the stylized models we study in economics courses, and think a bit about how competition operates in the real economy.”

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