Blog/Basic Concepts

Creating Market Depth: The First Step in Creating an Economy

Exchange at Amsterdam Some people have difficulty rationalizing selling something they do not yet have. Of course, nobody complains when they buy contracts in the [...]

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Fractional Banking v Matched Funding

Banking has existed from the earliest of times and has taken many forms from safe deposit storage, money changers, merchants with the ability to move money [...]

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26-Year-Old Exposes Fraud of Piketty

A year ago, Thomas Piketty, 43, was the most sought after economist of his generation. With weighty arguments about capitalism’s increasingly unequal income [...]

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