Legal enforcement authorities have shut down two of the biggest criminal marketplaces on the dark web, Alphabay and Hansa, in an operation of unprecedented international scale. But will the Feds be able to keep up once the market evolves, as it surely will, into entirely decentralised form?
There are no interest rates in the cryptocurrency world, and that’s a problem for gauging any sense of fair relative price.
Block.one has managed to raise $200m selling something it says is useless.
The Crypto craze is the stuff of Alex Jones. But we’ll still try and cover it…
Ideas include buying a media outlet and lobbying small nation states.
- Encore episode — Heidi Williams on gene sequencing, patent design, and innovation incentives
- Retail hype vs retail facts
- Michael Mandel on the case for productivity optimism
- Is Ireland an austerity poster child or a “beautiful freak”?
- Richard Ocejo on old jobs in new urban economies
- A chat with Alice Rivlin on her career in economic policymaking
- The life and ideas of Albert O Hirschman (Part 1)
- Jason Furman on economic policymaking
- Tyler Cowen’s stubborn philosophical attachments
- Anne Case on mortality and morbidity in the 21st Century
Tim Harford joins the show this week to talk about his new book, 50 Things that Made the Modern Economy (US, UK), a companion to his delightful podcast series for the BBC World Service. Tim also shares the lessons of past inventions that we often miss, the topic of his recent FT Magazine cover story. Here’s an excerpt:
On macaque copyright law ;Krugman on “formerly true” ideas; Tabarrok suggests a Golden Age of Conservative Intellectuals; Shkreli as pied-piper; data as the monopolists tool; robots chat to each other on stage; ATM traps man/man traps himself inside ATM; humans decide to allow swords to be carried openly once more; Brookings Institution think tanker runs aground off Crimea coast; other stuff.