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Money
A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade. On this week’s Long Reads Sunday, NLW looks at recent statistics suggesting that, based on a comprehensive set of measures of well-being, U.S. citizens are worse off than they were a decade ago.  One potential explanation...
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Most people would be happy to have World Wide Web creator Sir Tim Berners-Lee’s wealth, which is reportedly somewhere between $10 million and $60 million.  Yet, Berners-Lee’s net worth pales into insignificance against that of Amazon founder Jeff Bezos, who last week became the first person ever to be worth more than $200 billion.  There’s...
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J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and was a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Cryptocurrency is still a new endeavor. People who use it aren’t too surprised when things go wrong. Ethereum Classic has suffered from three 51%...
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Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. The Federal Reserve has just announced a change to its inflation targeting...
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The public purse has taken a hammering under emergency measures put in place to deal with Covid-19. Unsurprisingly, not all the deals that have gone through government have had the best interests of citizens at heart. As expenditure details from the past few months are being released, the Mail & Guardian has raised concerns relating...
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Price Point Bitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days.  The largest cryptocurrency by market capitalization has declined 1.3% this week as the U.S. dollar strengthened in foreign exchange markets. The greenback gained support Wednesday as the Federal Reserve said it wasn’t immediately planning to implement a “yield curve...
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OPINION Lehumo Sejaphala Land reform remains one of the most emotive and contentious subjects in post-apartheid South Africa. After coming into power through a majority vote, the ANC moved swiftly to introduce new land reform legislation that consisted mainly of three dimensions. These are: redistribution – transferring white-owned commercial land to African users; restitution –...
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