Recent Posts

What exactly is bitcoin good for? A theory

What is bitcoin good for? This may be a question you’ve asked yourself, looking at the recent run-up in prices. Why, exactly, would you want to pay $18,000 and change to get your hands on one? I myself have been asking that question. Is bitcoin in a bubble? Or do all those folks who are eagerly snapping it up know ...

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Japan’s bounce is a parable of these economic times

In a year of economic surprises, mostly good ones, Japan is right up there. The decades since the country’s asset bubble burst in the early 1990s have seen many false dawns, so no one was rushing to call this a new day. But it’s time. A fair number of economists are now forecasting that the Bank of Japan will begin ...

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European ruling buries Uber’s platform myth

The European Court of Justice has ruled, without the possibility of appeal, that Uber is a taxi company, not a software one. This is the official beginning of the end of the tech industry’s deceitful attempt to present its innovation as something outside previous human experience and therefore outside the scope of previous regulation. The ruling ends a legal battle ...

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