October 19th, 2023 · by Dr. Vikas Shah MBE DL

  Many of recent history’s most significant market events have manifest in what was (previously) the extreme of the market.  These “bubbles” and “crashes” follow power laws, meaning that (in theory) they could reach any size and fundamentally threaten the functionality of the entire financial system. Typical central-bank and policy…

19-10-2023 12:16:49
Thought Economics

 

October 19th, 2023 · by Dr. Vikas Shah MBE DL

It’s quite conceivable that the grandparents (or even parents) of the future will be  made to feel even more archaic as the young of that generation look at them quizzically and state “…are you serious? You used to use bits of paper as money?!” Money is a cultural abstract.   It…

19-10-2023 12:16:49
Thought Economics