Daily Archives: December 2, 2015

How Money Disappears in a Fractional-Reserve Money System by Frank Shostak

‘Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the time … Continue reading

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Pater Tenebrarum on Austrian Business Cycle Theory in Action

In an article titled “Season’s Beatings” Tenebrarum provides evidence that we may be in the final stage of the boom phase of the boom-bust business cycle. ‘Boom and Bust If we think about crude oil, this is a sector that has … Continue reading

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From Quanta Magazine: The Information Theory of Life

‘There are few bigger — or harder — questions to tackle in science than the question of how life arose. We weren’t around when it happened, of course, and apart from the fact that life exists, there’s no evidence to … Continue reading

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From Quanta Magazine: ‘Outsiders’ Crack 50-Year-Old Math Problem

‘In 2008, Daniel Spielman told his Yale University colleague Gil Kalai about a computer science problem he was working on, concerning how to “sparsify” a network so that it has fewer connections between nodes but still preserves the essential features … Continue reading

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