The secretive industry is notoriously hard to track, but an economics-based model could help researchers and policymakers estimate just how much electricity the cryptocurrency requires.
Public transportation passes are one of the most common forms of non-bank money that we interact with on a daily basis, but it’s easy—perhaps too easy—not to think of them as such, until something goes wrong.
Changing monetary policy in China reminds us that all national currencies are little more than constructions, open to manipulation and wild fluctuation.