After watching it survive Chinese legislation that attempted to ban the use of virtual currencies, we’re much closer to positive that Bitcoin is here to stay for good.
The good news: researchers have found a way to make people save money. The bad news: it requires a complete rewiring of how human beings perceive their existence.
The primary goal of money is to connect disparate individuals and groups, giving them a universal medium of exchange in the form of an object or symbol that all parties value.
Thanks to decades of stagnant wages and the Great Recession, more than half of American working-class households are at risk of being unable to sustain their standard of living past retirement. Duncan Black is trying to change that.
A new professional class of movers and shakers—people who serve overlapping roles in government, business, and media with smiling finesse—is controlling the flow of power and money in America. The anthropologist Janine Wedel is bent on making us understand just how dangerous this new normal can be.