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blog post in No Food for Thought "Cryptocurrency": the pseudo-currency which no one understood or accepted, but which many bought On the cover of the May issue of Canadian magazine L'Actualité , I read "LE BITCOIN POUR LES NULS" ("Bitcoin for Dummies"). One of my first reactions was "true". In fact, it announced [https://lac
blog post in No Food for Thought "Pilot Error" {LANG(notlang="fr")}The crash of Lion Air Flight 610 and the resulting 189 deaths raised quite a few questions. Understandably, a lot of suspicion w
blog post in No Food for Thought And you call that educated? The USA's overestimated education ROI I grew up strongly rooted in the economy. My father was a merchant, I worked in his store, and I knew his employees earned 6 CAD per hour. For me, this minimum wage was generous. A few years later, I
blog post in No Food for Thought Bitcoin is Not Going To Zero, and more on blockchains ×   Retracted I retracted some of the following in a 2022 post . Apologies When a decade of geek madness about "cryptocurrencies" culminate
blog post in No Food for Thought Crhypeto propelling Malaysia and Argentina towards gold medals, squeezing every last bit out of Earth Today's greatest challenges Preserving our non-renewable natural resources from being wasted The climate crisis (and a few more) What we can do Minimizing negative externalities
blog post in No Food for Thought Free Speech, Freedom to Exploit the Poor Democratic societies value free speech. But how much free speech is valued varies in each society. The USA is probably the greatest champion of free speech, to the point where it no longer has
blog post in No Food for Thought Green or Grey: Subsidies for Cryptocurrencies? For as long as I have been adult, I have been part of a kind which was not common, at least at the time: an ecologist opposed to subsidies for green technologies. I have always believed in the ((wp:po
blog post in No Food for Thought Happy 20th anniversary, €? Oh, and mea culpa 2022 marks the twentieth anniversary of the Euro becoming tangible . 20 years ago, we could have hoped a lot from that experiment. Greater European unity, more countries adop
blog post in No Food for Thought Le vrai défi Hilo : dépasser les incitatifs pervers Les effets pervers sont innombrables. Il est ainsi bien connu que l'utilisation d'antibiotiques en agriculture rend l'humain beaucoup plus vulnérable aux bactéries en raison de
blog post in No Food for Thought New Religion Most religions appeared during history, but not recently. We do have accounts of how that happened, like the Bible, but it's not so clear who wrote what when, nor what exactly was written before time
blog post in No Food for Thought No Monopoly on Stupid Lawmaking × 2022 Update: Facebook was actually ordered to divest Giphy. You may know [https://en.wiki
blog post in No Food for Thought Preventing Corporate Success Lack of supply is a problem Western states take very seriously. A lot more than the weight of excessive regulation. So when a market is lacking suppliers and failing to satisfy consumer expectation
blog post in No Food for Thought The European Union's Interference Equation: Inaction + competition = over-reaction In 1996, yearly worldwide PC sales went beyond 70 million units. It was obvious that personal computers would become ubiquitous and that the world would crucially need operating systems and commodity
blog post in No Food for Thought The Neverending Movie of Unintended Consequences Competition matters . When antitrust law appeared, its target was—well—trusts. At least theoretically, capitalism couldn't prevent the appearance of monopolies. Anti
blog post in No Food for Thought What happens when an alternative currency becomes legal tender? Some people think of "alternative currencies" as wonderful solutions to economic problems. But obviously, no currency can have any significant impact without becoming legal tender. So what would ha

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