Professor Scott Sumner of Bentley University delivered the Adam Smith Institute’s annual Adam Smith Lecture on Tuesday, June 17th 2014. He called for inflation targeting to be scrapped and replaced with a mandate for the Bank of England to target total spending instead.
Scott B. Sumner is an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation. He has been hailed as the "blogger who saved the economy".
Web programmer John Siracusa joins the Automators to share his thoughts on automation workflows, the best programming language for automation, and how automating your Mac desktop can become a road to madness.
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This "Let’s Settle This" debate (hosted by Versus by KIO Networks) between a16z crypto general partner Katie Haun and Nobel Prize-winning economist Paul Krugman took place in front of bankers, business leaders, and other audience members based primarily in Mexico, in September 2018.
The two — in conversation with business journalist Rodrigo Pacheco — cover everything from the question of "intrinsic value" to the problem of volatility to issues in scaling, consensus, and more.
You can also see Katie Haun’s case for crypto, and Paul Krugman’s case against crypto, in the playlist.
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What problem does it solve?" That’s the heart of Nobel-prize winning economist Paul Krugman’s skepticism around cryptocurrencies — noting that while he may not understand technology, he does understand monetary economics! — shared as part of a "Let’s Settle This" debate (hosted by Versus by KIO Networks in Mexico City) between him and a16z crypto general partner Katie Kaun in September 2018. [You can see her case for crypto here, and their ensuing debate here.]
Money, Krugman argues, is "a lubricant" that facilitates transactions, so the entire history of money has been about making it as invisible and frictionless and moving it into the background as much as possible — moving from metallic money to paper money to fiat money to forms of payments not requiring physical currency (credit cards, mobile, etc.). So why recreate all the disadvantages of metallic money (e.g., using resources like computing power and energy, much like we once did with gold mining) in digital form with bitcoin? "From the point of view of monetary economists", shares Krugman, "we’re setting the clock back 300 years."
He points out the important role of middlemen — "enduring institutions" like banks and governments — in providing reputation ("reputation is a technology"!), and th…
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Steven Crowder takes the streets once again to have real conversations with real people on hot button issues. In this edition, Steven dispels the myth of ‘Rape Culture’ #Change My Mind.
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Check out more of my videos!
UNDERCOVER IN ANTIFA: Their Tactics and Media Support Exposed! https://www.youtube.com/watch?v=RmNz2jGzsDA
REAL CONVERSATIONS: I’m Pro-Gun | Change My Mind https://www.youtube.com/watch?v=APC2jnOSfhQ
Social Justice Warriors Get Owned In Epic Rant By Comedian (Crowder) https://www.youtube.com/watch?v=oss7KmiHLmA
HIDDEN CAM: "Gun Show Loophole" Exposed! https://www.youtube.com/watch?v=UEihkjKNhN8
Crowder Crashes a Feminist Film Festival in Underwear! https://www.youtube.com/watch?v=aWJT0egzAy0
FAIL: Eminem Rips Donald Trump on BET (PARODY) https://www.youtube.com/watch?v=NrdT1rEO54c
Pop culture and politics from the most politically incorrect comedy channel on the web. Hippies and Muslims hate me!
Apple and Steve is showing of their new iPhone 3G who has 3G compatibility and as well the fantastic appstore.
President Barack Obama delivers the seventh and final State of the Union Address from the Capitol Building, January 12th, 2015.
Lehmann has garnered a global audience, is centre stage in the culture war and has tapped a powerful network with her online magazine’. - The Australian’s Deirdre Macken on Claire Lehmann’s start-up publication, Quillette.
Join Quillette editor-in-chief Claire Lehmann and CIS senior research fellow Dr Jeremy Sammut for a discussion on identity politics, on universities and on their role in fuelling identity politics.
In this special CIS event, Claire will open the evening with a talk drawing on the works of Scott Alexander, developer of the Conflict vs Mistake explanatory model of politics, and of Bradley Campbell and Jason Manning, authors of The Rise of Victimhood Culture, pinpointing how conflict theory is taught in our universities. Then she will explore the dominance of critical theory in humanities departments across the world, and the corrosive impact that these have on the political sphere.
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