How to fight deflation
It is said that money value results from the quantity of money that are chasing the products. It is actually the opposite: money value depends on the rate of products chasing money. It sounds similar,...
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Unequal inflation
It's common knowledge that if you print more money, you will produce inflation. However, things are more complex than that. You can have both inflation and deflation in the same time. More often, we h...
The Capitalism theory
We have many anecdotal evidences that economical capitalism creates more welfare than economical communism. However, we lack a clear model to explain what is necessary for the capitalism to work and w...
On jobs and welfare
We often hear the expression "this creates jobs". But job creation cannot be good in itself. The state could create well payed jobs for everyone for doing nothing. Even with jobs, if nobody produces f...
Black Friday theory
Better reads:Data Consistency in Distributed System - CAP, PACELCMorality series - a heptalogyThis blog is mainly focused on my Philosophical and theoretical ideas.From time to time I have practical p...
The Economy theory - goods and money
Welfare Welfare = produced goods + redistribution curve At the basic level, welfare in society is just a matter of produced good (including services) and the redistribution curve. Money is not welfare...
Why Bitcoin will fail
This is not about a specific flaw in Bitcoin, however Bitcoin is a preeminent exponent of the crypto-currency galaxy. Any cryptocurrency that don't have a sufficient loan base have these problems. Bit...
On layoffs
There is a certain economical logic in companies going bankrupt or being forced to do layoffs. When a company does not provide enough value anymore to society, it should release some of the resources...
"Cutting edge" might cut you up
We love "cutting edge" technology. We need to have the latest gadget, we need to use this new trendy framework, we need to use the latest update of our favorite software. Newer should be better, right...
Debt gives value to money
What gives value to money? There was a time when money was pure gold. Later, money was a certificate that you own a quantity of gold in bank (banknotes). Now the money are just quality paper, without...