by Johannes Bhakdi
June 19, 2010
I am sure you have heard about the Web 2.0, and recently the term Web 3.0 has popped up all over the place.
But since the web and its evolution is a difficult to predict process open to discussion by millions of people, it’s hard to find an explanatory approach that provides a clear picture over [...]
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by Johannes Bhakdi
June 19, 2010
Markets are rational, and the best way to solve all problems. They consists of so called market players who constantly create transparency, compare prices, and make things more efficient.
Ouch.
Forward thinking economists like Justin Fox1 try to convey to main stream economics what every 5th grader could articulate what’s wrong with this hypothesis. Of course, there [...]
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