ECON-O-MIX

1636, Holland. The most dangerous financial instrument was not a stock, bond or currency but a flower. The demand for tulips had boomed and was so high that they were traded on Amsterdam’s stock exchange. A single bulb could be worth large sums of money or a few acres of land. These flowers had become objects of obsessive desire when they became popular with the wealthy and became a symbol of status. Prices climbed constantly because people thought the passion for tulips woul

This article will explore the idea of attention as a currency- Where attention serves as one, when money fails as one, how attention resolves these problems, and the shortcomings of this model. As defined by the New Palgrave Dictionary of Economics, "A currency is an asset or object that is generally accepted as payment for goods and services or for the settlement of debts. Its acceptance derives from the expectation that others will also accept it in future exchange." Attent

For most of human history, information was scarce. Monks copied manuscripts. Libraries were precious. Gutenberg’s printing press was radical. Moreover, information moved only as fast as a human, horse or ship. Yet, by the turn of the 21st century, society had gone from a lack of information to abundance of it. The advent of broadcast media like television and radio ensured that information was no longer short in supply. However, with the rise of the internet did we find ourse

Investment is one of the most popular methods of increasing passive income. Here are 5 investment tips for youngsters.

A few days ago, I walked into a KFC. They had no chicken. The reason, when I asked, was a shortage of cooking gas. This wasn’t much of a mystery to solve. Cooking gas doesn't just disappear, so something upstream must have gone wrong. Several things, actually. All of which stem from a war in the Persian Gulf. The blockade of the Strait of Hormuz has been making headlines for weeks. Rising fuel prices, rising market panic, rising global tension. All of this is stealing the spo