Category: economics

A True Prisoner’s Dilemma

Banks are no strangers to controversy – we only get a glimpse of their colossal levels of errors of judgement during times like the great financial crash of 2008. Most big banks have a mandate (without your consent) to use funds deposited to trade and participate in complex and highly risky investments like stocks, currencies,

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Digital Fundraising

Altcoins

The latest abbreviation in finance and crypto-world is ‘ICO’. A word that gives both local and global financial authorities like the U.S. Securities and Exchange Commission (SEC) nightmares for several reasons. Not to be confused with Initial Public Offering (IPO) which is used by firms to raise cash through the issuing of shares to the

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Vocations of the Future

AI

There is a lot of banter, which is backed up by well-research papers on how Automation and Robotics (powered by machine-learning systems) will replace jobs in the manufacturing and labour-intensive industries. Blue-collar jobs are not the only ones however, that face imminent and progressive extinction. A recently survey report conducted by the World Economic Forum

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Modern-day Profit Hunters

Crypto Mining

Dealing with Cryptocurrency has its interesting dynamics. There are, however, many hidden facets making it still a mystery to the masses. Not knowing about it makes you prone to, get rich-schemes or outright scams. We are all by now aware of the mania caused by the soaring prices and then, the subsequent decline that followed

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Financing your Small Business

When considering small business financing, it is important to understand all your available options. If not, investors can easily take advantage of you and offer unfair terms. So before raising any money, find out if using equity, debt or convertible debt financing makes the most sense for you to grow your business. Equity Raising capital

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Can’t Get No Satisfaction

In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness” one derives from the consumption of a product or service. For example, there is only so much pizza one can eat before feeling ill from

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