tatsuke95

>Whatever Kurgman says, it is good to keep in mind that he is an economist turned partisan-politics hack.

Funny thing,I called MG Seigler a hack, and was attacked. Even PG came out of the word works to say he was "embarrassed" by the comment. Now we are calling Nobel prize winning economists hacks and asses?

The economic illiteracy of this place is what is embarrassing.

>In the mean time most people in Western Europe suffer far less from the economic crisis than most Americans

I was with you until this. Europe is suffering because of their austerity choices. Unemployment reached, like, 25% in Spain, FAR worse than the US. But I agree, "collapse" is ridiculous. Europe will chug along, albeit at a lower rate of growth.

I learned from living through this crisis (my first as an adult) that people over react like crazy in these situations. So much doomspeak, still.

Which is exactly what the hypothesis says. Assume that others are using arbitrage to reduce your opportunities, leaving you with an efficient market.

Free floating has nothing to do with whether or not I can buy Rupees on the open market. If I choose to buy a ton, it could cause problems with their central bank who will have to produce supply in order to maintain the exchange peg.

My point is simply that it's pretty easy buy international currencies on the forex. IMHO easier than buying bit coins.

If nobody is using Foursquare then there is no location data to sell.

>"However, BTC China is still trading at above $275! That's the beauty of bitcoin, it isn't restricted to just one region in the world."

This is a flaw, not a benefit. I want to know what the value of my BTC are. Not what they are here, vs China, vs Canada, vs Australia...

>"Buying and selling an Indian Rupee for example is quite heavily restricted. "

What do you mean, "quite heavily restricted"? It's far harder for me to buy BTC, especially with these ongoing issues, than it is to buy Rupees in my forex account.

>"service designed to help accounting and bookkeeping service providers manage the payroll for multiple companies."

The last time ZenPayroll made the front page, I (and others) were skeptical about the ability to usurp some of the bigger players. Targeting second party payroll providers is a superb idea. In fact, as someone who dabbled in low-key book keeping services to help me pay for school, something like this would have been wonderful. This is how business becomes more efficient. Waiting on Canada...

>"The grants generally come with a lot of reporting and strings attached, and generally require very large investments to be worthwhile. We can get R&D tax concessions"

I have a bit of experience with SRED in Ontario, and quite a bit with the Alberta Foundation for the Arts.

Grants are nicer for you (me), but tax credits are doing it right as far as the government is concerned. Canada wants you to create employment. If you have a business that is generating revenue and creating jobs, they'll "give back" money that equates to, sometimes, paying wages at 50 cents on the dollar.

Tax credits are an economically efficient way to distribute government funds.

It's the merchant's duty to ensure that the person who is charging the purchase owns the credit card, which is why they'll often ask for ID along with the CC.

A stolen CC is useless if no merchant accepts it.

I can only assume the prospects get worse with the movement towards online classes and learning. How many 101 classes can't be taught nearly exclusively online? That will reduce the demand for PhDs and supply of positions further.