Economics


Work Is Infinite…
By Craig Wright | 25 Nov 2019 | Economics, Law & Regulation, Philosophy

Many in Silicon Valley and others like to promote the false concept of artificial intelligence (AI) and, specifically, how AI [...]

A Fundamental Misunderstanding
By Craig Wright | 05 Nov 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

A few weeks ago, at CC Forum in London, Bobby Lee asked me to review his new product called Ballet. [...]

Bitcoin Fights Corruption
By Craig Wright | 23 Oct 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The battle for Bitcoin is very simple, and it goes right back to the days before I launched it. My [...]

If Gold Turned to Lead
By Craig Wright | 21 Oct 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

“Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again…” Bitcoin [...]

Simplified Payment Verification
By Craig Wright | 09 Oct 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In the Bitcoin white paper, I specified how it is possible to verify payments without running a full network node. [...]

Satoshi’s Vision: The Art of Bitcoin

The book Satoshi’s Vision: The Art of Bitcoin is the product of a compilation of a selected number of Craig’s [...]

Human Rights and Property
By Craig Wright | 03 Sep 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

The most fundamental of human rights is the right to hold property. There are many who would argue the same, [...]

Bitcoin Is Anything BUT Anonymous
By Craig Wright | 01 Sep 2019 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

In section 9 of the Bitcoin white paper, I defined the notion of a new privacy model. In my paper, [...]

The Myth of Anti-Competitive Pricing
By Craig Wright | 30 Aug 2019 | Economics, Law & Regulation

Introduction Posner (1968: 1563–4) upholds the position where diverse markets act outside the whims of individual players. The distinction lies [...]

How Keynes Failed To Comprehend Say’s Law
By Craig Wright | 16 Aug 2019 | Economics, Law & Regulation

John M Keynes tried to make Say’s law into the fundamental issue defining macroeconomics. I believe that economics everywhere up [...]

The Gini Inequality Flaw
By Craig Wright | 12 Aug 2019 | Economics, Law & Regulation

I have the Gini index touted as a constant error in the statements that I make that the US is [...]

Quota
By Craig Wright | 07 Aug 2019 | Economics, Law & Regulation

A quota system is an anathema to free enterprise. The perverse belief that quotas would be economically viable for any [...]

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