The Internet economy sometimes seems to work in an inverse way to the rest of the world. Google announced that it would spend $1.65 million on acquiring a one-year-old loss making company and its stock price goes up. Perhaps, to use the dot com-boom phrase – “we just don’t get it”. Google announced yesterday...
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With confirmation of the underground nuclear test yesterday by the Democratic Peoples Republic of Korea (DPRK) drawing the ire of world leaders across the spectrum, there appears to be little that can be done other than a full scale assault on facilities or so called ‘regime change’. With neither option favoured by the DPRK’s...
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The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold; with all currency issuance is to one degree or another regulated by the gold supply.In modern mainstream economic thought, a gold standard is considered undesirable because it is associated with the collapse of...
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