Complexity and time

  • Post category:Finance

We provide experimental evidence that core intertemporal choice anomalies — including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations — are driven by complexity rather than time or risk preferences. First, all anomalies also arise in structurally…

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North Korea Claims 1.4 Million People Just Enlisted To Fight ‘Imperialist’ US

  • Post category:Finance

North Korean state media has been touting new claims of mass enlistments amid "an atmosphere of war" and urgent defense preparedness in response to ongoing joint US-South Korea drills, which are the largest in five years.The state-run Korean Central News Agency (KCNA) initially…

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Too Wrong To Fail

  • Post category:Finance

Authored by Thomas McArdle via The Epoch Times,As the old saw goes, a banker is someone who lends you his umbrella when the sun is shining and then wants it back as soon as the first drops of rain fall.Hostility toward…

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DefiLlama resolves internal strife, sends LLAMA token plans alpaca’n

News launching of a token called "LLAMA" without employee approval or support. In response, the parent company of DefiLlama accused “0xngmi and a few team members” to have “gone rogue” by looking to seize DefiLlama’s intellectual property while “inaccurately claiming the rightful…

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Americans To Bear Burden Of Monetary System’s Gradual Deterioration, Economist Says

  • Post category:Finance

Authored by Petr Svab via The Epoch Times (emphasis ours),Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires progressively more intervention by authorities to perpetuate itself, according to an influential author and…

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First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle

Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to the FDIC. Custodia Bank founder and CEO Caitlin Long reacted.…

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Socialism Isn’t About Creating Economies. It Is About Amassing Political Power

  • Post category:Finance

Authored by Ovidiu Tanjala via The Mises Institute,Ludwig von Mises wrote Socialism: An Economic and Sociological Analysis, a small book published in 1922, which demonstrated that economic calculation in a socialist commonwealth is impossible. Of course, Mises assumed that the purpose of an economy,…

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Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

After FTX imploded, and as fear among market participants mounted about a full-blown insolvency crisis in crypto, lenders raced to recall outstanding loans to mitigate potential losses. With a significant chunk of funds locked up on FTX, Auros faced a sudden…

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Report: Construction industry can halve embodied emissions, but ‘systemic change’ needed

The construction industry has the potential to slash the embodied emissions contained in new building projects in half, but only if the sector embraces sweeping reforms that can drastically improve resource efficiency, encourage the use of more sustainable materials, and establish…

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‘Epidemic of climate anxiety’: Woodland Trust warns nature loss is impacting mental health

"Drastic action" is required to increase the dwindling stock of UK woodlands to help tackle the climate and nature crisis, as well provide increasingly anxious younger generations with access to green spaces which can improve their mental health. That is the…

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Get back on the bus: Government unveils plans to boost UK’s bus sector

Travelling by bus could soon become much easier, cheaper, and cleaner, after the government today launched a series of initiatives to improve bus services across the UK and drive investment in new zero emission fleets. Roads Minister Richard Holden today announced…

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Vertical farmers Harvest London secure investment for third site

Sustainability-led investment manager Foresight has announced it has invested in London-based vertical farming company Harvest London in support of plans to deliver a new 140,000 square foot farming project in South London. Foresight said its investment, which was for an undisclosed…

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Dam good news: Plan unveiled to re-introduce beavers to West London in Amazon-backed rewilding project

Beavers could soon be returning to London waterways after a project proposing their re-introduction to an area in West London was selected for a grant from the Rewild London Fund. The restoration project is one of 22 separate re-wilding initiatives to be…

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“I Couldn’t Remain Silent”: Physician Assistant Fired For Reporting COVID-19 Vaccine Adverse Events To VAERS

  • Post category:Finance

Authored by Matt McGregor via The Epoch Times (emphasis ours),For her efforts to report injuries to the Vaccine Adverse Events Reporting System (VAERS) and to educate others in her hospital system on doing the same, Physician Assistant Deborah Conrad said she…

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Mastercard to settle transactions for stablecoin wallet in APAC

News USDC) stablecoin by converting the digital currency into fiat and settling on Mastercard’s network. The card will be accessible through the Stables digital application via mobile wallets.Source: StablesAccording to Mastercard Australasia’s head of fintech, Kallan Hogan, the company’s collaboration with…

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California Hospital Refuses Transplant Surgery For Unvaccinated Woman With End-Stage Kidney Disease

  • Post category:Finance

Authored by Allan Stein via The Epoch Times (emphasis ours),Even on a good day, Linda Garinger of Ramona, California, thinks about dying.Linda Garinger (L), who has end-stage kidney disease, and her daughter Emily Lewis read the letter from a hospital denying…

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Render Network Eyes Solana Migration Ahead of Network Changes

“The decision whether to continue with Polygon versus moving to Solana sparked a spirited debate between the pros and cons of each, with support for Solana's runtime, developer community, low transaction fees, and speed contrasting Polygon's centralization, reorg tendency, and user…

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Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform

News announced on March 20 that it had added support for assets, including nonfungible tokens (NFTs) and soulbound tokens (SBTs), to its protocol. The MantaPay protocol, which initially supported only fungible crypto assets, promises to now allow for privacy-preservation support for NFTs…

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