In a society where we pay bills online, transfer money via the internet, and can buy virtually anything on the web, would you be surprised to know that a currency has been developed that only exists in digital form?
BitCoin is a currency invented not by a government, or a large bank, but by a person or perhaps few people, nobody actually knows exactly who. It has no government backing, no tie to any precious metal and is entirely unregulated. However, on the afternoon of Monday, September 16 the exchange rate for one Bitcoin was more than 126 dollars.
History host Monroe Dodd speaks with Michael Lind about his most recent book, Land of Promise: An Economic History of the United States. They explore the curious history of the United States from its inception to today through the lens of three distinct economic republics. These three periods of American history are distinct in their incredible transformation brought about by technological and subsequent economical changes that also transformed the very way America understands itself.
Find out why the dynamics of private sector are essential to understanding the economy. Plus, we’ll discuss government transparency and accountability. If you're just little rusty on your economic theory and policy, join us at the table for the perfect refresher course.
Fort Leavenworth, Kan. – The Chairman of the Joint Chiefs of Staff brought a message to military students at Fort Leavenworth they would not likely have heard less than a generation ago: that improving the global economy is a stratagem to stave off wars.
Admiral Mike Mullen told the Command and General Staff College one of his largest concerns is how to get economic engines moving so parents in both the U. S. and around the world can raise their children to a higher standard of living.