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Articles 1 - 3 of 3
Full-Text Articles in Economic Theory
New Kid On The Blockchain: The Rise Of Cryptocurrency In The Global Arena: Humanitarian Usage With Blockchain, Rhonda S. Binda
New Kid On The Blockchain: The Rise Of Cryptocurrency In The Global Arena: Humanitarian Usage With Blockchain, Rhonda S. Binda
Open Educational Resources
In 2018, the world was shaken by the fast rise of Bitcoin and other cryptocurrencies that use a decentralized, blockchain technology for payment transfers outside of the traditional banking system. The potential impact this alternative form of banking could have in the medium and long term on the over 2 billion people globally unbanked is tremendous. Additionally, blockchain itself is being used for value transfer combined with bio and genetic tagging technologies in refugee camps for example, bringing to rise a new era where technology for development is disrupting education, healthcare and security programs globally.
Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman
Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman
Publications and Research
COVID-19 sent shockwaves throughout the economy, changing the amounts of goods and services distributed and altering the demand. This article discusses the negative demand shock and adverse supply shock that the U.S. economy faced in 2020, and the policies that the government implemented to reverse these effects.
The End Of Zero Returns And The Last Dollar: Can New York State Create A Collective Store Of Value, Crowdsource Wealth, And Fund Its Colleges And Universities Using Cryptocurrency?, Edward Lehner
Publications and Research
This brief personal statement, citing the previous work of the Bronx Community College Cryptocurrency Research Laboratory (BCC Lab), advocates for a private New York State Money to fund New York State’s public higher education. Attempting to shed most of the academic language and the formalities of research-driven writing, this short statement frames two distinct arguments. The first contention is that New York State residents need a means by which to store value outside of the traditional banking and financial systems due to massive Federal Reserve printing that is centered primarily on rescuing fledgling Wall Street profits and mitigating reckless businesses …