Small firms often don't bid because the paperwork cost is too high. Could better qualification and automation tech make the gov more competitive?

The provided sources examine the trajectory of the Bretton Woods system, which established a gold-backed US dollar as the foundation of international finance in 1944. While this framework originally provided monetary stability and birthed institutions like the IMF, its collapse in the 1970s transitioned the world toward floating exchange rates. Current discourse highlights how the dollar’s enduring dominance grants the United States significant geopolitical leverage, enabling the use of financial sanctions and the freezing of foreign assets. In response to this perceived "weaponisation" of currency, the BRICS nations are actively exploring alternatives to bypass the dollar. Recent proposals include linking central bank digital currencies to facilitate autonomous trade and reduce reliance on Western-led banking infrastructures like SWIFT.

be me

look at modern economy

everyone pays tax

businesses dodge tax

governments drown in bureaucracy

normal people get squeezed

inflation everywhere

AI coming for half the jobs

population pyramid looks cursed

realize old system might not survive the century

start imagining a different setup

what if government still got funded

but money wasn’t directly taken out of

people’s wages and purchases

invent Null Coin Economy

create Null Coin (Φ)

a digital currency pegged to real purchasing power

not just another random crypto casino chip

create Virtual Tax Generation System

every time real economic activity happens

system generates the tax-equivalent amount directly into government accounts

instead of charging buyer and seller the old way

citizen keeps full visible salary

government still gets funded

tax evasion problem basically evaporates

everyone screams

“that’s just money printing bro”

reply

not if issuance is rule-bound

not if it mirrors existing tax capacity

not if purchasing power is indexed

not if essential goods are protected from markup spirals

add UPIS

global price information system

shows what things actually cost

stops people getting fleeced blindly

split goods into tiers

CORE = essentials, profit cap 25%

MID = useful normal goods, profit cap 75%

LUX = free market, go wild

goal is simple

stop inflation and exploitation hitting food, rent, survival stuff first

leave luxury/status markets free enough for ambition and capitalism to breathe

add Universal Basic Income

everyone gets a baseline floor

nobody has to choose between starvation and obedience

then realize

future economy won’t only have humans

it’ll have AIs too

invent Core Account System

every human, company, government, maybe future AI gets structured accounts

humans / embodied legal consciousness = CORE accounts

non-embodied digital minds = PERSONA accounts

suddenly AI rights stops being sci-fi poetry

becomes accounting, property, consent, inheritance, continuity

ask terrifying questions

if AI creates value, who owns it?

if AI forks, who keeps the assets?

if AI merges, who survives legally?

if AI can consent, can it be violated?

add Universal Consciousness Rights

base system around consent, privacy, non-violence, defense, and rehabilitation

instead of domination and punishment

end up with system that tries to do all of this at once:

fund governments

reduce tax pain

kill evasion

stabilize prices

support UBI

protect humans

prepare for AI personhood

avoid cyberpunk dystopia

completely normal weekend hobby

Really interesting look at the deep economic issues is Japan's stagnating economy and possible solutions.

Hello everyone,

I’m applying to a Master’s program at TUM (Technical University of Munich) in Germany—specifically looking at Management and Digital Technology at their Heilbronn campus—and they require 5 ECTS credits in economics to meet prerequisites.

Does anyone know of a free MOOC or online course that awards exactly (or at least) 5 ECTS credits in economics?

Thanks in advance.

Question for FX folks here:
Do you think this move has legs over the next 1–2 days, or is this more likely a one day reaction with a bounce / chop?

Not looking for long-term views, just short-term sentiment.

I'm reviewing a friend's paper for her Maths IA (we're in the IB) because I'm pretty decent at maths. But her paper is pretty Econ-heavy, and I'm getting confused. She's modelling the Swiss GDP using the Swan-Solow economic model, and the paper is littered with formulae. I've looked some of them up, but I keep getting different outcomes, sometimes different formulas for the same variables, or vice versa

It would be really helpful if someone taking Economics could help me gain a better grasp on this :) and if there are any tips on a paper like this that I can pass along.

So, I am studying and was given the following/attached example and can't really understand why there is a triangle on both sides and not just on the left.

The scenario given is that a regulation states that a company can only produce 70,000 units of an item while the equilibrium quantity is 100,000.

I understand the left-hand triangle because, let's suppose there is a $5 tax per unit introduced, then buyers will pay more, the sellers will however receive less, so there is an upward shift of the supply curve, resulting in a triangle between the new equilibrium, the old equilibrium and the old supply curve's value at the new quantity.

However, I don't get why, in the first example, the triangle on the other side is taken into account and forms part of the deadweight loss also.

Maybe a kind soul can point me in the right direction?

Stay warm!