With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.
I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - one, in providing public goods, whether it's education, health care, or other things, and two, supervising countercyclical policy - stimulus, whether it's monetary, fiscal, or otherwise.
I know something about trade agreements. I was proud to help President Clinton pass the North American Free Trade Agreement in 1993 and create what is still the world's largest free-trade area, linking 426 million people and more than $12 trillion of goods and services.
I know I'm not some matinee idol, but I think we're sold this bill of goods by the media, which says that only the most beautiful and dashing people can become movie stars. So when someone like me sneaks in, they have to redo the calculations.
To guard and to deal with others' goods as one's own is considered as the mark of proper trade among merchants.
If you ask what you are going to do about global warming, the only rational answer is to change the way in which we do transportation, energy production, agriculture and a good deal of manufacturing. The problem originates in human activity in the form of the production of goods.
It's not unusual for a luxury company to be born from a single product and then diversify. Louis Vuitton began with luggage, and Gucci with leather goods.
Would you rather have cheap, subsidized - illegally subsidized - goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more - not much - a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.
All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.
The forces that are in play on climate change essentially revolve around the generation of power, the transportation of goods and services and people, and the sorts of materials that we use to fuel the whole of our civilisation.
Detroit is really a model for how wealthier and whiter Americans escape the costs of public goods they'd otherwise share with poorer and darker Americans.
He that offereth sacrifice of the goods of the poor is as one that sacrificeth the son in the presence of his father.
