Advancements in technology and automation in the workforce has transformed the labor market and economy; some say for the better, some say for the worse. Since the time of the Industrial Revolution, machine has assisted workers in many ways and has improved the productivity levels of … [Read more...]
Larry Summers former US Treasury Secretary: It’s a serious mistake to write off bitcoin
Larry Summers, former United States Treasury Secretary and economic advisor to President Obama, was candid in his viewpoints regarding the economy, the financial system and bitcoin in an interview with the Wall Street Journal on Wednesday. He began the interview by labeling the … [Read more...]
Larry Summers: Bitcoin has potential ‘to be a very, very important development’
Former United States Treasury Secretary and Federal Reserve Chair candidate Larry Summers sat down with Morning Money during the National Association for Business Economics policy conference and the former Obama administration official was asked about bitcoin. His answer was a … [Read more...]
