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| | Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
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| | Spinning the Industrial Revolution by Jane Humphries (Oxford) and Benjamin Schneider (Cornell) Abstract The prevailing explanation for why the Industrial Revolution occurred first in Britain is Robert Allen's (2009) 'high-wage economy' view, which claims that the high cost of labour relative to capital and fuel incentivized innovation and the adoption of new techniques. This paper...
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| Reuters: US SEC approves bitcoin ETFs in watershed for crypto market WASHINGTON/NEW YORK, Jan 10 (Reuters) - The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, its Chair Gary Gensler said, in a watershed for the world's largest cryptocurrency and the broader crypto industry. The U.S. Securities and Exchange Commission approved 11 applications, including from BlackRock (BLK.N), Ark Investments/21Shares (ABTC.S), Fidelity, Invesco (IVZ.N...