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  • MIT Sloan Experts Blog

    MIT Sloan Experts Blog - Climate Change

    How millions of people can help solve climate change — Thomas W. Malone, Robert Laubacher and Laur Fisher

    April 14, 2014 – 9:53 am

    From From PBS NOVA Next

    If there ever was a problem that’s hard to solve, it’s climate change. It’s a complex challenge requiring more expertise than any one person can possess—in-depth knowledge of the physics of the upper atmosphere, a firm grasp on the economics of technological innovation, and a thorough understanding of the psychology of human behavior change. What’s more, top-down approaches that have been tried for decades—like efforts to pass national legislation and to negotiate international agreements—while important, haven’t yet produced the kind of change scientists say is needed to avert climate change’s potential consequences.

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  • Featured Blogs

    Finance Matter

    MIT Sloan Finance Blog: Is Bitcoin a viable currency?


    The media and blogosphere have been full of Bitcoin discussions recently and almost everyone has an opinion, but most of these opinions are tied to the technology of Bitcoin, that is, whether this new currency represents a major technological revolution in money. So, most commentary has focused on questions about Bitcoin’s technological advantages: Is it really secure? Is it truly anonymous? Can it be counterfeited? Are transaction costs actually lower? Here, here and here are a few of examples and they contain comments like “Bitcoin is the first practical solution to a longstanding problem in computer science called the Byzantine Generals Problem.” That is, they focus on the technology of Bitcoin. what of the finance and economics of Bitcoin? Does it have the economic properties to be a viable currency? I don’t think so. Read more>>

    Posted by Jonathan Parker on 04/09/14

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