Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.
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Johns Hopkins' economist says bitcoin has no fundamental value — what does that mean for BTC price?
Johns Hopkins economist Steve Hanke calls Bitcoin “zero fundamental value.” For Hanke, price spikes and crashes reflect ...
Explore the principles of mainstream economics, its origins in neoclassical thought, and criticisms from heterodox theories. Discover how it impacts economic policies.
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