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Living On Bitcoin In The Real World
Forbes Original
January 2014
On Sale: January 15, 2014
Featuring: Zachary Karabell
76 pages ISBN: 162921194X EAN: 9781629211947 Kindle: B00hstm7w0 e-Book
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Non-Fiction
How did we come by the “leading indicators” we place such
stock in? We allocate trillions of dollars and make public
policy and personal decisions based upon them, but what do
they really tell us? “The leading indicators” shape our lives intimately, but few
of us know where these numbers come from, what they mean, or
why they rule the world. GDP, inflation, unemployment,
trade, and a host of averages determine whether we feel
optimistic or pessimistic about the country’s future and our
own. They dictate whether businesses hire and invest, or
fire and hunker down, whether governments spend trillions or
try to reduce debt, whether individuals marry, buy a car,
get a mortgage, or look for a job. Zachary Karabell tackles the history and the limitations of
each of our leading indicators. The solution is not to
invent new indicators, but to become less dependent on a few
simple figures and tap into the data revolution. We have
unparalleled power to find the information we need, but only
if we let go of the outdated indicators that lead and
mislead us.
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