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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
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Non-Fiction
How did we come by the βleading indicatorsβ 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? βThe leading indicatorsβ 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 countryβs 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 We have unparalleled power to find the information we need, but only if we let go of the outdated indicators that lead and mislead us.
 Media BuzzPBS News Hour - February 28, 2014
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