Quantum computers evolved from theoretical concepts in the 1980s to experimental realisations in the 2000s and are now in the early stages of practical application. Although many technical challenges remain, the field is advancing rapidly towards practical, large-scale quantum computing. Significant breakthroughs are expected in the coming years. Quantum computers offer great opportunities to solve…
On Cryptocurrencies, Blockchain, and CBDC
https://cvj.ch/en/hot-topics/minds/thomas-moser-on-cryptocurrencies-blockchain-and-the-snbs-cbdc-efforts/ Interview with Crypto Valley Journal, April 27, 2023 CVJ: Digitalization is shaping the most diverse parts of our society. For a good decade now, the digitalization of currencies has also been coming to the fore. What changes is the Swiss National Bank observing in this transition phase? Thomas Moser: Digitalization is already well advanced in…
Economics Curriculum Dr. Suess Style
Oh, the things you’ll learn in an Economics class, Where the concepts are deep, but the lessons will last! There’s micro and macro, and so much to know, You’ll see the world in a whole new glow! First up is micro, the study of supply, And the way that demand can make prices fly high….
Jazz is dead; Long live the music
I just returned from the Festival da Jazz, the three-week Jazz Festival in St. Moritz, where I attended 4 concerts, all in the Dracula Club. The thing about the Dracula Club is that it’s way too small for the number of people they let in (I don’t know how they get away with it), which…
Is Economics a Science?
On October 11, the Royal Swedish Academy of Sciences will award the 53rd Nobel Prize in Economic Sciences, or, as it is correctly called, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, since it is not one of the prizes originally endowed by Alfred Nobel but by the Swedish Central Bank….
Conspiracy Against the Public
Adam Smith is often regarded as the “father” of economics, given that his “An Inquiry into the Nature and Causes of the Wealth of Nations” of 1776 is the fundamental cornerstone of classical economics. Non-economists sometimes belief that economics favours or defends business interests, but this is not the case. Economics defends the public interest,…
The Swiss Contribution to Rock’n’Roll
In the movie “The Third Man” Harry Lime, the character played by Orson Welles, famously says: “In Italy for thirty years under the Borgias, they had warfare, terror, murder, and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance. In Switzerland, they had brotherly love, they had five hundred years of democracy and…
Algorithms and Polarization
Wether it was Ronald Reagan (Pruitt 2018) or Bruce Springsteen and the E Street Band (Kirschbaum 2016) who ended the cold war, for those who were not around in the 1980s it is difficult to imagine the optimism that prevailed after the fall of the Berlin Wall on November 9, 1989, and the (mostly) peaceful…
Yeah, Well, That’s Just, Like, Your Opinion, Man
Welcome to the Dudes Blog! We are delighted that you stopped by. We must warn you though: we have no idea yet what we will be writing here on this blog, nor what our intention is. But Miles is into history, Evan is into politics, and Thomas is into economics and crypto. We are all…