In a statement on Friday, 13 January, Bank Indonesia affirms that virtual currencies, including Bitcoin, are not recognized as legitimate instrument of payment, therefore not allowed to be used for payment in Indonesia. (more…)
*Consumers have access to more than one advertising medium today*
Not allowed to advertise your booze or smokes on a billboard? That’s okay. Research shows online advertising works especially well in places with government ad bans.
“If you want to regulate the offline world, you have to remember that people have access online too and you have to think about how that online world is going to mitigate the effects of your regulation,” said Avi Goldfarb, a marketing professor at the University of Toronto’s Rotman School of Management who co-wrote a study on the topic with Catherine Tucker of MIT’s Sloan School of Management. (more…)
Nowhere celebrates its criminals like America. In books and on film, in fact and in fiction criminals sell.
The way people break the law has shaped American national identity just as clearly as any war according to research by University of Exeter historian, Dr Kristofer Allerfeldt.
His new book ‘Crime and the Rise of Modern America’ examines how crime and America are intertwined, defining each other. The research suggests that crime performs a role central to our understanding of America’s economic growth and its emergence as a super power. (more…)
