Crowdfunding will provide $65B to boost the 2014 global economy

crowdfunding money

A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest.

Crowdfunding is really big and it’s only going to get a whole lot bigger.  If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)

 

 

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Micro-payments between connected devices could enable a new layer of the economy

micropayments

Many of us now receive payments as well as make payments.

Ross Dawson: Last week I gave a keynote on The Future of Banking to a group of the most senior risk leaders in a major bank, sharing some provocative ideas on how the banking landscape may change in the years to come.

 

 

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The zero marginal cost economy

car sharing

The consumer “sharing economy” gives us a taste of what it’s like to live in a world where we own less.

There’s a tremendous change going on right now in our society. Those of us who enjoy services like Uber and Kickstarter are experiencing it firsthand. The sharing and collaboration practices of the internet are extending to transportation (Uber), hotels (Airbnb), financing (Kickstarter, LendingClub), music services (Spotify) and even software development (Linux, Drupal).

 

 

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Eight facts that explain what’s wrong with health care in America

american-health-care-system

Obamacare is not universal health care.

If the American health care system were to break off from the United States and become its own economy, it would be the fifth-largest in the world. “It would be bigger than the United Kingdom or France and only behind the United States, China, Japan and Germany,” says David Blumenthal, executive director of the non-profit Commonwealth Fund. Here are eight facts that support reality.

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Here are 40 maps that explain the Roman Empire

roman empire

Caesar Augustus died two thousand years ago, on August 19, 14 AD. He was Rome’s first emperor, having won a civil war more than 40 years earlier that transformed the dysfunctional Roman Republic into an empire. Under Augustus and his successors, the empire experienced 200 years of relative peace and prosperity. Here are 40 maps that explain the Roman Empire — its rise and fall, its culture and economy, and how it laid the foundations of the modern world.

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Workers find freedom and uncertainty in the sharing economy

sharing economy

Piecemeal labor has taken on a shinier veneer under new rubrics: the sharing economy, the peer economy, the collaborative economy, the gig economy.

Jennifer Guidry was in the driveway of her rental apartment just after 4 a.m. on a Friday while most of the neighbors in her leafy Boston suburb were still asleep. Her blond hair pulled back in a tidy French braid she was vacuuming the inside of her car.  A Navy veteran and former accountant, Ms. Guidry uses the early time to mitigate the uncertainty of working in what’s known as the sharing economy.

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Abandoned luxury cars become a big problem in Dubai

abandoned car 1

Thousands of luxury cars are being abandoned every year since Dubai’s financial meltdown.

Dubai over the last several years has been facing an unusual problem of high end sports cars being abandoned and left to gather thick layers of dust at airport parking lots and on the roadside across the city. If you’ve ever been to Dubai or anywhere in the United Arab Emirates, you will have noticed they have a serious car culture out there, with a particular preference for the latest and greatest in high-end super cars. (Pics)

 

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