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This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.

The post American Manufacturing Has A Private Equity Problem appeared on BitcoinEthereumNews.com. Private equity would seem to be a natural fit for SME manufacturers’ increasing needs for growth and buyout capital. But there’s a problem. getty Baby Boom owners of small- and medium-sized enterprise manufacturing companies, which comprise about 98% of American industry, are reaching retirement age in droves, with Generation X not far behind. Those without relatives or partners to take over the businesses need to find buyers so they can exit. Private equity investors would seem to be the natural answer. Unfortunately, there exists a critical distrust of PE among industrial owners. Matt Guse is president of MRS Machining in Augusta, Wisconsin, a family-owned machine shop established by his dad in 1986. Author of the new book MRS Machining: A Manufacturing Story, Guse published an article on LinkedIn last week giving one reason for that great level of distrust among owners looking to sell. There’s a gap right now in manufacturing that mostly gets swept under the rug—a real disconnect between buyers and sellers that goes way deeper than price. Almost every week, I hear from private equity firms or buyers circling manufacturing businesses, coming in with their own playbooks. But let’s be honest: most buyers still approach business owners like they’re handing them a favor, tossing out the same tired 2x–4x multiples, assuming owners are desperate to cash out. That attitude misses the point entirely. Manufacturing business owners aren’t just selling off machines and real estate. They’re putting decades of hard work, community, and identity on the line. These are their legacies, not just another transaction to check off a spreadsheet. Treating these deals as cold, purely financial moves ignores everything that actually makes these businesses valuable in the first place. There’s a much deeper level of distrust that dates back about as long as MRS Machining has been…

The post Crypto News: Kadena Price Crashes 60% As Protocol Sunsets Operation appeared on BitcoinEthereumNews.com. In latest crypto news, Kadena (KDA) has dropped more than 60% after the company behind the blockchain said it is shutting down. The announcement on October 22, 2025, said all business activities will stop at once. The news has shaken investors and sparked plans for a global class action lawsuit. Kadena Shuts Down Its Business Operations Kadena, a blockchain project founded by former JPMorgan engineers Stuart Popejoy and Will Martino, has announced that it will no longer continue business operations. According to the update, the company said it is closing all activities and will stop maintaining or promoting the Kadena blockchain. In a public post on X, the company said that market conditions made it impossible to keep running. The team confirmed that all staff have been informed of the shutdown, and only a small group will stay on to manage the transition. Kadena also said that the blockchain itself will continue because it is decentralized. This means that independent miners, not the company, operate the network. Kadena Sunset Announcement | Source: Kadena The company plans to release a new software update soon to make sure the blockchain keeps running without its support. The statement added that over 566 million KDA tokens are still set aside for mining rewards that will last until the year 2139. Around 83.7 million KDA will also come out of lockup by November 2029. The team said it will work with the Kadena community to help move control of the network to community members. The firm appreciates its employees, users, and partners for supporting the project over the years. The company also mentioned that they hope the blockchain will continue under community management. Crypto News: KDA Price Crashes After the News Meanwhile, the price of Kadena’s token, KDA, dropped sharply after the shutdown was announced.…