The Big Blockchain Lie

2018 Oct 21

Now that cryptocurrencies such as Bitcoin have plummeted from last years absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next.


$250 Trillion in Debt: the World’s Post-Lehman Legacy

2018 Oct 06

Governments are largely responsible for the borrowing binge, with their debt growing not just nominally...


Will Iran's economy collapse?

2018 Jun 30

Turbulent developments in the past few months on the foreign exchange and gold markets in Iran


Can the Euro Be Saved?

2018 Jun 18

The euro may be approaching another crisis. Italy, the eurozones third largest economy, has chosen what can at best be described as a Euroskeptic government


Should Economists Make Moral Judgments?

2018 May 31

At least since the days of John Maynard Keynes, professional economists have not had to worry too much about the moral implications of their technical work


Why Reinvent the Monetary Wheel?

2018 May 25

Cryptocurrencies promise to realize Friedrich Hayek’s dream of a free market in money. But human societies have discovered no better way to keep the value of money roughly constant than by relying on central banks to exercise control over its issue


Petroleum's Rising Price Depends on Supply and Politics

2018 May 24

There are several factors that have introduced uncertainty into the market, prompting upward pressure on oil prices.


The Old Allure of New Money

2018 May 23

The cryptocurrency revolution, which started with bitcoin in 2009, claims to be inventing new kinds of money


Managing the Risks of a Rising Dollar

2018 May 15

Some may view the US dollar’s appreciation as consistent with a longer-term rebalancing of the global economy. But, as Argentina’s recent request for IMF financing starkly demonstrates


Mullahs rig the price of moolah in Iran

2018 Apr 21

Iran looks ascendant in the Middle East, but its regime is messing up its own economy


What is sustainable finance?

2018 Apr 19

Environmental, social and governance issues are now a major factor in investment


An Infrastructure Plan That Would Actually Work

2018 Apr 02

US President Donald Trumps plan to boost infrastructure spending through tax credits has received a cool reception from investors


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