Start-ups are making incremental use of blockchain to reduce plastic waste, but the technology’s power to drive real change is yet to be realised.
detailsThere is much to be celebrated in the rise of modern megacities, especially in developing countries.
detailsMarkets are mechanisms of social choice, in which dollars effectively equal votes. those with more purchasing power thus have more influence over market outcomes
detailsAfter years in which the European Council acted as if there were no qualified women to lead the European Central Bank, it has finally abandoned that ludicrous excuse and appointed Christine Lagarde to the position.
detailsIraq plans to diversify its oil exports via new pipelines through Jordan and Syria
detailsAfter centuries of industrialism, we are now on the cusp of a technological revolution that has the potential to abolish all necessary work, giving rise to societies built around leisure and a classical ideal of freedom. The biggest hurdle to realizing su
detailsIf a universal basic income is used primarily to service debt and secure new loans, it cannot fulfill its promise as a revolutionary pathway to freedom from the whip of the market
detailsMany commentators have interpreted buoyant GDP and unemployment data in the United States as vindicating President Donald Trump’s economic policies, and some suggest that his re-election chances have improved as a result...
detailsThe valid insight behind "modern monetary theory" – that governments and central banks together can always create nominal demand
detailsIs Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued
detailsOver the past few years, the US Federal Reserve has been ahead of other major central banks in normalizing monetary policy.
detailsAlthough economists are well positioned to imagine new institutional arrangements, their habit of thinking at the margin and sticking close to the evidence at hand encourages an aversion to radical change...
detailsAt the recent World Economic Forum annual meeting in Davos, participants made the same mistake they always do
detailsOver the course of this year and next, the biggest economic risks will emerge in those areas where investors think recent patterns are unlikely to change
detailsIran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US sanctions that have been imposed on Tehran in order for it to change
detailsNow 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.
detailsGovernments are largely responsible for the borrowing binge, with their debt growing not just nominally...
detailsTurbulent developments in the past few months on the foreign exchange and gold markets in Iran
detailsThe euro may be approaching another crisis. Italy, the eurozones third largest economy, has chosen what can at best be described as a Euroskeptic government
detailsAt 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
detailsCryptocurrencies 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
detailsThere are several factors that have introduced uncertainty into the market, prompting upward pressure on oil prices.
detailsThe cryptocurrency revolution, which started with bitcoin in 2009, claims to be inventing new kinds of money
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