The story of Facebook’s failed effort to launch a global digital currency and payment system is reminiscent of the historic struggle
How Not to Launch a Digital Currency
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Mr. Taper and Punch Bowls
It is clear that taper talk has arrived, and it won’t go away easily. What does this mean for markets?
What We Learned From the Pandemic
As the pandemic recedes in the US, Jackson Hole Economics co-founders Alex Friedman and Larry Hatheway share personal thoughts on what they
Lessons in Humility
It is time for the Fed to normalize its language. If the Fed is to preserve its credibility and promote sounder financial market conditions,
Will Corporate Greed Prolong the Pandemic?
The shortfall in global COVID-19 vaccine production could be closed if manufacturers around the world were granted access to the necessary
Coming to Terms
When it comes to peace, military supremacy, hatred and subjugation can not substitute for mutual recognition, trust and a willingness to compromise.
Mission Creep
A range of countries are now asking their central banks to include risks from climate change in their list of responsibilities. Given how
What Unites Buffett and Powell? They are Both Wrong About Inflation.
Recently, Warren Buffett made headlines by declaring that he is seeing ‘substantial inflation’, while Fed Chairman Powell calls it only
Helping the Other 66%
Addressing within-country inequality may be the political imperative of the moment. But tackling vastly greater cross-country disparities
The Green Art of the Possible
Europe’s experience suggests that decarbonizing the power sector first, while sheltering industry from higher costs, can generate some modest
Can Biden be the Climate Maestro?
Europe, China and now the US – thanks to President Biden – are beginning to coordinate their actions to tackle climate change.
The Silent Defunding of Democracy
A healthy democracy requires a commitment to educating our youth in wide-ranging ways, yet there is now a purge going on of academic departments
Making Small Cool: A Case For Progressive Green Taxes
If we are truly going to ‘build back better,’ a smart start would be to introduce progressive green taxes.
Boomer or Bust?
How should baby boomers invest in a time of bitcoin, NFT’s, meme stocks, SPAC’s and endless other ‘new’ innovations?
The Week Ahead Matters
Over the next five days investors face a veritable tsunami of corporate earnings and economic data releases. The week’s data deluge will
China’s Digital Currency and Monetary Warfare
China’s creation of its new digital currency may be the first shot in a new form of monetary warfare. The CCCP is taking steps to undermine
President Biden, Support a People’s Vaccine
Over the past year, the world witnessed unprecedentedly rapid development of safe and effective COVID-19 vaccines, largely owing to US public
Climb the Mountain
Carbon pricing is an idea whose time has come. It is commendable that Joe Biden has begun to climb the climate mountain, but a shame he is
Earnings, Rotation and Regions
The stage is set for rising global output and corporate earnings for the remainder of 2021. Rotation has arrived in sector terms, and is now
The Circular Economy
Ever wonder how humanity can create a circular economy in which production, distribution, consumption, and reuse of products and materials
The Challenge of Big Tech Finance
In an old parable about banks and regulators, the banks are greyhounds – they run very fast – while the regulators are bloodhounds, slow
How to Get to Mars
If you are curious how NASA gets those amazing rovers to the red planet, watch this extraordinary short film.
It’s Data Time
This week kicks off the first quarter 2021 earnings season in earnest. The bar is high, and the data will soon need to validate embedded expectations,
Ensuring a Stronger and Fairer Global Recovery
Although tough trade-offs are sometimes unavoidable, there is a way for policymakers to maintain a robust global economic recovery in 2021