A recent report from the International Monetary Fund (IMF) and the Financial Stability Board (FSB) discusses the potential economic and financial risks posed by cryptocurrencies. The report provides “comprehensive guidance…
Category:
Economy
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When will we stop electing political candidates from the ivory tower? After nearly 15 months with an academic president in office, the Colombian people are realizing that putting a revolutionary…
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A friend of mine who is a Ghostbusters fanatic — the song was performed on his wedding day — once observed an overlooked theme in the 1980s classic. “It’s a…
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More years ago than I like to admit, I began my doctoral studies in the UCLA Economics Department. Looking back on what is now almost a half-century, I remain grateful…
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Since October 7th, 2023, we have seen that ideas have consequences in the real world. Phillip Magness is an economic historian who specializes in the economic dimensions of slavery and…
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Emoting is easier than thinking dispassionately. Emoting comes naturally; It requires no effort and it feels good. Thinking dispassionately requires conscious effort, and while it offers its own satisfactions, its…
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Memphis’s current police scandal ranks at or near the top in terms of severity compared to others in over the last three years. In January 2023, city prosecutors indicted five…
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A recent issue of The Economist contained a deep irony. The newspaper’s “Finance & Economics” section featured an article on the US economy. After expressing happy surprise that the US…
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The US economy grew at a remarkable annualized rate of 4.9 percent this quarter, the Bureau of Economic Analysis reports. This was significantly faster than most analysts expected. Strong growth…
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America, apparently, suffers from a new epidemic. US Surgeon General Vivek Murthy called the impact of loneliness and isolation “devastating.” His 83-page report accompanying the advisory defines loneliness as “a…