Malta’s blockchain visions; Woke coke; Davos burnout clinics; plus much more...
Fine, bash GDP. But it’s unclear we have a better measure of prosperity.
There is a broader message in central banks’ differences on greening the economy.
How bond market sensitivities are increasingly critical for banking regulation.
According to Willem Buiter, the central banks of the eurozone member states could go bust. We think he overstates the risk.
A big waste bill; A world without pain; Markets in posthumous possibilities, plus much more...
Words are a better guide than numbers on where the economy is heading.
Introducing a new series focused on the unintended consequences of morally motivated market actions: because the road to hell is often paved with good intentions.
Is there anything abnormal about negative real rates?
Europe’s central bankers want a new target. First they must look at why inflation has been so low for so long.
Conspiring slowly; the truth about journalism careers; tracking your pre-schoolers; plus much more...
Martin Armstrong, the market forecaster and former felon, is waging a war on MMT. But getting the details will cost you.
Old risks might have diminished, but the crash has brought new ones with it.
Tipping Uber drivers; digitising JFK bullets; the 2010s in memes; plus much more...
As inflation languishes, central bankers look for answers in grand bargains.
Vogue christmases; zero privacy; recycling shams and more...
How the Banque du Liban’s obsession with foreign currency reserves destabilised the Lebanese financial system.
Riksbank move back to zero reflects policy concerns, not bullishness on economy.
A more precise definition of this slogan will help show that many of the criticisms against climate action are invalid.
Does anyone really understand the convoluted and labyrinthine nature of the repo market?
Digital currencies, the environment, house prices and Brexit were all in the mix.
They, like others, are still sticking to their targets like glue.
Why nursing shortages exist; McKinsey and the presidential candidate; Eau d’Captain Birdseye; plus much, much more...
A new working paper explores the effects of government spending, via defence R&D, on the private sector.
“Oh my god: the central banks will corner the entire equity market! Unless something (like actual growth) stops them.”
Today in the ‘we knew this half a decade ago’ files.
Germany is nowhere near as exposed as Spain was to a crash in house prices.
Taxing billionaires; Is Elon preparing for state failure?; When Chinese spies defect; plus much, much more...
In some ways, yes. In others, no.
“Inflation charts look as if they’re about to explode.”
