Cash, Not Control: A Global History of Basic Income
If you pay attention to public policy discussions, you know that people have proposed a Basic Income Guarantee or a Universal Basic Income as one option among many to deal […]
Milei’s Economic Miracle: How Argentina Slashed Inflation to 1.5%
In November 2023, Argentina faced a staggering inflation rate of 211.4 percent and a poverty rate of 41.7 percent, affecting 19.5 million people living below the poverty line. The country […]
Trump’s Handwritten Note to Powell: Lower Rates Abroad, So Why Not Here?
Amid growing calls for the Federal Reserve to begin lowering interest rates, White House officials (and the president himself) have adopted the tactic of pointing to the nominal policy rates […]
But Lagarde, Europe Is a Museum!
“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were former Treasury Secretary Lawrence Summers’ now classic words to investors […]