Editor's Pick
China’s Digital Yuan: A Threat to Freedom
Many observers are treating China’s plan for a central bank digital currency (CBDC) as a strictly progressive, technical move that...
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Reifschneider and Wilcox’s Case for a Three Percent Inflation Target
In view of the Fed's failure to achieve two percent inflation for much of the post-2007 period, the suggestion that...
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The End of Bretton Woods, Jacques Rueff, and the “Monetary Sin of the West”
August 15, 2021 marks the 50th anniversary of the day President Richard Nixon “closed the gold window,” ending the postwar...
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Wide World of ESG: Understanding Investor Demand
As we continue to span the globe to bring the constant variety of ESG topics, I’m reminded of my favorite...
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A Primer on Inflation
Everyone is talking about inflation, but what is it? Why does it matter? What causes it? And what can the...
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The Fable of the Cats
The comparison has by now been made so often that it may qualify as a platitude. I mean that between...
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