More in Global Economy


8 months

Who is Using $1 Trillion in U.S. Currency?

Jeremy Gerst and Daniel J. Wilson of the Federal Reserve Bank of San Francisco have a short essay: ”What’s in Your Wallet? The Future of Cash.” 

8 months

Dollar Strength and Global Currency Debasement

Why are market participants scared of a strong dollar?

8 months

Some Economics of Diapers

I remember family holidays when our children were little, where the first step was to grab a large suitcase and start packing in the diapers.

8 months

US Household Wealth: 1989-2019

Total household wealth is equal to the value of assets, including both financial assets and housing, minus the value of debts.

8 months

Some Economics of Tobacco Regulation

Cigarette smoking in the United States is implicated in about 480,000 deaths each year–about one in five deaths.

8 months

US Unions and Alternative Voices for Labor

In polling data, Americans offer strong support for labor unions.

8 months

Core Inflation Soars, Retail Sales Weaken

For the first time in decades, central banks are tightening their monetary policy while governments continue to spend money as if nothing has changed.

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