More in Global Economy

12 months

Monetary Tightening: Previous US Episodes

As the Federal Reserve raises US interest rates in an effort to quell inflation, are there any lessons to be learned from similar previous episodes?

12 months

The White-Black Wealth Ratio Since 1870

Wealth represents the accumulation of assets during a lifetime, and thus wealth gap are always larger than income gaps.

12 months

Africa: Are There Too Many Currencies?

It is commonplace to observe that the enormous US domestic market benefits from having a single currency, rather than, say, 50 state-level currencies.

12 months

Fed Pivot is Not an Investment Thesis

In a recent Bloomberg article, a group of economists voiced their fears that the Federal Reserve’s inflation fight may create an unnecessarily deep downturn.

12 months

How Much of the Gasoline Price is Crude Oil?

The US Energy Information Administration gives this answer for August 2022:

12 months

Schlesinger: On the Quality of State Department Writing During the Kennedy Administration

Schlesinger was a Harvard history professor who became a “special assistant” to President John F. Kennedy.

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