Should We (Literally) Trash Cash?
December 14, 2016
November 8, 2016 was a big day. Millions of citizens were stunned, literally unable to believe what had just transpired. Economists …
Why Italy’s Referendum Matters
November 30, 2016
This weekend, Italians will vote on constitutional changes proposed by Prime Minister Matteo Renzi. And although the vote is technically …
Our Bulging Thanksgiving Waste
November 23, 2016
As part of a long-standing White House tradition, President Barack Obama is widely expected today to pardon two turkeys—Tater and …
Infrastructure Boom Coming
November 7, 2016
Americans on Tuesday will vote to elect the next president of the United States. It is not clear who will win, …
Learning From Nigerian Money Changers
October 26, 2016
Earlier this month, I was in Nigeria for some meetings. One of the most striking things about the country’s economic situation …
What’s Holding Back Inflation?
September 29, 2016
The labor market is tightening. Wages are rising. And yet, despite very aggressive monetary policy efforts, United States central bankers have been …