Money creation is one of the most significant yet often misunderstood functions of central banks. Understanding how central banks create...
Read moreExcellent post by Vitalik on prediction markets and the broader category of what he calls info finance: Now, we get...
Read moreTraditional economic discussions often focus on market transactions—activities like buying groceries, paying for services or investing in assets—which dominate our...
Read moreYou’ve likely heard of Prospera, the private city in Honduras established under the ZEDE (Zone for Employment and Economic Development)...
Read moreInflation’s effect on capital markets is profound, with far-reaching consequences for both individual investors and institutions. Rising inflation impacts borrowing...
Read moreIn the aftermath of the 2008 financial crisis, the world’s leading central banks found themselves in uncharted territory. In a...
Read moreAccurate inflation measurement is vital in economic decision-making for governments, central banks, and economists. By understanding how the purchasing power...
Read moreSeigniorage is a fascinating, yet controversial, concept in monetary economics. It refers to the revenue that a government earns by...
Read moreThe role of central banks in inflation management is pivotal to the economic stability of any country. Central banks are...
Read moreHappy Birthday Spinoza! The post Spinoza is ten years old today appeared first on Marginal REVOLUTION.
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