Why Did the Dollar Rally Only After the 1929 High?

QUESTION: Hello, I am having trouble understanding how capital flows into the US, which helped the Dow double from ’27-29 didn’t move the dollar. Instead, the dollar moved...

Racial and ethnic income gaps persist amid uneven growth in household incomes

Yesterday’s Census Bureau report on income, poverty, and health insurance coverage in 2018 shows that while there was a slowdown in overall median household income growth relative to...

Buying Boots, by Sarah Skwire

A recent newsletter from AdamSmithWorks reminded me of this great discussion between Russ Roberts and Mike Munger on division of labor, particularly their discussion about shoe and boot...

The Idea of Alternative Currencies Is Going Mainstream

Mastercard, one of the big players now looking at this new money, is starting a cryptocurrency team. “Do you have the desire to work at the cutting-edge intersection of...

We’re Hiring A Visual Journalist To Cover Sports, The 2020 Election And More

FiveThirtyEight’s graphics and interactives team is growing! We’re looking for a savvy visual journalist to contribute to daily graphics production, collaborate on deeply reported stories and help develop...

Temporary price-level targeting: An alternative framework for monetary policy

By Ben S. BernankeLow nominal interest rates, low inflation, and slow economic growth pose challenges to central bankers. In particular, with estimates of the long-run equilibrium level of...

The Economics of Sports Gambling (Ep. 388)

Today, roughly 60 million people in the U.S. and Canada play fantasy sports, with U.S. revenues alone reaching about $8 billion a year. (Photo: Miller/Getty) What happens when tens...

Doubting disaster capitalism

A report from Byline Media has prompted talk that Brexit is an example of disaster capitalism: it is supported by vulture investors who hope to profit from economic...

Low bond yields

Why are interest rates so low?Here is the 10 year bond yield, by itself and subtracting the previous year's inflation (CPI less food and energy). The 10 year...

Josiah Ober: The Greeks and the Rational: The Discovery of Practical Reasons

Josiah Ober: The Greeks and the Rational: The Discovery of Practical Reasons: "September 19 Lecture 1. Gyges’ Choice: Rationality and Visibility. September 26 Lecture 2. Glaucon’s Dilemma: Origins...
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Elton John Stricken With Pneumonia, Cuts New Zealand Show Short

Elton John has pneumonia, and it’s unclear if he’ll continue what he says is his final world tour. “I played and sang my heart...

Top 15 Church Planting Podcasts You Must Follow in 2020

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My Experience with a Timeshare (Wyndham) Sales Team in Vegas

I'm writing this because the Reddit threads on this topic are outdated and more people should know what I now know...