The NYC Fiscal Crisis Of The 1970s Has Some Important Lessons For Today

There have been some wobbles in credit markets lately. It hasn't been too dramatic, but we've had some blowups, leading Jamie Dimon to speculate about the presence of other "cockroaches" lurking in th...

4 Joulu 202544min

There's an incredible amount of focus on the grid this days. That's notable because for a long time, the grid was hardly of any interest. For years, load growth was flat. It was a sleepy market. And i...

1 Joulu 202557min

Some people pay off their credit cards at the end of each month. They use the cards as a payment method and collect points and rewards, and never have to pay any interest. For other users, interest ca...

28 Marras 202544min

The US and China are in a "Thucydides Trap," whereby the risk of war is heightened when an established power is threatened by a rapidly rising power. This is the framework that's been popularized by G...

27 Marras 202549min

You're not imagining it. This really is a moment of tremendous historical change. Various forces are all aligned right now and reshaping how the world operates. That's the view of Ray Dalio, the found...

24 Marras 202558min

Here’s a preview of another podcast we enjoy, Risky Business with Nate Silver and MariaKonnikova. Risky Business is a weekly podcast about making better decisions. Hosted byjournalist and psychologist...

23 Marras 20253min

The country's cattle herd has shrunk to its smallest size in decades and beef prices have been soaring this year, with hamburgers and steaks becoming the latest flashpoints in the political debate ove...

22 Marras 202543min

In early November, it looked like almost a sure thing that the Federal Reserve would cut rates. Since then, the odds have come in dramatically, as a number of FOMC members have been talking about pers...

21 Marras 202547min