Why Investors Keep Losing Money Betting Against The Hong Kong Dollar Peg
For years, macro hedge fund managers have been stalking the Hong Kong Dollar. Since 1983, the currency has been pegged at around 7.75 per US dollar, and it basically has never budged from that. But th...
3 Elo 202041min
How They’re Really Making Money On Your Free Robinhood Trades
With so many people working at home, bored, and with no sports to bet on, there’s been an incredible explosion of retail stock market trading. One service, Robinhood, in particular has gotten a lot of...
30 Heinä 202042min
Introducing: Blood River
The killers of Berta Caceres had every reason to believe they’d get away with murder. More than 100 other environmental activists in Honduras had been killed in the previous five years, yet almost no ...
28 Heinä 20203min
How A Professional Writer Turned Herself Into A World Class Poker Player
Switching careers is always difficult. But former New Yorker staff writer Maria Konnikova did it in dramatic fashion. Konnikova decided that the best way to learn about the role of skill and luck in l...
27 Heinä 202054min
Meet The Mayor Who Printed His Own Currency To Fight The Virus
With the virus crushing economic activity, local governments have had to cut spending and rely on Federal support in order to maintain basic services. But one town in Washington is also trying somethi...
20 Heinä 202032min
Why Studying Keynes Is More Important Than Ever
In response to the economic crisis, governments around the world have engaged in stimulative policies that might be characterized as “Keynesian” in nature. But what did Keynes really believe, and how ...
13 Heinä 202056min
How The Government Can Guarantee Everyone A Job And Fix The Unemployment Crisis Immediately
Officially, the US unemployment rate stands at 11%. This is higher than the worst levels of the financial crisis. And there are reasons to think that the actual state of unemployment is even worse. Th...
9 Heinä 202046min
Why The World Is Getting Angrier, And What Says About The Economy
The world has gotten angrier in recent years, and the coronavirus crisis seems likely to have accelerated the trend. So what does this say about the economy, and what does it mean for policy going for...
6 Heinä 202042min
