What an LA Bakery Says About the Economy Right Now
Bakeries are great microcosms of the economy. There's lots of labor involved. You need commodities like flours and eggs, plus energy for your ovens. You need capital investment to get the ovens in the...
1 Aug 202547min
Circle's CEO on the Booming Business of Stablecoins
Stablecoins are emerging as one of the most active areas of cryptocurrencies. The idea of using blockchain rails to transmit money has captured the attention of legacy financial institutions as well a...
31 Jul 202549min
This Is How Chinese Manufacturers Are Countering Trump's Trade War
President Trump has announced tariffs on basically every trading partner. However there is a real sense that the ultimate goal is to hamper the growing perceived economic threat from China. One vision...
28 Jul 202548min
How a Trade War With China Could Become a Hot War
Tension between the US and China has been building for some time. But so far this has been limited to issues of trade. The US has imposed tariffs on China. It's imposed restrictions on technology expo...
26 Jul 202559min
What 300 Years of Firewood Prices Say About the Economy
Today, the cost of energy — things like electricity, or gas, or heating oil — is considered an essential piece of economic data. But it turns out that for much of America's history, we've been overloo...
25 Jul 202542min
How to Prepare for a Post-Dollar World with Inigo Fraser Jenkins
People talk all the time about the potential for huge turning points in history. And they've been talking about the possibility of the US losing its dominant position in the international financial or...
24 Jul 202546min
The NYC Landlords Most Worried About Zohran Mamdani
Probably the most controversial proposal from New York City Democratic mayoral nominee Zohran Mamdani is his promise to freeze the rent on a substantial chunk of rent-stabilized units in the city. The...
21 Jul 202534min
Why the Damage to Fed Independence May Have Already Been Done
There’s a long history of US presidents putting pressure on the Federal Reserve to lower interest rates, but the techniques have often been subtle or quiet in some way. Under President Trump, attacks ...
19 Jul 202527min
