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The Impact of Public Blockchains and Private Pools
Reinterpreting Bagehot's mature work as the origin of the key currency tradition
Read in the context of his time, Bagehot's book Lombard Street appears as an attempt above all to reveal the dynamic of globalization when global money was sterling.
Research on labor market experience does not explain the link between the volatility low-wage workers encounter and their earnings and it leaves open numerous pressing questions, such as what, if anything, can be done to reduce racial and ethnic differences in economic well-being.
When working within the same employment spell, female workers, particularly those of color and those working in low-wage service and care jobs, earn significantly less when facing greater volatility than their male counterparts or those working in non-service, non-care occupations.
Alessandro Roncaglia has mulled the topic of power over his long and distinguished career – a topic most economists avoid. His new book explores the historical dynamics of power and asks how we can change its distribution today.
Power is a fact of life, but you might not know it by talking to today’s economists. Many tend to sidestep the subject, treating power as if it exists outside their primary areas of concern, such as market dynamics and fiscal policies. Yet undeniably, power shapes resource allocation in society, dictating who gets what, when, and how.
Eric Laursen, author of The People’s Pension, explains to INET’s Lynn Parramore what’s at stake for Americans in a year of sneak attacks and misinformation.