Topic
Economy The Briefing
The Bank of Canada raised rates for the first time since 2023 with employment falling and core inflation near 2%. Keynes offers the Bank one test and withholds another.
Economy The Briefing
Binance says it will absorb a hack of more than $6bn, and no central bank stands behind a crypto exchange. Minsky's idea of fragility suggests what such a promise signals.
Economy Explainer
The Reserve Bank says Indian outward investment is closing on inward investment, but inward stock is still about four times larger. What the ratio measures, what it hides, and where Adam Smith's home preference helps and where it breaks.
Economy Explainer
The Kospi and Nikkei fell about 6% on 6 November, against 4.4% for the S&P 500 a day earlier. The Taiex lost 12.2% in the week. Index concentration is our explanation for the scale.
Economy The Briefing
The Bank of England raised Bank Rate to 4% on 5 November, against an energy shock it cannot produce. Hayek's account of prices explains why a rate rise is a blunt answer, and who pays for it.
Economy Explainer
The informal dollar rate in Cuba has reached about 900 pesos, and the state now lets businesses take dollars. We weigh the embargo case against the money policy, and what it means for ordinary Cubans.
Economy The Briefing
AI stocks and the dollar fell after Democrats won Congress. The bond market behaved as the gridlock argument predicts; equities did not, because their risk sits in oversight and the states.
Economy Analysis
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