In his broad account of monetary economics, Nick Rowe points out that most modern economies are closer to being pure monetary exchange e...

Much of the conversation about bitcoin adoption focuses on its use in goods and services transactions. Breaking bitcoin news , for instanc...

Bill of exchange for £30 for tobacco sales, on April 26th 1769 Here's some interesting news. Ripple is finally being implemented....

I've written before about Iranian monetary sanctions .  We can disagree on motives and targets, but monetary sanctions are undeniably ...

Other central bank balance sheets I've illustrated include that of the Bank of Canada , Federal Reserve , and People's Bank of ...

I've been playing the game of Settlers of Catan for ages. Over time I've gotten less cutthroat and more philosophical about...

The following quote is a great expression of the efficient market hypothesis : ...the bulk of the statistics which the fundamentalists ...

Some interesting things have happened on the Iran monetary sanctions front since I last wrote on the topic. In my first post I explained h...

Most people don't realize that the central banks of Belgium, Japan, Greece, Switzerland, and South Africa are all publicly-traded. In...