Economics of socialism and transition: The life and work of János Kornai,...
Prof Janos Kornai passed away recently. Prof Gerald Ronald of University of California, Berkeley pays tribute to Kornai in this voxeu piece. The famous Hungarian economist János Kornai has left us. He...
View ArticleChallenges to monetary policy: lessons from Medieval Europe
Prof Nathan Sussman of Graduate Institute of Geneva in this post on Bank underground blog discusses monetary policy in Medieval France: The monetary system is going through significant changes: the...
View ArticleWhat may happen when central banks wake up to more persistent inflation?
We are seeing inflation rise across most economies in the world. However, most central banks have treated the inflation as transitory. Charles Goodhart and Manoj Pradhan look at this question of What...
View ArticleMark my words: the transmission of central bank communication to the general...
Tim Munday and James Brookes in this Bank of England paper analyse how central bank communicates to the general public via print media. It also suggests how central banks can improve their news...
View ArticleThe Power of Money: Lessons from Introducing Digital Currency to a Barter...
Michael Wong of MIT in this interesting paper: I investigate how digital currency issuance by a private online platform affected the exchange of used goods in a large North American barter community....
View ArticleLack of New Banks is a significant issue for the US Banking industry
Governor Michelle W. Bowman of Federal Reserve in this speech raises concerns over lack of new banks particularly de novo banks in US: why have there been so few de novo bank formations over the last...
View ArticleHow economics took a wrong turn post World War II and an alternative...
Prof Meir Kohn of Dartmouth College in this Cato Journal Paper writes how economics took a different turn post WWII: As a profession, economics is thriving. The number of economists is large and...
View ArticleWhen a city sinks: Case of Amsterdam
Prof Thijs Weststeijn (History and Art History) of Utrecht University in this AEON article points how Amsterdam is being threatened by rising sea and river waters. Amsterdam’s ancient foundations...
View ArticleReview of Russia’s pawnshop market
Central Bank of Russia has released its first report on Russia’s pawnshop market. The market has been growing. Most customers tend to choose pawnshops by location, that is, close to their home or job....
View ArticleHow the politics of central bank appointments is getting interesting again
My new Moneycontrol piece on how politics of central bank appointments is getting interesting again. I reflect on the recent cases of politics of central bank appointments and exits in Germany, US and...
View Article