Jacob Soll is a professor of history and accounting at the University of Southern California. He has published several books including The Information Master and The Reckoning: Financial Accountability and the Rise and Fall of Nations. His most recen...
In 2008, when the housing bubble burst and US markets crashed, a recession ensued—not just in the United States, but also around the world. Why? The power of the US dollar. The 1944 Bretton Woods Conference created the International Monetary Fund (...
March 2023 was one of the worst months for the banking industry in recent memory, and while much of the media coverage has focused on the failure of Silicon Valley Bank (SVB) and Credit Suisse, this turmoil has obscured a smaller, more interesting st...
Jacob Soll is a professor of history and accounting at the University of Southern California. He has published several books including The Information Master and The Reckoning: Financial Accountability and the Rise and Fall of Nations. His most recen...
Jacob Soll is a professor of history and accounting at the University of Southern California. He has published several books including The Information Master and The Reckoning: Financial Accountability and the Rise and Fall of Nations. His most recen...
In 2008, when the housing bubble burst and US markets crashed, a recession ensued—not just in the United States, but also around the world. Why? The power of the US dollar. The 1944 Bretton Woods Conference created the International Monetary Fund (...
In 2008, when the housing bubble burst and US markets crashed, a recession ensued—not just in the United States, but also around the world. Why? The power of the US dollar. The 1944 Bretton Woods Conference created the International Monetary Fund (...
March 2023 was one of the worst months for the banking industry in recent memory, and while much of the media coverage has focused on the failure of Silicon Valley Bank (SVB) and Credit Suisse, this turmoil has obscured a smaller, more interesting st...
March 2023 was one of the worst months for the banking industry in recent memory, and while much of the media coverage has focused on the failure of Silicon Valley Bank (SVB) and Credit Suisse, this turmoil has obscured a smaller, more interesting st...
If the war in Ukraine can be said to have a silver lining, it is the bringing together of a nation once sharply divided along linguistic, geographical, and class lines. Since Russia’s invasion in February, ordinary Ukrainians and oligarchs alike ha...
If the war in Ukraine can be said to have a silver lining, it is the bringing together of a nation once sharply divided along linguistic, geographical, and class lines. Since Russia’s invasion in February, ordinary Ukrainians and oligarchs alike ha...
Jerome Powell presses a button, and halfway across the world, a government buckles. There are a lot of steps in between, but that’s the gist of it. In truth, the Federal Open Market Committee (FOMC) meets and sets a new target range on the fe...
Jerome Powell presses a button, and halfway across the world, a government buckles. There are a lot of steps in between, but that’s the gist of it. In truth, the Federal Open Market Committee (FOMC) meets and sets a new target range on the fe...
Since formally leaving the European Union (EU) in 2020, British farmers have been faced with a myriad of challenges. Issues with increasing production costs, a shrinking workforce, and bureaucratic red tape have been compounded by the loss of EU Comm...
Since formally leaving the European Union (EU) in 2020, British farmers have been faced with a myriad of challenges. Issues with increasing production costs, a shrinking workforce, and bureaucratic red tape have been compounded by the loss of EU Comm...
Hailed as the “Miracle on the Han River,” South Korea’s rapid growth transformed the economy of one of the poorest countries in the world to one of the largest and most innovative. Today, the country is one of the largest exporters in the world...
Hailed as the “Miracle on the Han River,” South Korea’s rapid growth transformed the economy of one of the poorest countries in the world to one of the largest and most innovative. Today, the country is one of the largest exporters in the world...
As the culture war wages on in American politics, conservatives have found a new target in the field of economics. Socially-responsible investing, calculated through the use of Environmental, Social, and Corporate Governance (ESG) scores, has become ...
As the culture war wages on in American politics, conservatives have found a new target in the field of economics. Socially-responsible investing, calculated through the use of Environmental, Social, and Corporate Governance (ESG) scores, has become ...
An often-discussed term in macroeconomics, especially in the past year, has been the so-called “soft landing.” Any observers of American politics will note Federal Reserve Chair Jerome Powell’s repeated use of the term to describe what he hopes...
An often-discussed term in macroeconomics, especially in the past year, has been the so-called “soft landing.” Any observers of American politics will note Federal Reserve Chair Jerome Powell’s repeated use of the term to describe what he hopes...
Railroads in the United States have avoided electrification, lagging behind much of the rest of the world. Consequently, American railroads are some of the largest consumers of diesel. In 2018, they used 4.2 billion gallons of diesel, second only to ...
Railroads in the United States have avoided electrification, lagging behind much of the rest of the world. Consequently, American railroads are some of the largest consumers of diesel. In 2018, they used 4.2 billion gallons of diesel, second only to ...
On March 11, 2021, President Biden signed the American Rescue Plan into law, delivering $1.9 trillion to help the country recover from the Covid-19 pandemic. This package included a record expansion of the Child Tax Credit, increasing the monetary va...
On March 11, 2021, President Biden signed the American Rescue Plan into law, delivering $1.9 trillion to help the country recover from the Covid-19 pandemic. This package included a record expansion of the Child Tax Credit, increasing the monetary va...
Since the industrial revolution, wealth has been used as a way to measure a country’s prosperity—income has been synonymous with well-being. In more recent years, however, those seeking to quantify development have turned to other, more holistic,...
Since the industrial revolution, wealth has been used as a way to measure a country’s prosperity—income has been synonymous with well-being. In more recent years, however, those seeking to quantify development have turned to other, more holistic,...