Public debt, sometimes called government debt, is money borrowed by governments. Like all debt, public debt finances spending today…
A satirical cartoon from the German Weimar Republic depicts Gutenberg’s reaction to his press being used to print inflationary…
Mountainside avalanche barriers in the High Tatras, northern Slovakia, in the summer season. 2024. Woosh, woosh, woosh. The helicopter…
United States Treasury Secretary Janet Yellen, on a recent visit to Philadelphia. 2024. There’s strong and growing evidence that…
A medieval vassal doing homage to his lord. An illustration from “The Story of the Map of Europe, its…
A dollar bill tucked between pages of well-worn book. Stumbling upon the Freakonomics phenomenon in the late ‘00s probably…
Donald Trump delivers his keynote address at the Bitcoin Conference in July. 2024. Several politicians have recently floated the…
Signage for Chipotle Mexican Grill, a chain of fast casual restaurants, on popular street in Arlington, Virginia. 2023. Lately,…
A representation of the Laffer curve, the relationship between tax receipts and the tax rate, on a black chalkboard.…