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Bitcoin drops 7.8% to below $60,000

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Anatomy of a rise: Monetary policy and the post-Covid surge in long-term interest rates

The sharp rise in long-term interest rates since 2020 is difficult to explain from slow-moving…

16 hours ago

Beyond trade diversion: How the US-China trade war reshaped global production

Trade wars do not simply redirect exports; they also reshape the costs of production, disrupt…

16 hours ago

Why we spend so much time in meetings

Few features of modern work are as widely criticised as meetings. Using data from over…

16 hours ago

New jobs in 140 years of data: Why the AI displacement fear is overstated — and what to worry about instead

Forecasts of AI-driven job destruction rest on counting automatable tasks. But labour markets hire, pay,…

16 hours ago

Fiscal unsustainability and capture: $40 trillion Treasury debt does not measure the risks; enhanced long-term repurchases don’t improve them

US federal government debt exceeded $40 trillion in August 2026, triggering concerns about fiscal credibility…

16 hours ago

How exchange rate policy reshapes global supply chains and productivity growth

Global current account imbalances are widening again. This column argues that currency undervaluation, supported by…

16 hours ago