Mostly Economics

Colin Weiss of Federal Reserve on the issue of whether Gold has overtaken US Treasury as a safe asset? In 2025, world international reserves held in gold surpassed foreign official holdings of U.S. Treasury securities (figure 1), a fact drawing attention from media and policymakers (Nangle, 2025; European Central Bank, 2026; Storbeck and Hook, 2026, […]

Riksbank Deputy Governor Anna Seim asks one of the most asked questions by economists: What is money? “We economists usually talk about money having to fulfil three basic functions,” she explained. “It should retain a stable value over time, be generally accepted as a means of payment and serve as a measure for pricing goods […]

Prof Luis Garicano sums up all the economic history brilliantly in one para: “Adam Smith said a bunch of stuff that was mostly right.  Marx said a bunch of stuff that was wrong.  Keynes fixed some things up, messed some others. Then Lucas broke everything again. Now we’ve basically got it all worked out, except […]

Jeanet Bentzen, Alessandro Pizzigolotto and Lena Sperling on how White House is supporting religiosity and dividing America: Around the world, governments are pulling religion closer to the state, from Türkiye’s generously funded religious directorate to Viktor Orbán’s church-run schools in Hungary (Duvar English 2024, Republikon Institute and Huvos 2022). One explicit attempt c...

AFD, the far right party has won election in Saxony has shocked Germany and its leaders. U Govind Rao writes on the rise of the right-wing party in  Madras Courier: Germany’s far-right Alternative for Germany (AfD) has taken another giant step towards political power. Its sweeping victory in Saxony-Anhalt was the party’s strongest performance in […]