The future of cash, finance, economics, and trade
Immigrants lose their worth the minute they board a plane. Women like my mother, who was not professionally skilled in her country of origin, become pre-marked for domestic labor in flight.
A dispatch from the streets of Myanmar.
Want to disrupt finance? Start here.
The global financial system relies on massive amounts of perpetual national debt–and that’s OK.
Where it comes from, who creates it, what inflation is, and how much there is on Earth.
Forget a global currency–we’ll see more types of digital cash than there are nations.
Math is still important, but we have the priorities wrong in the current framework.
“It takes 20 minutes to get cash into the hands of a North Korean,” said Jieun Baek, a fellow at Harvard University’s Belfer Center for Science and International Affairs. Author of the forthcoming book North Korea’s Hidden Revolution, she estimates that somewhere between $12 to $20 million is transferred into the country annually from defectors […]
Are our economies slowing, or are we just measuring the wrong things?
Gross Domestic Product is the scourge of the modern world–we can do much better.
Your thoughts on the idea that countries should introduce a maximum wage, pinned relative to earnings of the poorest.