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The terms “reform” and “reformer” conjure up positive, appealing impressions. It is widely assumed that to reform something is to fix it, and that the reformer is enlightened, courageous, far-sighted, or all three. But often…

Banking is just about the most regulated industry in America. Yet, as we saw with the collapse of Silicon Valley Bank and others in recent months, lenders are not invulnerable to failure due to bad management or unexpected…

Banking is just about the most regulated industry in America. Yet, as we saw with the collapse of Silicon Valley Bank and others in recent months, lenders are not invulnerable to failure due to bad management or unexpected…

"Interchange fees, long derided as a cost center for vendors that accept credit cards, may serve as a check on hyper-politicized consumer businesses." ~ Dave Birnbaum

A growing number of people, including prominent scientists, are calling for a full retraction of a high-profile study published in the journal Nature in March 2020 that explored the origins of SARS-CoV-2. The paper, whose…

"Although realizing losses—or, running quasi-fiscal deficits—is new to the Fed, it is more common in developing countries. The consequences of running quasi-fiscal deficits include inflation and lack of central bank…

"Although realizing losses—or, running quasi-fiscal deficits—is new to the Fed, it is more common in developing countries. The consequences of running quasi-fiscal deficits include inflation and lack of central bank…

"While Waller sees the recent slowdown in inflation as positive, he is not ready to declare victory as it is only a single data point." ~ Bryan P. Cutsinger

The video game industry is getting a lot of attention lately thanks to both exciting tech advancements and unprecedented interference by the Federal Trade Commission (FTC). The sector has witnessed substantial growth in…