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Democrats Helped Build The Social Safety Net. Why Are Many Now Against Expanding It?

Today’s Democrats fancy themselves as the party that trusts the evidence — wherever it might lead. This is why they invest heavily in science and technology and set up arms of government to translate that knowledge into action. But despite claiming to pri

logo.png  By NB  Feb 16, 2022

Digital currencies carry threats as well as promises

The proliferation of new financial technologies calls for better cross-border regulation and supervision

logo.png  By NB  Feb 16, 2022

Known unknowns, an impossibility theorem, and the power of regret

I’ve been enjoying The Innovation Delusion by Lee Vinsel and Andrew Russell. Particularly interesting when it gets to the joys and challenges of maintenance. My colleague Gavin Jackon has recently published Money in One Lesson in the UK (US publicat

logo.png  By NB  Feb 15, 2022

Is inflation worse for the poorest households? Incredibly, we’ve decided it’s fine not to know the answer

What colour is a rainbow? On average, white. And what is the current level of UK inflation? On average, 5.4 per cent. Both answers are true. Both are missing something important. The consumer price index, or CPI, aims to measure the average price paid by

logo.png  By NB  Feb 11, 2022