Then They Fight You: Bitcoin and the United States’ Fiscal Crossroads
IntroductionScholars dispute whether it was Mahatma Gandhi who first said, “First they ignore you, then they laugh at you, then...
welfare
Bitcoiners and Wobblies: Labor Day Edition
Recently, I’ve been reading about the foundations of the American Labor Movement. Specifically, the birth of the Industrial Workers of...
In Defense of Bitcoin Culture
The original article this piece is responding to: Reflections on Bitcoin Culture. Bitcoin changes our lives.It’s an almost spiritual observation that...
FEDS Paper: HANK Comes of Age
Bence Bardóczy and Mateo Velásquez-GiraldoWe study the aggregate and distributional effects of monetary policy in a heterogeneous agent New Keynesian...
FEDS Paper: Inflation, Price Dispersion, and Welfare: The Role of Consumer Search
Francisca Sara-ZarorIn standard macroeconomic models, the costs of inflation are tightly linked to the price dispersion of identical goods. Therefore,...
IFDP Paper: Tariff Rate Uncertainty and the Structure of Supply Chains
Sebastian Heise, Justin R. Pierce, Georg Schaur, and Peter K. SchottWe show that reducing the probability of a trade war...
Desert Mysteries: The Great Oil Game
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here...
The Risks of Stablecoins: Exploring The Bitcoin-Dollar With Mark Goodwin
Understanding StablecoinsStablecoins are a type of cryptocurrency that aims to maintain a stable value by pegging it to another asset,...
FEDS Paper: Retail Central Bank Digital Currencies: Implications for Banking and Financial Stability
Sebastian Infante, Kyungmin Kim, Anna Orlik, André F. Silva, Robert J. TetlowThis paper reviews the literature examining how the introduction...
The Union Of Bitcoin And The Climate Change Agenda
Don’t worry, this isn’t an article to either espouse or attack the current global climate change agenda. Debating whether the...
