INDIAN REGULATORS speak with a little more flamboyance than their peers. On July 4th the Securities and Exchange Board of India (SEBI) accused Jane Street, a trading firm, of perpetrating a “sinister scheme” of manipulation in the country’s manic options market. In a lengthy document, it concluded that “the integrity of the market, and the faith of millions of small investors and traders, can no longer be held hostage to the machinations of such an untrustworthy actor.”
The Trump administration is moving to create what is being described as a strategic stockpile for rare earths and other...
The letter I received from Trump, dated January 15th, discusses foreign policy, not domestic economics. It also says thank you...
Escalation talk surrounding a potential U.S. bombing campaign against Iran rests on a familiar premise: that sufficient military bombardment can...
Yves here. The fact presented in the headline is bad enough, but the potential expenditures, even more so, since it...
We have been here before – the Fed monetizing a productivity surge. There are two important differences this time, though,...
Labor divided into the production of different goods or even into various tasks involved in the production of a single...
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