The Fall of Intel
How America’s chip leader lost its edge.
Who Wins and Who Loses When AI Makes Decisions
What are the hidden risks and trade-offs in letting machines decide — and how can we protect fairness without stifling innovation?
Bank Rate reduced to 4% - August 2025
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.
Uneven Development Without Social Relations—The Trouble with Nievas and Piketty’s Unequal Exchange
Why do market-centric fixes for “unequal exchange” fall short? Sidelining social relations and production power turns colonialism into a pricing problem—and hides the mechanisms that keep uneven development in place.
Accounting for Ourselves: What Fedwire Tells Us About Fed Losses, Cost Recovery, and Risk
Without transparent accounting practices and proper risk management, the Federal Reserve’s current financial losses—unprecedented in scale—and the questionable accounting practices it uses to downplay their impact threaten public trust, economic stability, and the integrity of fiscal policy.
Is Fedwire Still a Subsidy That Fully Recovers Its Cost?
The Federal Reserve is experiencing something new in its history: sustained and sizable operating losses. These losses—currently running at more than $100 billion a year on an annualized basis—stem largely from the sharp rise in short-term interest rates, which has increased the interest the Fed pays on bank reserves while the income from its long-term securities portfolio remains comparatively low.
From words to deeds – incorporating climate risks into sovereign credit ratings
We investigate the impact of climate risks on sovereign credit ratings worldwide. Our analysis shows that higher temperature anomalies and more frequent natural disasters – measures of physical risk – correlate with lower credit ratings. We find that long-term shifts in climate patterns (“chronic risk”) primarily affect advanced economies, while the increased frequency and severity of extreme weather events (“acute risk”) matters more for emerging economies. However, the estimated impact of both types of risk on credit ratings is low and the economic effects are negligible.
Can States Reinvent U.S. Healthcare? This Expert Thinks So.
Phillip Alvelda, a former DARPA program manager, reveals how a fracturing federal system has opened the door for bold state leadership. Will blue states rise to build a healthier, more just future?
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Deutschlandfunk features Edward A. Tenenbaum and the Deutschmark
Deutschlandfunk
What really drives innovation—and who gets left behind in the process?
The best ideas may never make it to the patent office.
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