Wonkblog economics editor Neil Irwin has a book coming out this week. “The Alchemists: Three Central Bankers and a World on Fire” (The Penguin Press, available April 4) tells the story of how central bankers came to exert vast influence over the global economy, and how they wielded that power from 2007 to 2012, through… Read more »
Posts Tagged: dollar
Money, drugs and the Supreme Court: The multi-billion dollar case you haven’t heard of
The Supreme Court has been front and center this week with its oral arguments on same-sex marriage. That is not, however, the only big issue before the justices this week. On Monday, the court took up a really important health policy case, one with billions of dollars riding on the verdict. The lawsuit centers on… Read more »
Million Dollar Government Grant To Study Sex Habits Of Mud Snails
The National Science Foundation has given a grant that could wind up totaling almost a million dollars to a University of Iowa study researching which is better for New Zealand mud snails: reproducing sexually or asexually. The grant, awarded in 2011 to last until 2015, has already cost $ 502,357, and could wind up costing… Read more »
The dollar is soaring. Here’s what that should tell us about the economy.
Ben Bernanke is debasing the dollar! The currency wars are underway! Weimar awaits us! So goes the chorus of financial chatterers every time the latest wave of monetary easing takes shape. But here’s the thing: The dollar is actually on a bit of a tear. Since the start of February, the greenback is up nearly… Read more »