

The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance and Technology By Martin Chorzempa (PublicAffairs, 320 pages, $29) In The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance…
Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas – Not Less By Alex Epstein (Portfolio, 480 pages, $30) Energy is the economy’s lifeblood. It’s fundamental to everything we produce and consume. Yet President Joe Biden…
Cryptomania has been riven by fear, doubt, and economic reality. Investors and entrepreneurs envisioned cryptocurrencies and decentralized finance as the revolution that would upend reigning payment systems like Mastercard, Visa, PayPal, Western Union, Swift, fiat currencies, and traditional financial intermediaries….
Fear and raging inflation have roiled hot but still nascent digital currency markets. From November 15 to May 26, the cryptocurrency market plunged 57 percent, with $1.6 trillion of value lost. At the same time, the price of leading cryptocurrencies…
Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic — and Prevented Economic Disaster, by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos, is a page-turning paean to Fed Chairman Powell and the central…
In March, inflation surged to 8.5 percent over a yearlong period — the highest in more than 40 years. The Federal Reserve’s reign of easy money unleashed the scourge. While enormously destructive, inflation isn’t complicated. It’s caused by too much money…
Adding a fourth nuclear power to NATO would go a long way toward restoring deterrence. Bent on reestablishing Russia’s empire, dictator Vladimir Putin invaded Ukraine. His ambitions don’t stop at its western border. Could NATO, particularly the U.S., U.K., and…