Under the efficient-markets hypothesis, a worthless digital currency should have never gotten off the ground.
The impunity of international finance might be coming to an end.
Oil is no more special or critical than coal, gas or metals—let alone food.
Several TNI regulars assess the campaign's last debate.
Washington's incoherent policy stems from misperceptions about U.S. interests in the Middle East.
The ECB president's latest move may have averted a major crisis—and ensured the U.S. president's reelection.
The catastrophic situation in Spain has forced the ECB to take drastic measures.
The problem is not the euro. The problem is that the idea of the ECB is detached from economic reality.
From the Korean War to the Iraq War, from Vietnam to Afghanistan, the tendency to overcommit U.S. forces rarely ends well.
The question isn't whether Greece will abandon the euro. It's whether Greece will be forced to abandon the euro—and what the fallout would be.
Saving Europe from the debt crisis will require overhauling the ECB and the euro zone.
The costs of nuclear power—and especially of disasters like Chernobyl and Fukushima—far outweigh the technology's potential benefits.
The lessons we should have learned from the recent economic meltdown.
Energy debaters have found an easy target in this relatively new, scary-sounding technology. Don't be fooled by the heated rhetoric.
Inflation targeting helped cause—and intensify—the global financial crisis. What we can do about it.
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