Central Banking European Central Bank Explained: Governing Council and Twenty-One Economies The European Central Bank explained for the 358 million people across 21 economies that share the euro: structure, mandate, tools,... May 9, 2026
Economics in the News US Economy: Structure, Strengths, and Vulnerabilities The US economy reached $32 trillion in 2026 GDP, the world's largest. This profile maps its structure, trade, fiscal position,... May 9, 2026 18 min read
Central Banking Federal Reserve Explained: Structure, Mandate, and How Decisions Are Made The Federal Reserve explained: how the US central bank's structure, dual mandate, and toolkit shape monetary policy and financial stability... May 9, 2026
Economics in the News US Jobs Report April 2026: Reading the Labour Market Slowdown The US jobs report April 2026 showed payrolls rose 115,000, unemployment held at 4.3 percent, and wage growth eased to... May 8, 2026 11 min read
Macroeconomic Trends and Analysis Argentina’s Recurrent Defaults: A Case Study in Sovereign Debt and Hyperinflation Argentina's Recurrent Defaults span nine sovereign defaults since 1827 and three since 2001, with inflation falling from 211% in 2023... May 8, 2026
Macroeconomic Trends and Analysis Japan’s Lost Decades: A Case Study in Liquidity Traps and Deflation Japan's Lost Decades trace a developed economy hitting the zero lower bound in 1995 and finally normalising rates in 2026... May 8, 2026
Microeconomics Economics of Health Insurance: Adverse Selection and Moral Hazard The Economics of Health Insurance explains how risk pools survive adverse selection and moral hazard, why the 2026 ACA subsidy... May 8, 2026
Microeconomics Hotelling Rule: Pricing Non-Renewable Resources Over Time The Hotelling Rule states that the net price of an exhaustible resource must rise at the real interest rate, the... May 7, 2026
Macroeconomic Trends and Analysis Economics of Inequality: Gini, Lorenz, and the Top 1% The Economics of Inequality uses the Lorenz curve, the Gini coefficient, and top-share metrics to measure income and wealth concentration... May 7, 2026
Central Banking Optimum Currency Area Theory: When Countries Should Share a Currency Optimum Currency Area Theory sets out when a group of countries gains more from sharing a common currency than it... May 7, 2026