Category: Markets


Who is holding US Treasuries?

In recent decades the amount of US debt held by the Federal Reserve through its quantitative easing program rose significantly. Who is buying U.S. treasuries now that the Fed is reducing its holdings?


The role of central bank asset purchases

Do large-scale purchases of government bonds improve welfare? Under what conditions only small purchases can be beneficial?


On the modern corporation

Can modern corporations self-regulate and undertake a green transition?


On the UK crisis

…was it a regulatory failure or a fiscal event?


Housing post-COVID

Some housing markets have become frothy. How has COVID affected house prices? Which effects are transitory?


To kill innovation…

Are incumbent firms acquiring innovative potential entrants just to shut down the entrant’s innovative endeavors?

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