Kaustubh Sule

In 1944, the US led other countries in putting together the Bretton Woods system, in which most currencies were pegged to the dollar, and the dollar was pegged to gold.

In 1971, however, the US defaulted on this system, rendering the dollar no longer redeemable for or fixed against gold. After that, all currencies rapidly fell vs gold, and along

As a base case, I don’t expect tariff-related turmoil of a magnitude that was experienced in April of this year, but I do think it could pick up a bit relative to the past month or two.

When the stock market is selling off and the bond market is experiencing high volatility, the administration has a strong incentive to put out the fire. However,

I want to study the specific companies to understand the category more generally.

“Intuition is nothing more and nothing less than recognition.”

“Things are the way they are because they got that way,” always loses out to a narrative centred around deliberate, conscious intention and design.

Indeed, priming studies can be notoriously difficult to replicate: bring any attention at all to the priming mechanism, and you’ll likely find the effect go down to zero. When we are aware of the reason for our action, it stops influencing us: we now have something else to which to attribute whatever emotions or thoughts may have been activated,

The second consequence of plunging elite incomes is increased intraelite competition.

It is not the slip-box or our brains alone, but the dynamic between them that makes working with it so productive.

In volume terms, world merchandise trade rose by 2.7% in 2022. The volume figure was well below the 12.4% growth in value terms, reflecting the effect of high global commodity prices.