Sublime
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The IYI-cum-cronyist former Treasury Secretary Tim Geithner—with whom I share the Calabrese barber of the Prologue—was overtly rewarded by the industry he helped bail out. He helped bankers get bailouts, let them pay themselves from the largest bonus pool in history after the crisis, in 2010 (that is, using taxpayer money), and then got a multimill
... See moreNassim Nicholas Taleb • Skin in the Game: Hidden Asymmetries in Daily Life
As Nathan Tankus explains, the Bureau of the Fiscal Service, the part of the Treasury Department that handles payments for the federal government, is supposed to be technocratic and focused purely on making sure the money goes where it is supposed to. Nonetheless, because it acts as an intermediary between the government and the rest of the governm... See more
Abraham L. Newman • Elon Musk Weaponizes the Government
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19
The fight over financial policy was fast becoming a fight over the proper direction of the country; Washington was caught in the blazing crossfire between his brilliant treasury secretary and his equally brilliant secretary of state.
Ron Chernow • Washington
