Night School, Class 2: Why high inflation persists

Night School, Class 2: Why high inflation per...

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The financial scams that brought Albania to the brink of war

In the mid-1990s, Albania appeared to be a nation on the rise. Emerging from decades of isolation and communist rule, people poured their savings into investment schemes that promised extraordinary returns. But many of those schemes were little more than giant Ponzi scams. When t ...  Show more

When Nixon put America first and took the dollar off gold

Today, when people hear the name Richard Nixon, they probably think of Watergate. Few remember another one of his most controversial acts – his suspension of the dollar’s convertibility into gold. The “Nixon Shock” as it became known was a quintessentially America First policy, w ...  Show more

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