The worst two financial crises in human history were in some ways attributable to the US Federal Reserve's misguided monetary policies. Many economists share the view that the Fed's tight-money policy in the late 1920s caused a significant drop in the money stock (i.e. severe contraction) which...

In the evolution of money, the advent of cryptocurrencies would have been an inevitable and a natural phenomenon, but the farfetched implications of the 2008 global credit mayhem only accelerated their arrival. Facebook's claim of the Libra Blockchain as a decentralized network is far from...

Over a decade has passed since a mysterious creator under the alias Satoshi Nakamoto (a pseudonym) launched Bitcoin in January 2009, who designed it as a decentralized (permissionless) purely peer-to-peer network of electronic cash that runs on blockchain using cryptography and distributed...