The Results of Warren Buffett’s Million Dollar Bet

With a Vanguard S&P Index fund competing against a group of hedge funds, a decade-long Warren Buffett bet for $1 million has just ended.

Worrying About the Treasury’s “X” Date

Concerned about the “X” date, Treasury Secretary Steven Mnuchin has written a letter to House Speaker Ryan about the debt ceiling.

Why Meteorite Ownership Matters

While it can be tough to decide who owns a meteorite, in China and the U.S., those “intergalactic” property rights matter since they determine who profits.

Why the Congress Needs to Raise the Debt Ceiling Again

A week ago, Treasury Secretary Steven Mnuchin sent a letter to Speaker of the House Paul Ryan. The letter said we will have maxed out our borrowing at midnight tonight. Having reached its “statutory limit,” the outstanding debt of the U.S.…

Where Phones Pump Money

Kenya’s economic development has been fueled by a mobile banking system that makes it easy to save, send and spend money with a cell phone.

It’s Time for Outer Space Lawyers

Now that the technology will soon exist to mine asteroids and profit from them, property rights in outer space have become a relevant legal issue.

An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

Why Currency is a Gender Issue

Conveying a message on gender and economic history, Alexander Hamilton on the $10 bill should remain and a woman should replace Jackson on the $20 bill.

Celebrating Alexander Hamilton and Economic Independence

When independence is about political freedom, the U.S. needed Alexander Hamilton’s development program for the economic strength that made it truly free.

How Congress Would Anger Alexander Hamilton

Whenever people try to limit the rights of owners, as with Alexander Hamilton and bondholders or now with the ART Act, there are market system tradeoffs.