The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. Read ...

Highlights,Fixed exchange rate system linking global currencies to the U.S. dollar and gold.,Established by the Bretton Woods Agreement, ensuring international monetary stability.,Abandoned by the U.S ...

The Anderson transition is a phase transition that occurs in disordered systems, which entails a shift from a diffusive state ...

Professors Archon Fung of Harvard Kennedy School and Lawrence Lessig of Harvard Law School say Trump’s brazen embrace of ...

Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

Food systems deliver essential services, but are also vulnerable to a wide range of shocks. A major concern amongst policymakers is therefore how to build more resilient food systems. This paper asks ...

Look at some companies that have a monopolistic place in the marketplace and decide whether it's a good idea to invest in them. The list is populated with some big names.