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Economics & Finance
Proposed Fed Guidelines Should Be Refined to Ensure Access and Competition in Payments Services
July 2, 2021
The Fed’s publication of the proposed guidelines is timely and important because technology and innovations in the use thereof are changing how payments are made and are affecting the very infrastructure of the US payment system. There are any number of nondepository fintech firms that are attempting to offer new services to the public and are willing to follow Fed protocols as they seek to compete and broaden the market for their payment services. Setting specific guidelines and criteria is a welcome milestone to the extent those guidelines and criteria clarify the conditions of entry and expected performance standards that apply to firms seeking access to a Fed Master Account.
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More On This Topic...
No, the Fed Did Not Just Hike Interest Rates
July 6, 2021
Editorial
The Taxman's New Monopoly
June 29, 2021
Editorial
Foreign Policy
The China Challenge: Spurning Mandarin, Speaking English and Becoming a Hong Konger
July 8, 2021
It was a steamy afternoon when I first arrived in Hong Kong. I got into a cab and told the driver, in English, to take me to a friend’s place in Causeway Bay. “Hoi To Court, please,” I said, smiling at him through the rearview mirror while fighting the tiredness of a long flight from Europe. He looked confused, so I repeated the name in Mandarin.
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More On This Topic...
How Our Culture Wars Make Us More Vulnerable to Chinese Influence
July 7, 2021
Editorial
The Gulf is Swamped With Lazy Project Managers: It's Time For a Change
July 4, 2021
Editorial
Social Issues
Sohrab Ahmari’s Straw Man Assault on Liberalism
July 6, 2021
The liberal philosopher John Stuart Mill famously warned that “he who knows only his own side of the case knows little of that.” If you want to see what Mill meant by that, I submit as a practical illustration Sohrab’s Ahmari’s book “The Unbroken Thread: Discovering the Wisdom of Tradition in an Age of Chaos.”
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More On This Topic...
An Economist's Perspective On 'Gain-Of-Function' Virus Research
July 8, 2021
Editorial
Trump Was a Symptom, Not the Disease – and It’s Become a Global Pandemic
July 2, 2021
Editorial
Rediscovering the Promise of the American Founding
July 8, 2021
Editorial
Podcasts
Macro Musings
Agustin Carstens on Central Banking in Emerging Markets, the Distributional Footprint of Monetary Policy, and Central Bank Digital Currency
July 5, 2021
Agustin Carstens leads the Bank for International Settlements or the BIS in his role as general manager and previously served as the governor of the Bank of Mexico. He also served as the deputy managing director of the International Monetary Fund. Agustin joins David on Macro Musings to discuss the new BIS 2021 annual report.
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Conversations with Tyler
Experimenting with Art, Craft, Food and Life
July 8, 2021
Shruti Rajagopalan and Krish Ashok discuss different Indian cuisines, oral versus written tradition, the fusion of different musical styles, the challenges of working remotely and much more.
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Conversations with Tyler
Fortress and Frontier: Healthcare’s Reluctant Revolution
July 9, 2021
Robert Graboyes speaks with Dr. Eric Topol about the slow progress of medicine, how machine learning will improve healthcare, the importance of the doctor-patient relationship, the triumph of the mRNA vaccines and much more.
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