Under President Reagan, Congress reformed the income tax code and balanced pay-as-you-go Social Security despite deep partisan divisions. Yet by Reagan’s self-assessment, the Reagan Revolution was ...

(Bloomberg) -- Senegal’s main opposition leader, Ousmane Sonko, will seek a reform of the regional CFA currency if his coalition wins elections later this month. Creating a new currency, outside the ...

The Central Bank of Syria’s announcement of a new currency and the removal of two zeros from its nominal value underscores ...

The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...

Forty years ago, on August 15, 1971, President Nixon took to the airwaves to declare that the U.S. Treasury would no longer redeem foreign demand for gold in exchange for dollars. Because the United ...

This month will mark the 53rd anniversary of the radical move to a global monetary system of pure paper money. This system is governed by the changing theories of central banks, especially by the ...

Three weeks ago Argentina elected Javier Milei as its new president. Milei ran on a radical libertarian platform, whose most notable proposal called for eliminating Argentina’s currency, the peso, and ...

Lower-income countries can choose monetary reform, or they can continue being treated as leverage in a messy game of international politics. The International Monetary Fund (IMF) has long presided ...

One of the cardinal rules among U.S. practitioners of fiscal and monetary policy is that Treasury officials do not discuss monetary policy and Federal Reserve authorities do not discuss exchange rates ...