Markets and knowledge commons: Is there a difference between private and community governance of markets?

Government Externalities Author: Aris Trantidis Published in Public Choice Link to paper here. Governments are expected to tackle externalities such …

Democracy and the Epistemic Problems of Political Polarization Author: Jonathan Benson Published in American Political Science Review Link to paper …

Markets and knowledge commons: Is there a difference between private and community governance of markets? Author: Erwin Dekker & Pavel …

Institutional diversity and state-led development: Singapore as a unique variety of capitalism Author: Bryan Cheang and Hanniel Lim (2023) Published …

On the Nature and Structure of Externalities Author: Pablo Paniagua & Veeshan Rayamajhee Abstract This paper contributes to the literature …

Individual Agency in Behavioral Public Policy: New Knowledge Problems Author: Malte Dold, Pomona College Abstract Taking psychology seriously in behavioral …

Organizations not Atoms: An organizational theory of development Author: John Joseph Wallis *This deck of slides is based on a …

Freedom to Choose: ESG Goals & The Problem of Convenient Values Authors: Scott E. Page and Ryan Muldoon *This paper …

Institutions and Development: Markets, Ideas, and Bottom-Up Change Authors: Bryan Cheang and Tom Palmer Published by Springer   This book …

Read here The use of algorithms in society Author: Cass Sunstein Published by Review of Austrian Economics *This paper is …

‘Too much’ and ‘too little’ content moderation: Internet governance as a case study in advanced liberal modes of government Author: …

Central banks today face four daunting informational challenges. First, they must relearn inflation control in a world with multiple complex drivers of inflation. Second, to discharge their responsibilities and enhanced lender of last resort and market maker of last resort they must learn how to value and price systemically important financial assets when markets are disorderly. Third, they must manage the ongoing digitization of the financial system – including DeFi, stablecoins, on-chain bank deposit tokens and CBDCs. Fourth, they must manage the systemic political economy uncertainty associated with the central bank’s inescapable role as a fiscal agent of the state – something that poses an unavoidable, permanent threat to central bank operational independence in the pursuit of price stability.