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Venezuela-barter
Paz Gómez

Venezuelans Revert to Pre-Money Era with Barter

Venezuelans distrust their currency and government more each day, but they are taking whatever actions they can and creating networks to protect themselves. One such mechanism to tackle scarcity and rapidly inflating prices is barter.

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Blog_2017_11_21_V1
Robert Hughes

The Chicago Fed National Activity Index Rose Again in October

The Chicago Fed’s National Activity Index rose a gain in October, increasing to 0.65, the highest level since January 2012. The stronger performance of the index in October suggests real gross-domestic-product growth likely got off to a solid start in the fourth quarter.

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Brian C. Albrecht

Intrinsically Worthless to Whom?

Money is not about one person in isolation. It is social.

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MG_1121_article
Max Gulker

Smart Contracts Can Reduce Incentives to Commit Fraud

This is the third and final article in a series about blockchain-enabled “smart contracts” and their ability to address retail fraud.

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