Itamar Rabinovich, Israel’s former ambassador to the United States, is President of The Israel Institute (Washington, DC and Tel Aviv) and is a senior scholar at Tel Aviv University, New York University, and the Brookings Institution.
Navi Radjou is a Silicon Valley-based innovation and leadership adviser and winner of the 2013 Thinkers50 Innovation Award. He is a co-author of the forthcoming book Frugal Innovation: How To Do More With Less.
By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.
reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.
sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?
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