Let me pick up where I left off ahead of Christmas by reiterating the fives themes for 2023 (‘War by Other Means’) that I had put together with David Skilling. The note details the trends we expect to ...

When it comes to Ether, or even Bitcoin, for that matter, what is the most basic reason to hold it? Before reading on, take a moment to consider the reasons beyond the more routine motivations related ...

Today’s surge in inflation grows out of the interplay of supply chain disruptions with large fiscal deficits. The pandemic, followed by Russia’s invasion of Ukraine, upended supply chains and produced ...