The most dangerous thing about Elon Musk buying Twitter outright for $44 billion is the rapidly spreading notion that his controlling an influential social media platform is dangerous. It is, but not for any of the reasons his critics assert. The current furor is dangerously misguided for two reasons. First, it assumes that one billionaire... Read More

A little known specialized bond created in 2017 by the World Bank may hold the answer as to why U.S. and global health authorities have declined to label the global spread of the novel coronavirus a “pandemic.” Those bonds, now often referred to as “pandemic bonds,” were ostensibly intended to transfer the risk of potential... Read More