A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat money, non-gold-standard money, today, from the perspective of the ...

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Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. This voice experience is generated by AI. Learn more. This voice experience is ...

Money did originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.

This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...

Economist Lynette Zang issued a stark warning about the future of the U.S. dollar and global monetary stability, pointing to the implications of President Donald Trump's “Genius Act” and the rapid ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

TOKYO, May 16 : Bank of Japan Deputy Governor Ryozo Himino on Saturday called for a "holistic approach" in designing the global future monetary system that does not confine options to central bank ...

For more than 80 years, the U.S. dollar has been central to the international financial system, in no small part because it is the primary global reserve currency. But as in politics, narratives are ...

This article is part one of The Conversation’s “Business Basics” series where we ask leading experts to discuss key concepts in business, economics and finance. For the most part, economists continue ...