It doesn’t matter what country you are in, regulators always seem to be reworking rules to make their markets better. The problem is that, often, different market objectives (and their solutions) ...

The United States spent the 2010s incrementally upgrading bank-based magnetic-stripe cards with chips. Meanwhile, China leapfrogged the legacy card-based system by rolling out digital wallets and ...

Discover how Oliver Williamson, a Nobel laureate, transformed economic thought with Transaction Cost Economics and influenced policy beyond traditional markets.

Senator Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, recently issued a statement and analysis of the draft Republican market structure bill asking for major fixes. The ...