A potential future of work that is increasingly automated is cause for concern among economists, workers, and policymakers, among others. In a new working paper, Anton Korinek and Mega Juelfs outline the problems that could arise and potential policy solutions, including ideas proposed elsewhere like a universal basic income.
While stablecoins could produce important consumer benefits and valuable competition in the payments space, current regulation of stablecoin issuers is woefully inadequate, write Howell Jackson, Timothy G. Massad, and Dan Awrey. Their new working paper outlines a framework to put the “stable” in stablecoins without having to enact new legislation.
Cryptocurrency has erupted into the mainstream, with one out of five Americans reporting that they have traded crypto. Meanwhile regulators have struggled to keep up. At a recent event, Commodity Futures Trading Commission Chairman Rostin Behnam offered his perspective on the governance of crypto markets. Aaron Klein sums up five key takeaways from Benham’s keynote and the panel discussion that followed.
