Discount Rates and the Safety Rules That Never Get Written
A single number buried in regulatory guidance quietly determines which safety rules pass cost-benefit review, and whose lives get counted at full value.
BusinessTax Administration Blind Spots That Shield Evasion
A country's tax administration structure creates institutional gaps that determine which evasion schemes go undetected, and why more data rarely closes them.
WorldInside the Filter: How Diplomatic Cables Reach a Minister
Most diplomatic cables never reach the minister. A look at the triage hierarchy inside foreign ministries that decides what rises and what disappears.
BusinessHow Bond Markets Discipline Governments
When voters and parliaments can't stop reckless spending, bond markets often can. Here's the mechanism, with real examples and honest caveats.