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View More NewsThis week, we’re going to be talking about the cost of affirmative action. And by cost, I mean the literal economic cost—using as our case study, a federal Canadian program that subsidizes the salaries of university professors, providing that the university in question hits certain so-called equity targets in regard to female, LGBT, Indigenous and “racialized” academics.This program, known as Canada Research Chairs, was the subject of a recent study by my guest this week, Eric Kaufmann, a Canadian academic who’s spent most of his career in the UK—most recently as a professor of politics at the University of Buckingham.In…
Negotiators for the two political parties had hashed out more than 600 pages of legislative compromise, but a few final sections of the bill — such as the ethics provisions meant to curtail senior government officials from maintaining crypto business ties — turned out to feature insurmountable rifts. And the closer the process dragged toward the elections, the more likely it was that political pressures would get in the way of a bipartisan deal.The Senate vote on the Clarity Act failed to win the 60 votes it needed. (U.S. Senate)Leading Republican negotiator Senator Cynthia Lummis made the final pitch before…
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Carolyn Wilkins, a member of the Bank of England’s Financial Policy Committee, says the rise of stablecoins could reinforce the US dollar’s global dominance…
In brief Federal prosecutors charged two Robinhood engineers with commodities fraud and wire fraud. The employees allegedly traded perpetual futures using confidential information about…
The pullback is also showing up on Kalshi, where traders are increasingly pushing any breakthrough further into the future. The contract for a crypto…
Bitcoin (BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote…
A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must…
“The first thing we have to understand is that the state is not the solution,” Javier Milei said in his famous 2023 Afuera! video.…
SEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading and retail…
Today Civitas Outlook published a mini-symposium responding to the new book, Why Postliberalism Failed by James Patterson and Thomas Howes. Contributors include Richard Reinsch, David Schaefer.…
Ninety-five of the CoinDesk 100 fell over the past 24 hours, and bitcoin has shed more than 5% on the week. Read the full…
An attacker exploited a flaw in email platform Brevo’s login system to access 138 client accounts, enabling a phishing email to reach roughly 347,000…
Two-dozen states have legalized the adult possession of marijuana under state law. Many more have legalized the possession and use of marijuana for medicinal…
The Committee to Protect Journalists, together with eight other press freedom and human rights organizations, on Friday urged Pakistan’s Prime Minister Shehbaz Sharif to…