In September 2024, the suffocating reality of a shoebox apartment in Manhattan—coupled with the relentless ascent of metropolitan rent—forced a decision that would alter the course of the next year. It was a modern-day On the Road, a Kerouac-inspired odyssey for the digital age. My partner and I made a…
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By Şebnem Kalemli-Özcan July 16, 2026 The global financial architecture, long anchored by the hegemony of the United States dollar, is undergoing a profound structural metamorphosis. As geopolitical tensions rise and the specter of "de-globalization" shifts from theoretical discourse to tangible policy, policymakers and market participants alike have begun to…
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When the landmark tax reform legislation of 2025 was signed into law, the corridors of wealth management and the offices of nonprofit organizations were filled with a singular, anxious question: How will this fundamentally alter the landscape of American giving? One year later, as the dust settles on the 2026…
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By Barry Eichengreen July 3, 2026 The global financial markets are currently gripped by a fervor not seen since the dawn of the internet age. A wave of “mega-IPOs”—massive public offerings for companies at the vanguard of Artificial Intelligence, orbital logistics, and deep-space infrastructure—has unleashed a torrent of speculative enthusiasm.…
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When the landmark tax reform legislation of 2025 was signed into law, the charitable sector held its collective breath. Financial advisors, non-profit leaders, and high-net-worth donors braced for a period of turbulence, expecting that shifts in deduction limits and AGI (Adjusted Gross Income) thresholds would fundamentally alter the way Americans…