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Aleš Michl, Governor of the Czech National Bank, argues that a small country's currency future depends on multiplying a functioning asset market with high-quality settlement infrastructure, rather than merely adding them. Citing a model from the Jackson Hole conference, he asserts these factors multiply, meaning if either is zero, the result is zero. To support this, he details the CNB's first DLT bond issued on 10 November 2026, noting transactions ran on the Prague Stock Exchange's platform with Česká spořitelna as the counterparty. He specifies bonds had a nominal value of CZK 10,000 and tested features like repo transactions. Michl further claims AI agents will soon manage digital koruna, potentially making 95% of the market machine-to-machine, while instant payments have already reduced settlement times from two days to immediate.
Tabarrok cites Are Oust showing Oslo's 1982 rent control lift reversed shortages and discriminatory demands.
Jensen Huang's ouster at Nvidia, following $5 billion in China sales, signals a governance crisis comparable to Hank Greenberg's AIG exit.
Richard Hanania argues against status-seeking consensus by noting African doctors move to America to drive cabs due to unrecognized licenses.
Noah Smith and Brad DeLong discussed the Re-Industrialization of America in the Hexapodia LXV episode on Nov 11, 2026.
Sanchez Pelayo and Harper find house-over-flat premia rose across all types and did not unwind despite stamp duty or rate hikes.
On November 12, 2026, Brad Delong praised Paul Reitter's 2024 translation of Marx's *Capital* at UC Berkeley.