Vahan P. Roth

  Prediction markets such as Polymarket and Kalshi have evolved rapidly and transformed from niche entertainment tools to major platforms that aggregate expectations on global events. With trading volumes reaching tens of billions of dollars monthly in 2026, these markets now function as real-time indicators for politics, economics and armed conflict. As polarized narratives and […]

  The debate over Universal Basic Income (UBI), a policy in which the state provides a regular, unconditional sum of money to all citizens, is far from new. It periodically returns to the limelight every few years, discussed vigorously for a few months before slipping back into irrelevance after the idea is dismantled as unworkable, […]

  For decades, the petrodollar has been the cornerstone of American global hegemony. By ensuring that the world’s most essential commodity, crude oil, was priced and traded exclusively in United States dollars, the U.S. secured a perpetual global demand for its currency. This arrangement allowed Washington to run significant deficits and wield sanctions as a […]

  This is part three of the series on cryptocurrency. Part one can be found here, and part two is available here. The cryptocurrency sector has certainly come a long way from its disruptive, tumultuous and highly volatile beginnings 17 years ago. Yet as the industry matures and integrates into mainstream investments, it is becoming increasingly […]

  This is part two of the series on cryptocurrency. Part one can be found here, and part three is available here. Over the past several decades, government debt levels in most advanced economies have reached excesses that would have been politically and economically unthinkable only a generation ago. Borrowing has expanded relentlessly, deficits have […]