QE, as it became known, came of age in the aftermath of the financial crisis of 2008, though it had been part of the central banking toolkit for years. The term “quantitative easing” was coined
Running between Tokyo and Shin-Osaka, the Tokaido Shinkansen was the world’s first high-speed rail line. Its construction was approved in 1958, with completion in time for the Tokyo summer Olympics in 1964. The so-called bullet
The launch of M-Pesa in 2007 by telecom firms Safaricom and Vodafone made Kenya a leader in expanding the financial inclusion of poorer people as the global pioneer of phone-based banking: a cheaper, more efficient,
Signed into law by President John F Kennedy as part of his New Frontier programme in 1963, America’s Equal Pay Act was aimed at abolishing wage disparity based on gender. In passing the bill, Congress
All over the world, people tend not to save enough for their retirement. That is why the state pension, pioneered by Prussian Chancellor von Bismarck in the late 19th Century, was one of the great
Economic and monetary union was a recurring ambition for the European Economic Community and then the European Union from the 1960s onwards. However, it was a difficult journey, as troubled international currency markets threatened the
Oliver Cromwell once described English land law as “an ungodly jumble”. More than 350 years later, Dag Detter has a similar view of the way cities and countries value what they own. Their property and
Giving Tuesday was launched in 2012 on the Tuesday after American Thanksgiving, as an annual celebration of generosity in all its forms. It has grown rapidly into a global grass roots movement, drawing together people
Calling himself a “militant moderate," Peter Schuck, quite literally, wrote the book on good and bad government. A professor of law and public policy at Yale for almost four decades, he is a global expert