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A sideways look at economics
Quit while you’re ahead
The iconic Casino de Monte-Carlo perches on a cliff in the Monte Carlo district of the Principality of Monaco, overlooking the coastline of the French riviera. Princess Caroline, the de facto regent of Monaco, officially opened the palatial gambling den in July 1865 as she sought to turn the principality’s finances around. Two towns — Menton and Roquebrune — had broken away from Monaco, taking with them their much-needed tax revenues. The casino flourished and succeeded in transforming Monaco’s economy, attracting wealthy foreigners from around the world. However, the princess issued a stark decree which is still in effect to this day: all Monegasques are forbidden by law to gamble and to enter any casino. Her concerns were based on moral and financial grounds. Was she right to do this?
Thank Fathom it's Friday
Built to last, struggling to change
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Clean streets or voting sheets?
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Investing in women
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Why I don’t live on Easy Street
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The illusion of confidence
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Let’s talk about nostalgia…
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Give it up for Lent
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How to play 4D poker
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Fathom: In Conversation is our economics podcast.
Fathom’s ten-part podcast series, The rise of China, is essential listening for anyone who wants to understand more about the Middle Kingdom. Each short episode features conversations with Fathom’s economists who share unique insights from their research to tell a well-rounded story of China’s past, present and potential future.