Articles
Tokenization Of Real-World Assets: A Market Taking Shape
Managing the profound change demands harnessing advantages, mitigating risks, and creating careful legislation.
October 21, 2026
Two prominent Democratic presidential candidates want to impose “wealth taxes” on millionaires’ holdings. A prominent liberal economist declares that no billionaire ever made their fortune legitimately. John Cochrane, a renowned economist and the Hoover Institution’s Jack and Rose-Marie Anderson Senior Fellow, explains how and why “wealth” became a pejorative term and where we go from here.
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