Showing results for "The Power of No" in Money & Finance

In 2004, Argentina’s President, Nestor Kirchner, appointed Martín Redrado to lead their country’s Central Bank. It was the logical choice, considering that Harvard-educated and Wall Street-seasoned Redrado brought to the table an extensive knowledge of world economics. Redrado’s primary assignment as president was to provide monetary and financial stability to a country wrecked with cyclical breakups. In early 2010, Cristina Kirchner ordered the Central Bank to fund public spending and pay national debts. Martín Redrado refused.

The death of George Floyd and subsequent Black Lives Matter protests have made clear to everyone the vicious reality of racism that persists today. Many of those privileged enough to be distanced from racism are now having to come to terms with the fact that they continue to prosper at the...