German Chancellor Olaf Scholz is not an economic expert. Nobody expects him to be. However, the head of government of the world’s fourth largest industrialised nation should have advisors to protect him from disqualifying himself […]
In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is […]
You can’t be radical enough if you are only liberal or libertarian. In a society that shies away from any kind of radicalism, radical liberalism is at least secretly admired. Argentina’s new president, who many […]
A good review of the current situation in Germany. Short and to the point. Read HERE
After all, eight years after the Paris Agreement, most of the world has now realised that there is a problem with fossil fuel producers. The conference known as COP 28, which has just ended in […]
Sometimes it is incredibly difficult to draw clear conclusions from simple facts because people have become so firmly entrenched in a particular world view that anything other than this picture does not exist. If, for […]
The price surge triggered by the pandemic in 2021 and the war in Ukraine in 2022, which primarily caused producer prices to soar, was considerably stronger (Figure 2), but the processes are very similar to […]
Now, at the latest, it is clear that the ECB and all those inflation alarmists were fundamentally wrong who pretended that since last summer there had been a dangerous inflation process that could only be […]
The challenges facing Eastern EU members’ economies Read HERE
In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, […]
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