Essays & News

  And why does it feel like common sense the moment you see it? The economists who run central banks have been wrong about almost everything for the past fifty years. The inflation they said wouldn’t happen — happened. The recessions they said they’d prevent — happened. The stimulus that was supposed to kickstart growth […]

  When it comes to the global tech race, the European Union is so far behind it is not even near the racetrack. Lagging in almost every technological innovation category and falling behind global peers in high-tech manufacturing, the EU has turned, as usual, to regulation: local content rules (LCRs). These are supposed to save […]

  As the story goes, there are no free rides. The costs of each journey must necessarily be borne by someone. They can be broken down into three categories: the monetary costs related to the construction, maintenance and management of infrastructures; the monetary costs related to the purchase and use of vehicles; the costs that […]

The latest escalation in the Middle East came as a shock to global oil markets. Tensions had been rising, particularly following the largest United States military buildup in the region since the first Gulf War. Markets were increasingly factoring in the possibility of military action, albeit largely assuming a limited event. What followed went well […]

  The world’s primary sponsor of terrorism is the regime in Tehran. Not only is it the force behind terrorism, it also seeks the total annihilation of Israel and its people, creates civil wars all over the Middle East, develops missiles and nuclear weapons for these purposes and brutally oppresses its own population. Just two […]