Essays & News

  Europe faces a rising wave of terrorism and increasing crime, yet its political elites struggle to address the situation effectively. They often misidentify the root causes – likely due to ideological bias – leading to misguided measures. Taylor Swift’s concert in Vienna was canceled due to a terrorist threat, and France and Germany imposed disproportionately high […]

  Once driven by market forces, China’s stock market now serves as a strategic instrument in a tightly controlled mixed economy. Under previous administrations, there was a notable push toward pro-market reforms, which allowed for a degree of responsiveness to global financial trends. However, with President Xi Jinping at the helm, the landscape has changed. […]

The Biden administration appears happy with the performance of “Bidenomics” over the last several years; the stock exchange is rising and unemployment is low. However, this was achieved by injecting massive liquidity into the United States economy. The price for that has been the accumulation of huge additional debt and rising inflation. A visit to the […]

  Javier Lanari, Milei’s Media Sub-Secretary, claimed that Argentina’s annual inflation dropped from 17.0% to 8% in record time. This statement has been heavily promoted by Milei’s administration, likely for political reasons—face-value numbers are easy to market as a success. However, I question the use of these figures, as well as Lanari’s enthusiastic yet premature assertion that […]

  A year has passed since Turkey’s government made an important shift in economic policy, followed by additional orthodox monetary steps, and the encouraging results may offer President Recep Tayyip Erdogan a path to retain the presidency for years to come. The question is whether he will ride on a wave of improving economic indicators […]