Essays & News

The European Court of Human Rights (ECHR) last week found Switzerland in violation of human rights in a ruling for “KlimaSeniorinnen,” a group of elderly Swiss women concerned about the climate. The plaintiffs claimed that every individual is owed protection from the state against the damaging consequences of climate change to their health, well-being and […]

  The track record of economic sanctions against Russia has proven what everybody in the West knew, or should have known, from the outset: this is a dubious weapon. The threat of sanctions had provided zero deterrence against Moscow’s ambition to launch a full-scale invasion of Ukraine. Since the war, the subsequent implementation of sanctions […]

  When consumer price inflation first reared its ugly head in the aftermath of the Covid-19 crisis, the initial reaction of central bankers and politicians was to dismiss it, along with anyone expressing concern over it. As Federal Reserve Chair Jerome Powell put it, consumer price increases were merely “transitory” and nothing to be too […]

  The United States economy has had a good run. Gross domestic product (GDP) growth is encouraging (2.5 percent in 2023 and more than 3 percent during the last 2023 quarter), and the February 2024 price inflation rate was down to 3.2 percent  – higher than expected but still a commendable result. The labor market is […]

  An airstrike targeted an Iranian consulate in Damascus early last week, killing seven military officers, including two generals serving in Iran’s Islamic Revolutionary Guard Corps. The Revolutionary Guards, an elite military entity crucial for the Iranian regime’s hold on power, ruthlessly suppress any opposition within the country and support terrorist activities abroad. The airstrike […]