Essays & News

  In recent years, the resurgence of inflation in the United States and other advanced economies has brought a revival of conflict theories of inflation (CTIs). These theories, which are gaining momentum in academic and policy-making circles as well as the popular press, posit that inflation is fundamentally the result of distributional conflicts among various […]

Europe consists of a variety of countries and cultures with distinct traditions. The competition between them has long been the driver of developments. But Europeans also had something in common that was the fundamental component of success: a Christian heritage with its demand for self-responsibility and the call to “love thy neighbor.” Responsibility and respect […]

  Gold has been making headlines in the financial press for quite some time now, thanks to its stellar performance. Since October 2023, the price of gold has been making robust gains, hitting an all-time high of $2,480 per ounce on July 17. This is a significant jump from its previous record of $2,075, set […]

The worlds of media and politics are now consumed with the United States presidential election. Much of the speculation ignores, however, that whoever becomes president will be confronted with certain facts and developments they must address. This shows that it is not so important who the U.S. president is, at least not in international affairs. […]

  In a significant legislative move, Argentine President Javier Milei has successfully passed his omnibus law, known as “Ley Bases.” This marks a crucial milestone in his administration as he transitions into the second phase of his government. Central to this phase is a new monetary regime, which was a major promise of his presidential […]