Essays & News

  Modern Monetary Theory (MMT) has shifted from academic margins into policy conversations because it presents a straightforward proposition: If a country issues its own currency, it need not fear deficits; the only binding constraint is inflation. For governments facing aging populations while preparing for strategic rearmament, green investment and industrial policy, this message is […]

  Ceasefire and peace talks are now daily occurrences. A solution is certainly desirable: But on what terms, and at what price? It can be seen − after many summits and talks − that Russia does not intend to make any compromises on its position, which is disastrous for Ukraine first and foremost, but also […]

  As South Africa adapts to the new reality of a 30 percent tariff imposed on a range of goods by the administration of United States President Donald Trump, questions have emerged about whether Pretoria has taken all necessary steps to safeguard its economy against this challenge. The coalition government, led by the African National […]

  Recent developments in politics, economics and social cohesion are troubling for Europe. France is on the brink of bankruptcy, with deficits still around 6 percent of gross domestic product (GDP). Other countries – including Germany – are not much better off when one considers not only the official debt but also implicit debt. Implicit […]

  In July, JPMorgan Chase announced its decision to start imposing fees on fintech companies for access to customers’ bank account data. The largest lender in the United States sent out pricing sheets to data aggregators (intermediaries linking banks with fintech platforms), detailing new fees that vary by use case. Payment-focused startups will likely incur higher charges, […]