Essays & News

  Economics holds a unique status among other sciences. However, rather than being its privilege, this is in some respects its unfavourable feature, which often causes difficulties for its scholars. For the work of an economist is by its very nature a somewhat thankless one, when he must avoid the effort of gaining public recognition […]

  One year ago, Hamas launched a brutal attack on Israel, killing over 2,000 civilians, including infants, and taking hundreds of hostages. This savage act of violence led to an escalation over the past year that has ignited conflict across the region. We must ask: What is the logic behind such irrationality? To analyze this, we must separate […]

  Leading German economic agencies have revised the country’s forecast for 2024, predicting a decrease of 0.1 percent in gross domestic product. What is happening to Europe’s largest economy? Looking at Germany’s situation, one cannot help but wonder. Even the most outlandish fiction would struggle to match this level of absurdity. This comment will not delve into […]

  Politicians do not pay much attention to demography. Given their electoral horizons, this is hardly surprising. The so-called demographic crisis and its consequences unfold over decades, while in most countries elections of some sort take place at least every two years. Little heed is paid to whether, in the near future, the electorate might […]

  Historian Christopher Clark wrote the impressive book on how the European powers sleepwalked unnecessarily into World War I at the beginning of the last century. Can we learn something from this? There has been no period in history without war. Europe had the unique chance of a very long peace, mainly protected by the United […]