Essays & News

  Several important events occurred in the economy this June. Topping the list was the record initial public offering of SpaceX, which will be followed by two IPOs in the artificial intelligence sector: Anthropic and OpenAI. On the less positive side, inflation remains elevated and public debt continues to soar across the developed world, including […]

  Education is a key driver of human capital. Countries that develop the skills and talents of their populations enjoy lasting advantages in productivity, entrepreneurship and scientific discovery. For this reason, education policy has always been closely linked to long-term national competitiveness. Today, however, the global education landscape faces a significant challenge. Artificial intelligence is […]

  For decades, the petrodollar has been the cornerstone of American global hegemony. By ensuring that the world’s most essential commodity, crude oil, was priced and traded exclusively in United States dollars, the U.S. secured a perpetual global demand for its currency. This arrangement allowed Washington to run significant deficits and wield sanctions as a […]

  Nimmt das Versagen der Top-Manager zu? Laut Handelsblatt schieden im letzten Jahr 176 der weltweit wichtigsten CEOs aus. Das sind angesichts der 1855 börsennotierten Top-Unternehmen stolze 9 Prozent. 35 von 176 CEOs verließen ihr Haus nach weniger als 36 Monaten. Ein prominentes Beispiel aus jüngerer Zeit: Markus Duesmann. 2022 musste er nach nur drei Jahren […]

  The doctrine of the liberal state’s upper bound: An algorithm for delimiting state intervention One of the most fundamental and contested questions in political science concerns the proper functions and scope of the state. Its importance is such that it may plausibly be regarded as the central question of political theory. Different schools of […]