English

Since the end of World War II, the United States dollar has reigned as the global currency par excellence. The 1944 Bretton Woods Agreement anchored all major currencies to the dollar, which in turn was tethered to gold. However, gold was not particularly convertible, and the ceremonial link between the dollar and gold served primarily […]

“Tales of Woe: How Regulation Has Destroyed Entire Sectors of Biotechnology” Henry I. Miller (USA) Presented during XV. Gottfried von Haberler Conference -> When naive presumptions prompt hasty judgments: on the benefits and problems of genetic engineering (Wenn Vermutungen zum Urteil werden: Die Gentechnologie am Pranger). Vaduz, Liechtenstein, May 2019. Check the program and speakers’ […]

Artificial intelligence is set to reshape human life and social interactions. A critical question is whether these changes will occur gradually, or if we will encounter a transformative tipping point – potentially, one coming very soon. Geoffrey Hinton, a world leader in AI development and the technologies behind ChatGPT, recently quit his post at Google. He […]

Following the 2008-2009 global financial crisis, policymakers unintentionally created a regulatory gap that gave nonbanks – enterprises without a banking license that are allowed to offer some banking services – a considerable competitive advantage over banks. It is a problem that is now coming back to haunt them. Fifteen years ago, all eyes were on […]

As the NATO summit starts in Vilnius, just next door, in Belarus, Russian tactical nuclear weapons are being deployed, and there is uncertainty over the presence of the notorious Wagner Group militia units there. So, as Western leaders such as United States President Joe Biden, Turkey’s President Recep Tayyip Erdogan and all other NATO leaders […]