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Rather unusually, the Nobel Prize in Economic Sciences was awarded yesterday in equal parts to three professors living in the USA: Daron Acemoglu (MIT), his colleague Simon Johnson (MIT) and James A. Robinson from the University of Chicago. This honorable and prestigious award was given to them for their research into the institutions that […]
President Volodymyr Zelenskiy has been touring capitals in Europe, rallying support for more weapons and the clearance to strike Russian territory. After two and a half years of war, this is Ukraine’s only hope to protect its interests and position itself to reach an acceptable resolution to its war of defense. Washington and the […]
Most advanced economies, including those of the European Union, used to welcome foreign direct investment (FDI) with open arms, with few questions asked. Not anymore: From the late 2010s onward, these countries started to adopt inward investment screening mechanisms for foreign transactions, and the pace of adoption has increased markedly in recent years. Since […]
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 […]