Economic Policy

2025: The Year of Post-Surrealism and the Populist Perestroika

Depeche Mode in their 1990 hit single Enjoy the Silence insisted that “…Words are meaningless and forgettable… They can only do...
1 min read

In Search of a Major Technological Breakthrough. Part V. The Battle of...

Many people, particularly in the developed world, view the political events of the last five to ten years as chaos putting...
9 min read 112

In Search of a Major Technological Breakthrough. Part I. Degrowth: The...

Since 1971 we have been living in an age of price mega revolution with the average annual rates of inflation reaching...
4 min read 224

The Centenary of Vladimir Lenin’s Death and His 30 Quotes on Life, P...

January 21, 2024 is the centenary of Vladimir Lenin’s death. I am not a socialist because humans, at the current stage...
4 min read 523

From Fixed to Floating–The Fall of the Bretton Woods System

On every dollar, the US government used to print “Redeemable in gold on demand from the US Treasury,” a statement of...
4 min read 497

A Visual History of Gold (and Silver): Money, a Barbarous Relic, a Go-...

There are rumors circulating in the financial community that the BRICS countries are poised to announce the creation of a new...
5 min read 477

The Myth of “Good” Inflation and “Bad” Deflation

The myth that inflation is a “good” thing has become quite deeply entrenched over the past decades. Its proponents insist that...
9 min read 490

Money Is Power, Power to the People! A Call for a Decentralized Moneta...

Money Creation and Economic Growth Jerome Powell, the current head of the U.S. central bank, revealed that he liked this job. “Yes, …...
15 min read 288

Silicon Valley Bank, Credit Suisse, Archegos: The Risk of Achieving No...

In recent weeks the world of finance has been shaken by events on both sides of the Atlantic. First, several regional...
6 min read 305

My Human Progress Manifesto: Capitalists, Socialists, and Ordinary Cit...

The Myth of Accelerating Technological Progress and the Reality of Financialization and Excessive Consumption The year 2023 is gaining momentum. Many...
4 min read 312

In the Long Run Long-Term Government Bonds Are Safe, But We Are a Long...

Earlier in the year the Swiss National Bank, Switzerland’s central bank, released its latest report. While reading the news covering the...
8 min read 234

A Lottery Ticket to the “Green World”: A Deeper Look into the “G...

The transition towards a “green economy” has so often been discussed recently at all levels that one would imagine it is...
10 min read 440