Energy

Socially Unjust Inflation: Why Recessions Are Inevitable and Salutary

Inflation is profoundly socially unjust. Its causes lie above all in an expansionary monetary policy, and this must be stopped. If policymakers want to prevent the inevitable recession that will follow, they will only make the problems worse.

Is the West at War with Russia?

Are the costs of sanctions against Russia too high and are we ultimately harming ourselves? That depends on how we answer the question of whether it is in our own interest that Ukraine does not lose the war against Russia.

Ukraine Defends Its Freedom—And That of Russia

For years, Russian propaganda has tried to spread the narrative of NATO endangering Russia’s security. However, with his war against Ukraine, Putin is trying to thwart a free, Western-oriented Ukraine because it is a threat to his power.

The Green (Self-)Deception: Neither Progressive nor Socially Minded

The Greens in Germany are masters at absolving themselves of responsibility for stagnation and failure to modernize. Yet it is primarily they who are responsible for this. They are neither socially minded nor progressive.

How Climate Fears Can Rake in Billions

The decision of the German Constitutional Court on climate policy is presumptuous and far removed from reality. But conservatives and liberals alike are applauding it, because the fear of global catastrophe opens up an inexhaustible source of money.

Germany’s Poverty: Imported and Homemade

In Germany’s super-election year, the eternal debate about social justice is taking on even more teeth. One-sided interpretations are used by the Greens, SPD and Left Party to justify even more redistribution. The real causes are being concealed.

No More Growth—And Happiness Is Just Around The Corner

Critics of growth call for zero growth or even “degrowth”. Their fears are based on economic misconceptions and a failure to recognize the capitalist dynamic of decoupling growth from resource consumption. Moreover, they fail to recognize the needs of poor countries.

The Bolivian Fairy Tale – The Illusory Success of “21st Century Socialism”

For years Bolivia was considered a successful example of the “Socialism of the 21st century”. An apparently booming economy blinded economists and politicians and obscured the view of a regime that was in reality authoritarian and corrupt.