A New Era: Politicians and Central Banks Reinvent the Wishing-Table
Unbelievable national debts and deficits, direct access of politicians to the printing press and unconditional payments to citizens in the USA. The EU, for its part, is embarking on the path of massive new national debt. Can this possibly end well?
Money Glut, Debt, and Rolling Central Bank Guarantees: Full Steam Ahead towards the Abyss
Central banks have become prisoners of their own policies with their perpetual monetary glut. Everyone knows this, and everyone knows that everyone knows it. But proclaiming a different message, they shirk responsibility. The party must go on at all costs.
Our Superstate: Controlled by Party Headquarters, Bureaucracies—and Central Banks
A new book by Beat Kappeler shows that the separation of powers is being undermined, parliaments are being commanded by governments and bureaucracies, and the debt economy is being financed by central banks. The author also proposes remedies for these issues.
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.
For Eurozone Countries, the Problem Is Not So Much the Coronavirus, but Italy
The Italian people are hardworking, noble, and clever but held back by their own decadent institutions. With no end in sight, this mess hurts the entire European monetary union. It would be better for Italy and the other eurozone nations if Italy had an orderly departure from the euro.
What Comes after the Coronavirus Crisis – More Socialism or More Capitalism?
Statism is on the rise, despite the fact that western nations were ill-prepared for the Coronavirus pandemic. Old leftist demands are now given even more credence than usual. How can classical liberals and capitalists counter this statist impulse?
The Coronavirus Crisis Shines Light on the Debt Spiral
The coronavirus crisis has exposed once again the fragility of our debt-based economic system. There are alternatives to this artificial system of the last 70 years. There are ways that we can better incentivize saving, which will create not only more productivity but more robustness.
The Political Management of the Coronavirus Crisis: The Potential Harm of Damage Compensation
We could be facing the biggest economic crisis of all time. Will politicians be able to learn the lessons from this and use the crisis as an opportunity for a new beginning in economic and public health policy?
