Category Economics
Why are some countries poor and others are not? Many people have asked that questions and multiple theories exist. Unfortunately, the most false explanations are dominating the intellectual discussion. For some time, a fashionable answers has been that the wealthy… Continue Reading →
The 2018 documentary “The Spider’s Web: Britain’s Second Empire” by Michael Oswald enjoys great popularity. The film has over 5 million views on YouTube with most of the comments being very positive. And indeed, it is a very well made… Continue Reading →
It has been five years since I last wrote about crypto currencies. So far they have not become worthless, so they are holding up better than I thought. Time to revisit the argument for and against them. I can see… Continue Reading →
There cannot be a price for a human life. This is the major assumption behind closing down society in this pandemic. Life is so precious that it cannot be calculated in economic terms. Anyone thinking otherwise must be a greedy,… Continue Reading →
I heard some libertarians say that we live in the most superstitious times since the middle ages. Observing what is going on at the moment, one is tempted to think that even the middle ages do not compare. We are… Continue Reading →
On the 29. March, the UK is suppose to exit from the EU. That day is not very far away, and yet it is still not clear how exactly this exit is going to happen. Possibilities range from a clean,… Continue Reading →
Jordan Peterson is surfing on a wave of popularity. Within a very short time, the Canadian professor has managed to create a cult like following. This is not something he intended. All he did was to stand up for his… Continue Reading →
There is a widespread believe that we are currently witnessing the start of an electric driving revolution. Wherever I look, commentators seem to be in agreement that fossil fuels are on their way out. The only point of debate is… Continue Reading →
I am calling it. What we are seeing in the markets right now is the start of the next big financial crisis. The huge bubble in government debt has begun to burst. It took a few years, but investors have… Continue Reading →
Crypto currencies were one of the big stories of the now ending year 2017. These once geeky little software projects have truly hit the mainstream, and exploded in price. Bitcoin valuations are now featured in pretty much any major newspaper…. Continue Reading →
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