It has long been suspected that the middle class would one day disappear. Still, nowadays, with crippling inflation and millennials faced with the struggle of being unable to become property owners, this long-suspected…
Georgia has been experiencing a sharp political polarization in recent years. This will have a significant impact on the democratic development and international direction of the country.
In the previous article “First. The Rise of Javier Milei (Part 2)”, I elaborated on the workings of the so-called Cantillon effect. For the sake of conciseness, I left some common misconceptions untouched.
In an era in which sensitivities are changing and equality has become increasingly important, we are starting to realize that it is definitely not simple to flawlessly blend in free speech and inclusivity.
People dislike being ordered around, dislike not having the freedom to do what they want, dislike others having more rights and privileges than they do.
It is a commonly held belief that colleges cultivate progressive ideas, with their campuses being filled with students who are often sheltered and spend their time studying theoretical concepts with little exposure to practical…
Stadiums in the United States are not only filled by the likes of Patriots, Nets, or Warriors fans. Seats are filled and stadiums are left sold out by colleges.
Having previously examined the Argentine economic history and its role in paving the way for Javier Milei's meteoric rise (see part 1), it is time to scrutinize the most important and controversial puzzle pieces of Milei's…
19th November 2023 marked a big day for the free-market movement. For the first time, a libertarian president was elected to the highest public office.
Free speech is one of the most fundamental rights in any liberal society. It allows individuals to express their opinions, beliefs, and ideas without fear of censorship or persecution.
In a country like Italy where according to the media a widespread phenomenon of neoliberalism is forcefully acquiring more and more pieces of the economy, in this article, we will discuss political parties appointing people in…
In August of 2022, President Biden announced that he would be taking executive action under the Heroes Act to cancel student debt, an effort to make good on his campaign promise.
Immanuel Kant is widely considered to be one of the most influential philosophers of the modern era, and his ideas have had a profound impact on the development of liberalism as a political and social philosophy.
01.06.2004 – Top Georgian TV channels broadcast a man with a noticeable appearance descending from a Russian airplane in Tbilisi International Airport.
Do our entertainment preferences change? It seems like a trivial question because, as our world develops, our problems and understanding develop with it.
The title of this article may seem weirdly worded for a lot of people. «Pardon my French, sir, but what the f@ck is there to be optimistic about the climate?» I hear most people say. Well, most people would be right.
The failure of mainstream economists to timely anticipate the Great Recession of 2008 motivated young economists to explore alternative approaches to business cycles.
The recent announcement by Joe Biden about his intentions to promote a bill aimed at revolutionizing tax law for corporations begs the question of who the real disenfranchised subjects in contemporary democracies are.
In a small town close to the Swiss-German border sits one of Europe’s best kept secrets: a house on the main street, built for craftsmen in the early 20th century, stays unnoticed by most that pass by it.
When Burma (also known as Myanmar after 1989) became independent from the United Kingdom in 1948, it was a poor country destroyed by World War II, in an increasingly bellicose region of the world: China and India were resolving…
In 1871, a new approach to economics – especially in what concerns exchange and distribution – was eloquently presented by two economists: the Austrian Carl Menger and the British Stanley Jevons.
Many bibliophiles struggle to give a satisfying answer. Despite accumulating an average of nine years of TV viewing by the age of 65, the success of other media forms cannot be the sole cause of the decline in reading.
In 1974, Friedrich Von Hayek, one of the most influential representatives of liberalism, won the Nobel prize in Economics for his contribution to the analysis of the interdependences between economic and social phenomena.
Last month, an unprecedented financial event took place in which retail investors unified to beat the big, scary hedge fund managers at their own game.
Paraguay is a landlocked country in the heart of South America, with a considerably smaller population and economy than its neighbors Argentina and Brazil.
Unfortunately for its critics, Macroeconomics is yet to die. However, it is true that its foundations were profoundly shaken by the financial crisis: mainstream economists were unable to predict the bust and were able to…
Over the last days newsreels worldwide have exploded with the news and subsequent commentary of Trump’s leaked phone call with Georgia’s secretary of State Brad Raffensperger, where the sitting president appeared to pressure the…
While the world was concentrating on the pandemics and the US elections, on November 15th, 2020 15 countries signed a free trade agreement, called RCEP.
In 2002, on the occasion of the ninetieth birthday of Milton Friedman, the just appointed FED governor Ben Bernanke famously declared that Friedman’s diagnosis of the Great Depression was right.
The US and Israel’s positive diplomatic relations stem from the founding of Israel itself, but recent administrations and politicians tested this special relationship.
Besides being one of the most brilliant economists of the twentieth century, Milton Friedman was also an excellent communicator, understood by the specialists of the field and the laymen who watched him on tv alike.
“Who are Huawei’s main stakeholders? What are their interests?” are incredibly challenging concerns that are yet to be answered despite the numerous efforts from both scholars and business experts.
In the last few days, Belgium, France, Italy, Spain, and other European countries have decided to apply substantial measures to alleviate uncertainty and speculations in the markets shaken by the Coronavirus epidemic.
Global indices have hit a rough patch, to say the least. The S&P 500 dropped 7% (or more) against the previous days’ close on four separate occasions during the last two weeks, prompting the first (of three) level circuit…
One of the few certainties in the quarrelsome world of the history of economic thought is that Adam Smith fathered the free-market ideal in economics. Or at least it was, until recently.
The Federal Reserve System is the central banking system of the United States, created on December 23, 1913, with the enactment of the Federal Reserve Act.
First, the facts: from today, the Italian Revenue Agency (Agenzia delle Entrate) will have the power (and we are sure it will use it) to access every financial relationship between each Italian taxpayer and their bank during 2013…
The fight between Uber and taxi drivers has by now spilled over into society and the media. Everyone knows Uber, the smartphone app that lets any customer book a ride and anyone with a car step into the shoes of a taxi driver.
From Friday to Sunday last week the Warwick Economics Summit took place , one of the largest student-run economics events: three packed days of talks attended by speakers and students from all over the world, including a…
For those who don’t remember, the title refers to Gabriel García Márquez’s novel in which everyone knew what was going to happen except the victim (perhaps).
Quantamental investing is a new investment strategy combining fundamental evaluation performed by analysts, which is based on subjective “qualitative” parameters, with quantitative data gathered by algorithms and AI systems.
For Venezuela, 20 May will not be a Sunday like any other. For the first time since 1998, the parties of the historic opposition to Hugo Chávez will not field their own candidate in the presidential election.
Hong Kong’s flag has a red background, like China’s, and out of that bright red emerges a white flower, a bauhinia, with stylised petals that conceal stars, stars like those on the Chinese flag.
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