Economy

Only a pro-growth and government spending-cut plan will curb inflation

Economy Daniel Lacalle - November 4, 2024.

Inflation is a hidden tax. Governments create inflation by diminishing the purchasing value of the currency they issue through enormous debt and deficit spending and...

Unbearable Lightness Of Printing Big Banknotes  

Finances Emre Alkin - November 2, 2024.

There used to be a frequently repeated anecdote in Turkey. Although it might have been perceived as a joke, it actually contained a serious truth....

Central Banks Only Want to Ban Bitcoin Because They Will Destroy Money

Finances Daniel Lacalle - October 28, 2024.

If a government or central bank had the unequivocal objective of maintaining or strengthening the purchasing power of the currency they issue, they would never...

The Legacy of the Cold War: Economics Stuck Between Two Worlds

Economy Emre Alkin - October 26, 2024.

Alongside current writings, it is essential to sometimes engage in historical studies to correctly understand the causes of what is happening to us today. I...

Arkansas vast lithium reserves—a possible game-changer in the global market

Energy Tomorrow's Affairs Staff - October 23, 2024.

The recently confirmed vast reserves of lithium in Arkansas may seem like a game-changer in the global market of critical minerals but also an important...

The euro area is in stagnation despite retroactive GDP upgrades

Finances Daniel Lacalle - October 21, 2024.

It is difficult to understand how citizens demand more economic power for governments when fiscal policy fails abjectly, as we have seen in Europe. We need...

What Does the Nobel Prize in Economics Tell Us?

Economy Emre Alkin - October 19, 2024.

The Nobel Prize in Economics was awarded this year to three esteemed academics who co-authored the same study. In summary, their work illustrated that geography...

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