Economy

Austria cancels Russian gas — a blow for the pro-Russian far right

Energy Tomorrow's Affairs Staff - November 16, 2024.

The outgoing Austrian government has taken a significant political and economic step by effectively cancelling its gas supply contract with Russian state giant Gazprom this...

Trump’s victory may be a blessing for a global economy

Economy Daniel Lacalle - November 11, 2024.

Trump’s landslide victory in the United States elections may have significant repercussions on the world economy. You may have read many scary omens, but Trump’s...

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...

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