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Nestlé presents growth plan Keystone-SDA Listen to the article Listening the article Toggle language selector...

In April 2024, dissident and writer Oleg Radzinsky published his essay ‘So this is what they are afraid of’ in the Republic project. Radzinsky believes that regionalism can be a successful method of fighting Vladimir Putin's regime. Contents of the Elena Servettaz interview: 00:00:00 Teaser for the episode 00:00:45 New hero of On The Record dissident and writer Oleg Radzinsky 00:02:47 I am not an opposition politician 00:06:16 Non-participation 00:07:06 On the struggle and...

Popular understandings of economics often attempt to incorporate the methodology of natural sciences as the supposed key to economics. Some economic experts are of the view that the methods employed by the natural sciences, such as advanced mathematics, are important tools for the assessments of historical data to establish the state of an economy. It is also believed that the knowledge secured from the assessment of the empirical data is likely to be tentative since...

On October 25, ABC News published the results of a survey of 2,392 registered voters where 44 percent of the respondents said that Donald Trump is a fascist, while 23 percent said that Kamala Harris is a fascist. There was even a 5 percent overlap between the two groups—respondents who characterized both Trump and Harris as fascists. Only 32 percent of the respondents thought that neither candidate is a fascist. Is America really in danger of turning fascist?The...

On his podcast “Verdict” November 13, Ted Cruz mentioned one of my favorite books by Ludwig von Mises: Bureaucracy. He mentioned it in reference to the “Department of Government Efficiency” that was also announced by President-elect Donald Trump on the same day. Cruz brings up a crucial point to the conversation surrounding this plan, pointing at Mises for getting it right. The idea lingers that this Department will make government efficient; that is why you need two...

Overview: The US dollar has begun the new week consolidating in a mixed fashion against the G10 currencies. Bank of Japan Governor Ueda remains circumspect and did not provide guidance about next month's central bank meeting. Without positive guidance, the market sold the yen, but the swaps market shows about 13 bp of tightening has been discounted, up a couple of basis points from a week ago. Leave aside the New Zealand dollar, which is also under pressure ahead of...

In the ever-evolving landscape of economic theory and policy, few concepts have been as influential and controversial as Joseph Schumpeter’s “creative destruction.” This powerful idea, which describes the process by which innovation continuously reshapes markets, challenges conventional wisdom about competition, monopolies, and the role of government intervention. As we grapple with the complexities of the digital age, the tension between creative destruction and...

Last month, the IMF stated that “our forecasts point to an unforgiving combination of low growth and high debt, a difficult future,” emphasizing that “governments must work to reduce debt and rebuild buffers for the next shock, which will surely come, and maybe sooner than we expect.”This advice comes with a warning. At the current rate of spending, the US debt to GDP will reach 198% by 2050 even without expecting a recession. The G-7 public debt to GDP is expected...

The Compass Initiative calls for important treaties to be approved by the people and the cantons. Keystone / Peter Klaunzer Listen to the article Listening the article...

At the last FOMC meeting, Jerome Powell was asked if they were concerned that inflation expectations are “de-anchoring, or put another way, are anchoring at a slightly higher level?” His answer specifically referenced the 5x5 forward inflation expected rate. He could have used many data points to answer the question. However, the fact that he specifically mentioned the 5x5 rate gives us an inflation expectations benchmark to better gauge how the Fed will manage...