Unia: Gap between highest and lowest wages is widening Keystone-SDA Listen to the article Listening the article Toggle language selector...
Read More »Industrial Policy, Green Deals, and the Well-Paid New Public Intellectuals
The renaissance of industrial policy has been promoted by a breed of public intellectuals with considerable financial interests as they are well paid consultants for governments.Our new book, Moonshots and the New Industrial Policy: Questioning the Mission Economy, takes a critical look at the renaissance of state capitalism and interventionist industrial policies. The book features contributions from 23 different scholars, it is published by Springer and available...
Read More »How the Federal Government Conquered Utah
[Unpopular Sovereignty: Mormons and the Federal Management of Early Utah Territory, by Brent M. Rogers, Nebraska University Press, 2017, xiv + 383 pp.] Behind its clinical-sounding subtitle about “federal management,” Brent Rogers’s Unpopular Sovereignty contains essential history for understanding how American westward expansion paved the way for the growth of federal power during and after the American Civil War.Contrary to the popular myth that the settlement of...
Read More »The Fable of the Economic “Soft Landing”
According to some commentators, to counter inflation interest rates in the US must increase to a level that effectively restrains the economy. It is held that this increase in interest rates does not have to cause a recession if Fed’s policy makers could orchestrate a “soft landing.” The economy is portrayed as a spaceship that occasionally deviates from a path of “stable” economic growth and “stable” prices. All that is required to fix the problem is for the central...
Read More »What Switzerland can learn from Silicon Valley – Connected through Innovation
In this episode, SWI swissinfo.ch sat down with Claude Zellweger, Google's in-house design guru. We discussed the role of designers in tech innovation, AI, and the future of education. He also shared his thoughts on the challenges facing the tech industry and how we can overcome them by putting people first. Listen to the full episode here: https://www.buzzsprout.com/910414/15499565 #siliconvalley #google #switzeland #technology #podcast --- swissinfo.ch is the international branch of...
Read More »American Peronism: Kamala’s Plan to Ruin America’s Economy
Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency.These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, this is the most radical socialist economic plan ever announced by the Democrats.According to the Committee for...
Read More »Kryptowährungen: Aktueller Marktbericht zu Bitcoin & Co.
<a href="/devisen/bitcoin-dollar-kurs">Bitcoin</a> ist am Nachmittag 64.135,14 US-Dollar wert. So stieg der <a href="/devisen/bitcoin-dollar-kurs">Bitcoin</a>-Kurs um 17:11 um 0,16 Prozent gegenüber dem Vortag, als er noch bei 64.033,19 US-Dollar stand.Daneben fällt <a href="/devisen/bitcoin-cash-dollar-kurs">Bitcoin Cash</a> um -0,29 Prozent... [embedded content]...
Read More »Swiss villages grapple with aftermath of deadly landslides. #switzerland #globalwarming
Watch this video about recent landslides in Switzerland.
Read More »Week Ahead: Inflation Gauges and Stretched US Dollar Drop
In the middle of last week, the Fed funds futures discounted 103 bp of cuts this year. There was some movement but after Fed Chair Powell’s, but the market finished the week with 104 bp of cuts priced into the Fed funds futures curve. The two-year note yield settled at a three-week low and the dollar slumped. The Dollar Index's 1.7% lost last week, its fifth consecutive drop and the largest weekly decline of the year. Although the euro rose to $1.12, its best level...
Read More »Presidential Election or Economic Illiteracy Contest?
The 2024 Presidential election appears to be a showdown between two major party candidates vying to display the most evident lack of understanding of economics. On one hand, Donald Trump advocates for hyper-protectionism and even entertains the idea of reverting to mercantilism, in addition to proposing that the President should have influence over setting interest rates at the Federal Reserve. Despite the glaring absurdity of the latter proposal, it does carry...
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