Tag Archives: newsletter

America’s financial system and state are themselves the problems, yet neither system is capable of recognizing this or unwinding their fatal synergies. why do some systems/states emerge from crises stronger while similar systems/states collapse? Put another way: take two very similar political-social-economic systems/nation-states and two very similar crises, and why does one system not just survive but emerge better adapted while the other system/state fails? The...

Now that the Biden administration has settled in, it is time to reassess American policy towards Russia, China and the wider Asian scene. Is it going to be a continuation of the Trump administration’s policies, or is there something new going on? Given the continued tenure of staffers at the Pentagon from before the Trump presidency, it seems unlikely there will be much in the way of détente: it is game-on for the cold war to continue. Before delving into...

[embedded content] Tom welcomes Stefan Gleason, president of Money Metals Exchange, to the show. The idea of sound money is something that holds it’s value over time in contrast to fiat currencies. The market has chosen gold and silver over thousands of years as the money that sustains and preserves purchasing power. They focus on improving public policy at the state level via the Sound Money Defense League. There are more options for improving laws at a state level...

As Covid-19 continues to rage throughout Europe, China and Russia seem to be giving the European Union lessons in soft power on its home ground. EU members and countries nearby are turning to Beijing and Moscow for additional supplies of Covid-19 vaccines, faced with rising discontent at the slow rollout of the EU’s own vaccination strategy, supply shortages, delivery bottlenecks, poor communication and concerns about vaccine safety. China’s vaccine deliveries...

The aviation industry has been virtually grounded by Covid for a year. © Keystone/ Valentin Flauraud Business, tourism and trade union leaders have put forward an action plan to get Swiss air transport back in action as the coronavirus pandemic drags on. The “Back in the Air” plan was presented to Swiss President Guy Parmelin at Zurich airport on Thursday. Zurich Economics Minister Carmen Walker Späh said the airport is the “Suez Canal of Switzerland”, referring to...

The pandemic looms over the Swiss documentary festival, but is far from being the main topic. Some films tackle the social effects of quarantine, such as Pacho Velez’s “Searchers”, which explores how social networks helped to compensate for the loneliness of isolation. Visions du Réel After last year’s record edition during the Covid-19 lockdown, Visions du Réel – Switzerland’s largest documentary film festival that opened on April 15 – faces the challenge of...

Wie drei Frauen versuchten, die Amerikaner vom Sozialismus abzubringen 16. April 2021 – von Kerry McDonald Im Jahr 1943, als die kollektivistische Politik auf dem Vormarsch war, geschah etwas Außergewöhnliches. Drei Frauen veröffentlichten in diesem Jahr drei Bücher, die die Amerikaner von ihrem sozialistischen Taumeln befreien und sie an die grundlegenden amerikanischen Werte der individuellen Freiheit, der begrenzten Regierungsgewalt, der freien...

Keith presented his Theory of Interest and Prices at the Mises’ Austrian Economics Research Conference earlier this year. Described as one of the most interesting talks of the entire event, this episode includes his fifteen-minute presentation as well as some follow-up thoughts by Keith himself at the end. In this episode, he covers: Was Milton Friedman right about inflation? The dynamics of the central banks pushing interest below time preference, and above the...

© Keystone / Gaetan Bally Swiss courts dealt with 52 major cases of economic crime last year that amounted to CHF355 million ($384 million) in losses, the consultancy firm KPMG said on Thursday. Public institutions were especially targeted by fraudsters. The total number of documented cases was up by four compared to 2019 – well below the record peak (91) in 2015. The financial losses were also much lower than the CHF1.4 billion registered in 2016. Fraudsters...

ifo Schnelldienst 4/2021, April 14, 2021. PDF. Was Schuldengrenzen aus politökonomischer Sicht besonders attraktiv erscheinen lässt – ihre vermeintliche Einfachheit und Klarheit – birgt also auch Risiken. Es führt dazu, dass Politiker und ihre Wähler die Solidität der Staatsfinanzen über Gebühr an expliziten Bruttoschulden messen. Was aber zählt, wenn es um unerwünschte Umverteilung zulasten künftiger Generationen geht, ist staatliches Nettovermögen in einer...