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Switzerland joins at least ten European countries, including Germany, Italy, the Netherlands, Austria and Belgium, which have said they are taking measures to prevent people arriving from Britain Keystone / Neil Hall Switzerland has joined other European countries in suspending flights from the United Kingdom and South Africa after reports of a fast-spreading new coronavirus strain. “Due to the new epidemiological situation in Britain and South Africa, the Federal...

The 2020 election failed to live up to the projections of many pollsters and Democratic strategists . The predicted landslide failed to materialize, and the Democrats lost seats in the House. This means in 2022 the Democrats will be defending a razor-thin majority in the House—a majority they’re almost certain to lose in a mid-term election if Biden is the final victor. The Democrats did well. But not that well. Nonetheless, Nancy Pelosi, in the days following the...

[Editor’s Note: This is a selection from “On Political Power and Personal Liberty in The Prince and The Discourses” from the spring 2014 issue of Social Research.] Although liberty is a recurring concern in Machiavelli’s writings, there is no consensus regarding either the definition of the concept or its relevance for his overall political thought. One direction of Machiavellian interpretation that has gained prominence in recent decades has focused on the concept...

© Pressmaster | Dreamstime.com Restaurants and cafés will progressively close once more across French-speaking Switzerland starting in the canton of Jura on Tuesday 22 December 2020. On 18 December 2020, Switzerland’s Federal Council decided to close restaurants, bars, cultural venues and sports and leisure facilities from 22 December 2020. However, exceptions were allowed in cantons with R-numbers (reproduction rates) below 1 and 7-day infection rates below the...

Thomas Gottstein became the new CEO at Credit Suisse in February 2020. Keystone / Ennio Leanza The chief executive of Credit Suisse has vowed the bank will start 2021 with a “clean slate” after a torrid year that began with a damaging corporate spying scandal and was punctuated by embarrassing fallout from legacy compliance and lending failures. Thomas Gottstein, who replaced the ousted Tidjane Thiam in February as head of Switzerland’s second-largest lender, told...

[From “The Exhaustion of the Reserve Fund” in Human Action, chap. 36.] The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for the improvement of the conditions of the less prosperous. The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution. Every measure is ultimately justified by...

Two hundred and forty-seven years ago this month, a group of American opponents of the Crown’s tax policy donned disguises and set about methodically destroying a shipment of tea imported into Boston by the East India Company. The vandals trespassed on privately owned ships in Boston Harbor and threw the tea into the ocean. These protesters were thorough. Not content with having destroyed most of the company’s imported tea that night, the activists later discovered...

© Laurentiu Iordache | Dreamstime.com Following the discovery of a new, more contagious variant of the coronavirus in the UK and South Africa, the Federal Council today decided to take steps to prevent the further spread of this new virus strain. On Sunday, 20 December 2020, all flights to and from these countries to Switzerland were halted from midnight. Today, the Swiss government announced that all those who have entered Switzerland from these two countries since...

The profit-maximizing Big Tech / Big Media Totalitarian regime hasn’t just strangled free speech and civil liberties; it’s also strangled democracy. The U.S. has entered an extremely dangerous time, and the danger has nothing to do with the Covid virus. Indeed, the danger long preceded the pandemic, which has served to highlight how far down the road to ruin we have come. The danger we are ill-prepared to deal with is the consolidation of the private-sector media and...

No daily commentary until the New Year, but watch this space for thematic pieces over the next two weeks. Here is to a safe, healthy, and prosperous 2021. Thank you for your support. You Might Also Like FX Daily, July 1: Second Verse Can’t be Worse than the First, Can it? 2020-07-01 The resurgence of the contagion in the US has stopped or reversed an estimated 40% of the re-openings, but the appetite for...