Month: June 2020
Racism in the welfare state
Anti-racism protests have engulfed the West. What started as a legitimate protest about police violence in the US soon morphed into a general challenge to [...]
How the world forgot the crimes of communism – 2: The cover-up
The crimes perpetrated by the Nazis during the second world war hold a unique place in the conscience of the world. More than 15 million people were murdered [...]
How the world forgot the crimes of communism – 1: The crimes
In the 20th century, an unfathomable catastrophe played out in Russia. As first Vladimir Lenin and then Joseph Stalin forced through their Bolshevik workers [...]
Wall Street vs Main Street in one chart
Last week, the Liechtenstein based investment company Icrementum AG published the 2020 edition of their annual In Gold We Trust research note. The whole paper [...]
Efficient capital allocation falls victim to Coronavirus
Few problems in economics are so fundamental and so misunderstood as the issue of capital allocation. We live in a world of finite resources that need to be [...]