What is fascism?
The word “fascism” is often used – and mis-used – to describe politicians and policies which are perceived to be somehow aligned with totalitarian ideas. But while it is often apparent right-wing policies that are described as fascist, in fact, fascism shares its ideological roots with progressive politics.
Indeed, to understand fascism, we [...]
Why the Oscars’ new woke rules are so sinister
Last week, the Academy of Motion Picture Arts and Sciences announced that the Academy Awards, better known as the Oscars, will introduce new “inclusion standards” for [...]
High status, big power: the evolution of extreme opinions
Most people are opinionated. But many don’t really have any opinions of their own, rather, they adopt those opinions that they derive utility from. In politics, it often [...]
Government response to the pandemic is a catastrophe in the making
Economic history is marked by a series of paradigm changing moments. The response to the Great Depression saw Keynesianism triumph, the collapse of Bretton-Woods system of [...]
What about reparations for slavery?
The issue of reparations for slavery is once again dominating headlines. In a time of heightened racial tension in America and beyond, the question of whether today’s [...]
Orwellian Britain arrests 12-year old for offensive text
Britain’s dystopian hate crime laws were applied for perhaps the most absurd reason this week, when a 12-year old boy was arrested by West Midlands Police for sending an [...]
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 perceived [...]
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 in the Third [...]
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 revolution and [...]
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 is worth a read [...]
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 allocated towards [...]