Op-Ed

Inflation as a Political Power Play Gone Wrong – Project Syndicate op-e

The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved before the pandemic locked down the country and disrupted global supply chains? Was it Russia, whose invasion of Ukraine took […]

Here is what Central Banks could do to stem inflation without crushing the poor or killing off the Green Transition – The Guardian

Inflation is a disease that disproportionately afflicts the poor. Even before Vladimir Putin unleashed his brutal war on Ukraine, whose byproducts include soaring energy and food prices, inflation was already over 7.5% in the US and above 5% in Europe and the UK. Calls for its taming are, therefore, fully justified – and the interest rate rise in the US, […]

Cloudalists: Our New Cloud-based Ruling Class – Project Syndicate op-ed

Capital is everywhere, yet capitalism is on the wane. In an era when the owners of a new form of “command capital” have gained exorbitant power over everyone else, including traditional capitalists, this is no contradiction. ATHENS – Once upon a time, capital goods were just the manufactured means of production. Robinson Crusoe’s salvaged fishing […]

Why Stop at the Russian Oligarchs? Project Syndicate op-ed

At a time when Russian bombs are destroying Ukrainian cities, there is good reason to focus on the oligarchs supporting the Kremlin. But do American multi-billionaires and Saudi princes enjoy less political clout, stash less money abroad, and use their influence any better? ATHENS – No sooner had Roman Abramovich, newly targeted by the United […]

Surprise, Surprise……The Washington Post Publishes a Commentary Full of Lies Against Putin

On January 29th, The Washington Post published an op-ed by the well-known Yale historian Timothy Snyder, titled “Putin’s case for invading Ukraine rests on […]
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