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“Harder years, tough years are coming,” Frank-Walter Steinmeier told his country on Friday. At least with this warning, Germany’s Federal President was being honest. Read more
The British Prime Minister received an unflattering open letter. Its signatories were 364 economists, all united in condemning her economic management. Read more
In October 1922, a young journalist and agitator from the hard right marched to Rome to seize political power. This month, a 45-year-old former journalist with far-right leanings is also running for office in Italy. Read more
I have a good relationship with my parents. However, when the subject of visiting them for Christmas came up, their answer was: “You’d better not come!” In every respect, Germany is expecting a miserable winter. Read more
Have you heard of Leonardo's masterpiece, The Muppets' Last Supper? Or Kandinsky's colourful Swirling Music Notes? Read more
During the European sovereign debt crisis, I contributed a regular column to the Australian magazine Business Spectator. One week, I noticed a tiny bit of hope, which I wanted to write about. Read more
The situation was dire as the country went to the polls. Certainly so, according to a pamphlet produced by the opposition leader. Read more
The year is AD2022. The West is united against its many foes. Read more
A research note released today by The New Zealand Initiative mainly attributes the outbreak of inflation in many economies to central bank mistakes. Co-authored by Graeme Wheeler, former Governor of the Reserve Bank of New Zealand, and Bryce Wilkinson, Senior Research Fellow at The New Zealand Initiative, the paper argues that central banks overall: were too confident about their monetary policy framework; were too confident about their models; were too confident they could control output and employment; lost their focus on price stability and took on too many mandates; faced conflicts in some cases with conflicting ‘dual mandate’ objectives; and were distracted by extraneous political objectives, such as climate change. Read more
It is summer in Germany, and traditionally that is not good news. Or rather, it is not a good time for news. Read more