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“This is a mess”: QE isn’t working – and neither is government

  By Erik Sass, TES Editor-in-Chief   Collectively and individually the countries of Europe face economic problems that they are either unwilling or unable to confront due to a lack of political courage, despite the availability of effective remedies. That was the bleak takeaway from a panel discussion of economic and political experts at the […]

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Time for a new generation of cities?

  By Erik Sass, TES Editor-in-Chief   One interesting (and paradoxically characteristic) aspect of our frenetic modern world is how rarely we found new cities. After all, for thousands of years it was perfectly normal to “pick up sticks” and start a new settlement. Most of the great cities of Europe are products of Greek, […]

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Will Blockchain Undermine Central Bank Control – Or Amplify It?

By Erik Sass, TES Editor-in-Chief     Since the launch of Bitcoin in 2009 cryptocurrencies have proliferated, powered by blockchain technology using distributed computing platforms. Many have grown with the belief that they will remain free from the control of central banks and treasuries, thus providing an alternative to fiat currencies, whose value may change […]

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“Brexit is not going to be the only game in town”

  “What matters to voters and who do they trust in this election?” By Professor Anthony Heath, Dr Lindsay Richards and Dan Snow, courtesy of UK In a Changing Europe   Historically, the state of the economy in the run-up to an election has been one of the best predictors of the outcome, and so it is not usually thought wise […]

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Why a wealth tax would fall flat in the U.S., as elsewhere

  “Wealth Tax Revenues” By Chris Edwards, courtesy of the Cato Institute   Presidential candidates Bernie Sanders and Elizabeth Warren have each proposed an annual wealth tax on the richest Americans. There are so many flaws with such a tax that it probably would not pass Congress. If it did pass, it would likely be […]

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It’s not just USMCA: Canada needs to tackle internal trade barriers, too

    “Provincial Trade Barriers Shoot Canadians in the Foot”   By Fergus Hodgson, courtesy Frontier Centre   If there is one finding of near unanimous consensus among economists, it is that free trade increases productivity and boosts growth. The flip side is that tariffs, quotas, and other trade barriers generally reduce welfare.   By how much? […]

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China Loses, Mexico Wins? Not So Fast!

  “China Loses, Mexico Wins?” By Manuel J. Molano, courtesy of IMCO and El Sol de México   Last September, Shannon O’Neil published an article in Bloomberg that said Mexico should benefit from the US trade war with China. O’Neil mentioned the openness of the Mexican economy, which is higher as a percentage of GDP than […]

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“A European pillar in NATO is overdue”

  “After the EU elections: Perspectives and priorities for 2019-2024” By Herman Van Rompuy, courtesy of the EPC   EPC President Herman Van Rompuy delivered the following speech at the EPC Annual Conference on 6 November 2019 in Brussels.    I want to talk to you today about European unity, European sovereignty and the future […]

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30 Years After the Fall

  This originally appeared in Investors Business Daily on November 8,  2009, under the title “20 Years After the Fall.” By Dan McGroarty, TES GeoPolicy Editor   Twenty years ago, late on a Thursday evening in Berlin, the cement and concertina-wire symbol of the Cold War was breached, inadvertently opened by a botched answer of a […]

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Legalize It: CDC vaping findings support ending pot prohibition

  “CDC Study on Vaping‐​Related Lung Injuries Strengthens the Case for Cannabis Legalization” By Jeffrey A. Singer, courtesy of the Cato Institute   In what it hailed as a “breakthrough,” on November 8, the Centers for Disease Control and Prevention published the results of its analysis of lung fluid samples from 29 different patients hospitalized for vaping […]