The final stage of a great power’s decline is often marked by a shift towards finance-driven capitalism. In the 1980s and ’90s, finance-driven capitalism was touted as the future of economic prosperity. However, this narrative [more…]
To: Professor Don Boudreaux, George Mason University From: Patrick Barron Date: July 21, 2024 Dear Don, I read your latest Café Hayek post “On Making the Case for Free Trade” in which you respond [more…]
Executive Global: (EG) We saw a heavy-handed totalitarian response to the events of 2020, something that you also noted and discussed when you recently sat down with HSH Prince Michael of Liechtenstein. What were the [more…]
For the longest time, according to conventional and widely embraced wisdom, all responsible and prudent members of society had to have a savings account. All those hardworking taxpayers and all those forward-thinking and sensible individuals [more…]
Regulatory agencies are not needed and actually retard whatever good they are suppose to prevent or mitigate. I’ll give just three quick examples. The Center for Disease Control (CDC) The underlying rationale for the CDC [more…]
The differences in the performance of the “Hustler Man” in Kenya and the “Upright Man” in Burkina Faso is a function of genuine belief in transformational leadership, on the one hand, and mere self-serving populist [more…]
As long as cartels and cockroach ideas rule the roost, coffee farmers will continue to vote with their feet. Because farmers owe themselves an income, be it from bananas or avocados, it does not matter. [more…]
The UN is actively addressing the challenges of international tax cooperation in the digital era, highlighting the necessity to revamp existing rules. A recent UN report offers three options: a legally binding multilateral convention, a [more…]
The Structural Adjustment Programmes of the early 1990s left ordinary Kenyans reeling under extreme economic hardship. Three decades later, SAPs are back, the Bretton Woods methods of inflicting economic pain on Kenyans unchanged. 18 January, [more…]
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