What is a nation?
In the modern political tradition, patriotism has always been revered. Not only is pride in and devotion to country seen as a positive, but its absence is also often taken as a sign of moral deficiency. Nationalism, on the other hand, is more suspect. The nationalist identifies with the nation and nationalism can manifest as a political ideology, as it did [...]
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 [...]
Where herd mentality thrives and freedom dies
Finally, the Coronavirus lockdowns in Europe are slowly being eased. Britain is a laggard, but even here it seems that by the end of July we will have seen the back of most [...]
Why we will not clap for the NHS
A new ritual has entered the weekly routine in locked-down households up and down the British Iles: every Thursday at 8pm, the otherwise quarantined Brits flood the streets [...]
Why Quantitative Easing will hurt, not help the economy
The Coronavirus crisis will devastate the world economy. In addition to the human costs, the virus will lead to a precipitous fall in economic activity as workers are in [...]
Coronavirus, lockdowns and the ease of indoctrination
On an otherwise ordinary school day in 1967, Ron Jones, a young social studies teacher in Palo Alto, California, put his 10th grade students through an exercise which would [...]
10 reasons to end the lockdown
As most of the Western world is in strict lockdown to fight Coronavirus, those who are sceptical about the policy of lockdown find it hard to be heard. Mainstream media [...]