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The Rich Get Richer when Central Banks Print Money

May 5, 2019

The Rich Get Richer when Central Banks Print Money The Netherlands Central Bank has just published a fascinating new paper, titled “Monetary policy and the top one percent: Evidence from a century of modern economic history”. Authored by Mehdi El Herradi and Aurélien Leroy, (Working Paper No. 632, De Nederlandsche Bank NV: https://www.dnb.nl/en/binaries/Working%20paper%20No.%20632_tcm47-383633.pdf), the paper “examines […]

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Russian South Stream 2.0 Comes Out of the Shadows

November 27, 2018

Russian South Stream 2.0 Comes Out of the Shadows Russia and Turkey have announced that the two countries have reached significant progress in reviving the November 2014-shut down South Stream gas pipeline intended to land Russian gas across the Black Sea. The project is the part of the already secured open tender contracts for purchases […]

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California Rooftop Solar Mandate: An example of bad groupthink?

November 19, 2018

California Rooftop Solar Mandate: An example of bad groupthink? In recent news, California legislators have done a gimmick-trick that has earned the state loud applause from the environmentally-minded consumers and activists: California Energy Commission (CEC) recently voted 5-0 to add a new provision to the state’s building code. This includes a requirement that from 2020, […]

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Remember the Russian Attack on the Internet?

December 17, 2017

Remember the Russian Attack on the Internet? In 2016, a bot, named Mirai, wrecked havoc over the global internet with massive waves of DoS attacks on anything, from French telecoms, to U.S. web services, to Russian banks, to African airports and beyond. Per Wired, “As the 2016 US presidential election drew near, fears began to […]

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Ifo WorldEconomic Climate Index: 1Q 2016

February 15, 2016

Ifo WorldEconomic Climate Index: 1Q 2016 Global growth leading indicators are screaming it, Baltic Dry Index is screaming it, PMIs are screaming it, BRICS are living it, and now Ifo surveys are showing it: global economy is heading into a storm. The latest warning is from the Ifo World Economic Climate Index. Per Ifo release: […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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