On his last tour of Europe and the Middle East In 2016, Barack Obama, the President of the US at the time, stated: “We are fortunate to be living in the most peaceful, most prosperous, most progressive era in human history… If you had to choose a moment in time to be...
In the shadow of the Keynesian revolution that replaced the neo-classical, laissez-faire approach to capitalism after WWII, a political and economic fringe was picking up momentum in the US. The aforementioned Austrian school economist, Ludwig von Mises, who was...
The rise of capitalism lasted for several centuries. Overall progress was discernible until roughly the mid-1970s. However, it was a bumpy ride, with many ups and downs and a large number of casualties. In the very early stages of capitalism, industrialisation was, by...
If the financial market and consumerism are capitalism’s legs, quantification and competition can be seen as its right hand (quality and cooperation being the inferior, left one – unless, of course, you are left-handed). There is no intention here to emulate the...
In the 17th century, France was a dominant power, considered the leading force of a new world order. But then things started going wrong. France was losing a war against the much smaller and less wealthy England. How was that possible? What was France doing wrong? To...
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