Paternalism is characterized by one’s inclination to override another person’s preferences. This requires that some have a superior understanding of what is in the best interest of the others. Of…
Online Articles
Bank of England makes the case for taxpayer bailouts of central banks: it’s mandatory
Introduction The Bank of England has taken the lead amongst the world’s central banks in issuing a working paper about how central banks can replenish their capital, now that they…
In August 2022, US President Joe Biden signed the Inflation Reduction Act (IRA), which promises massive investment by the US government in US-built green infrastructure and industry. The IRA will provide $400bn-$1trn over…
“The robots are coming. And that’s a good thing”. This is the title of a very recent MIT Technology Review article written by Daniela Rus, director of MIT (Massachusetts Institute…
Morocco faces a pressing challenge in water scarcity, posing significant hurdles to its socio-economic progress. Ranked among the nations with the lowest water resources per person by the World Bank,…
Is there an air pollution emergency in Northern Italy? That’s what you might have thought if you had read the news or watched tv a couple of weeks ago. A…
Ireland’s siphoning off of GDP and tax revenues makes a mockery of the EU Single Market
Introduction The ‘Celtic Paper Tiger’ is that part of economy tied up with servicing foreign multinationals and reducing their tax bills. It represents 65% of the Republic of Ireland’s economy,1it…
Stability or Sovereignty? Italy’s Challenging Relationship with the European Stability Mechanism
The European Stability Mechanism (ESM) is an intergovernmental organization founded in 2012 by the euro area member states. Its primary objective consists in ensuring long-term financial stability in the euro…
On Oct 30, 2023, President Biden signed the Executive Order on AI, requiring AI developers and cloud providers to share safety tests and other crucial information with the government. It…
Winding-up order issued against Evergrande – what does this mean for the Chinese authorities?
Introduction On January 29th 2024 international creditors gained a winding-up order against China Evergrande Group (‘Evergrande’) in the Hong Kong courts.1 This is a test case for the rights and…