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Up until recently, the proponents of the cluster of financial developments around the Great Re-Set, Decentralized Finance, Central Bank Digital Currency, Financial Inclusion, Fintech, Open Banking et al have had…

According to The Economist, these turbulent times have completed the transformation of Britain into a new country, characterized by political instability and low growth, and subordinated to financial markets. Britaly…

‘Liability Driven Investment’ or ‘LDI’ is both a nonsense and a truism, and is now a byword for a disaster in the UK financial system. Here is what happened. As…

Today, the African economies face another economic crisis. Supply chains disruption, money printing, the questionable responses to Covid-19, the war in Ukraine, currency depreciation and years of economic mismanagement have…

Modern states carry out intense redistribution. In brief, they modify the holdings of particular persons, collective agents or groups. Tax-transfers and public expenditure are an important tool through which redistribution…

Italy’s general elections took place on September the 25th. As expected, the centre-right coalition got the majority in both Houses and its leader, Giorgia Meloni, who is also the leader…

When the Internet became commercially available at the end of the 20th century, people thought it would be a powerful tool that would favour democracy worldwide. Consistent with the free-market…

This article analyses the disparity between the substance of what was announced and the language put around it by the ECB, mainly in the press release on its Monetary Policy…

Consumer prices started rising in 2021, and the rise has quickly gathered speed. Many politicians and central bankers were caught by surprise. They initially claimed that price inflation was provoked…

As emphasized in June, the law establishing the Italian universal-minimum-income programme (RdC) also puts the Ministry of Labor and Social Policies — the same authority that advocated its adoption —…