Economics

The New Cold War: Techno-Feudalism, Corporate Empires and the Future of Global Governance

What if the most powerful political actors in the world are no longer governments, but Chief Executive Officers (hereinafter: CEO)? In the 21st century, sovereignty is influenced considerably, not through treaties or constitutions, but through data ownership, algorithmic control and platform monopolies. In a world once characterised by the ideological clash between capitalism and communism,...

Taiwan’s Semiconductor Supremacy: A Double-Edged Sword in the Face of Modern Energy Challenges

Taiwan, a relatively small island nation with a nominal Gross Domestic Product (hereinafter: GDP) of approximately $800 billion and a population of around 23,7 million people, occupies a crucial position in the global technology industry, with its semiconductor sector serving as the basis for many of the electronic devices that power today’s society. The island...

Is Money Too Successful For The West?

Although the race for superiority between communism and capitalism ended already in 1990, the repercussions of the Cold War can still be felt at times. Political science students learn about the 40-year period of ideological warfare, but the more we move forward in time, the more difficult it seems to envision a viable competitive political...

Value vs Price in a Global Bubble Economy

The beauty of economics is that human nature is constant. Hence, the outcomes of economic calculations, estimates and theories only change when new variables are added or old variables fall away. For example, the introduction of financial innovations, the globalisation of the economy or the internet are such variables that have been added to the...

Democratic Challenges for Sustainable Investing

Every year, economic newspapers and conferences are flooded with information on the growth of sustainable investing. Since the United Nations started the Global Compact initiative, and with it issuing the “Who Cares Wins” report in 2005, investors increasingly included non-financial data in their valuations of investment opportunities. The report aimed to “to develop guidelines and...

How To Solve Turkey’s Economic Crisis In 5 Easy Steps.

Politics is equally often subject to over-simplification, as it is to over-complication. Given the complexity of our world and its challenges, it is not surprising. In the case of the Turkish economy, which is experiencing a major structural crisis, people lost their faith in the government to produce meaningful policy outcomes. Both citizens and politicians...