Epicurus may not have approved of politicians, and there is a good reason for that. The current furore over voting rights should be alarming to everyone who cherishes the American system, imperfect as are most of the works of humanity. The ruthless pursuit of power and refusal to compromise is un- Epicurean. The The following …
The message from the reader: “Sorry, but it was the President and Chief negotiator of the European Commission who caused the crisis. “ If, immediately following the results of the vote on the 23rd June 2016, the President of the EU had acknowledged the dissatisfaction of a proportion of the British (mainly English) electorate and …
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The mighty US dollar continues to reign supreme in global markets. But the greenback’s dominance may well be more fragile than it appears, because expected future changes in China’s exchange-rate regime are likely to trigger a significant shift in the international monetary order. For many reasons, the Chinese authorities will probably someday stop pegging the …
Continue reading ‘The future of the dollar (a bit long, but important)’ »
Fossil fuel companies in the US received billions of dollars in tax benefits through government coronavirus relief measures, but laid off tens of thousands of workers, figures show. A group of 77 firms received $8.2bn in tax-code changes under the massive stimulus bill passed by Congress last last year, and some benefited from the paycheck …
Discomfort among European leaders this week after Joe Biden’s surprise proposal of a temporary patents waiver to boost the supply of Covid vaccines for poorer countries. Ursula von der Leyen, the European Commission boss, said the EU was open to the idea, but at a summit in Porto, Germany and France gave it a cool …
