Abruptly decreasing domestic production of fossil fuels and shuttering of coal and nuclear plants have put Europe is an energy crisis exasperated by Russia’s invasion of Ukraine and its reduction of energy exports to Europe.
France’s aging nuclear power plants that are keeping the lights and heat on—not wind and solar power that are at the mercy of the weather.
We vastly underappreciate the power of America’s moral sanction.
Europe’s Digital Market Act to regulate “American Big-Tech” ignores that without the efforts and ingenuity of Big Tech, there were no “gates” to keep.
Every year, global climate summits feature a parade of hypocrisy as the world’s elite arrive on private jets to lecture humanity on cutting carbon emissions.
Although Vietnam calls itself a socialist country, the way people here think is more in tune with capitalism than is the case in Europe.
Today, government gorges on trillions of dollars of tax money every year, and still has to borrow a trillion dollars a year on top of all that, which has created a huge national debt.
The Biden administration is offering Iran extraordinary incentives to continue its charade of compliance, enabling Iran to have greater means to support its terror proxies across the Middle East.
Nationalism Is Rising in Poland, and It’s Undermining the Market Reforms That Followed the Fall of Communism
Poland owes its economic success to capitalist reforms—but the current government has stopped privatizations and is pursuing a policy of redistribution.
The late Dr. John Lewis read this statement to his class on September 12, 2001 — the day after America was attacked by Islamic Jihadists. His words are all the more relevant today.
In a free market, there is a tendency toward the establishment of a uniform price for the same good throughout the world.
Freeing up the labor market by making it easier for employers to hire and fire workers would reduce the gap between temporary and permanent work.
Bad energy decisions in Germany are yielding bad results for Germans. Americans should be aware that recent government actions here on energy are pointing results in the same direction.
European leaders continue to talk tough about supporting Ukraine against Russia, but European peoples are less enthused.
Europe’s move toward decarbonization 30 years ago has resulted in skyrocketing energy prices, the need for severe conservation, possible rationing that could shut down entire industrial sectors and likely future blackouts.
Sri Lanka’s collapse reveals the painful consequences of ignoring the fundamental realities that govern energy, food production, and human civilization.
Biden Administration’s “Partnership for Global Infrastructure & Investment (PGII)” Should Be Aborted
How To Defeat China Economically? Don’t Follow Its Worst Practices
The Chinese were long used to authoritarian social controls, but popular anger exploded at the imposition of brutal totalitarian restrictions.
Europe’s energy shortages – exacerbated by Russia’s invasion of Ukraine – were originally caused by low wind resources, increased demand from COVID lockdowns, and cut backs of natural gas by Russia. Despite putting Europeans in energy poverty, the EU and UK are keeping to their energy transition rushing into wind and solar power, rather than using domestically produced oil, natural gas, and coal.
The WHO’s staff are comfortable with ensuring the people they were charged to support are increasingly impoverished and their rights and health autonomy removed. They are not just resigned to the abandonment of basic public health principles and ethics, but actively working to undermine them.
Biden’s America Mimics Europe’s Goals and Regulatory Actions
If winning is not the goal, the war is already lost, and Putin’s dictatorial power will be further enhanced. It will prove that the U. S. and NATO actually are weak and ineffectual.
As Ayn Rand has said, “Morality is the strongest of all intellectual powers.” To Putin, his “moral” crusade is far more important than Russia’s GDP.
Whether at least part of Ukraine survives as a free and independent country when this war ends, or whether that will have to wait until some time in the future, Ukrainians will have to plan for the reconstruction of their economy at some point in the future. The economic policy agenda for such a reconstruction is at least partly at hand, and can be found in the writings of the Austrian economist, Ludwig von Mises.