Europe

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.

Europe’s Energy Worries Grow

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.

Capitalism and The Swedish Welfare State

As Ayn Rand observed, a compromise between two opposite principles – such as between freedom and government controls in a welfare state – is never sustainable,

Brexit Matters More than Ever

There is a realignment of politics underway in the UK and most other developed countries; in the UK it is now almost complete, thanks in no small part to Brexit whereas in some other countries it is still happening; Brexit did not cause this realignment, but it was caused by it.

What Sweden Has Done Right on Coronavirus

Contrary to the U.S., where President Trump and Governor Cuomo and countless other political figures compete for the attention of their constituents and populace and underlings, the Swedish experience has been one of decentralized decision-makers and arms-length officials calling the shots.

How Capitalism Saved Sweden From The Evils of Socialism

Fortunately for its citizens, but unfortunately for those who think Sweden is still socialist, the Swedish government, more or less by universal consensus, turned sharply back toward capitalism beginning in about 1995.