Economics

Russia Is Key to Asia Future Development

27.11.2018

As serious problems emerge with the further development of China’s ultra-ambitious New Economic Silk Road, the formally named Belt, Road Initiative (BRI) the Russian Federation, especially in the wake of Washington’s mis-named trade war, is findin

Iran was left without SWIFT and Euroinvestments

13.11.2018

Today, Iran was hit twice. It was cut off from the international payment system SWIFT, which would greatly complicate Iran’s trade with the outside world and reduce its oil supplies.

ON RICHES AND POVERTY

13.11.2018

We hear a lot of sneers directed at the rich. Like “the 1 per cent,” “greedy” or “fat cats.” Today, I’ll ask: To what extent do the rich deserve these insults? Then, I’ll look at poverty, and ask: Why are so many people poor?

The Consumption Tax – A Non-Starter

05.11.2018

In a recent essay, the present author proposed a short series of aims that would reduce the burden of taxation on economic prosperity, in comparison to a programme proposed by the Adam Smith Institute (ASI).2 Part of the ASI’s programme