Economics

Beware of plutocrats bearing gifts. The annual clown show at Davos epitomises how today, the global elites have embraced an unholy trinity of ‘progressive’ doctrines: climate-change apocalypticism, a belief in systemic racism and racial ‘equity’, and radical gender ideology.  read more »

Demographia International Housing Affordability rates middle-income housing affordability in 94 major housing markets in eight nations: Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom and the United States. This edition covers the third quarter (September quarter) of 2022.  read more »

The Western response to the Russian invasion of Ukraine is widely seen as a sign of a reinvigorated alliance of democracies against authoritarianism.  read more »

It's always been a mug's fame to best against New York City, which was counted out only to quickly bounce back after 9/11 and again in 2008 after the financial system nearly collapsed and took the world economy with it.  read more »

In his drive to achieve absolute power, Vladimir Lenin could count on Western progressives and opportunist executives to serve as "useful idiots." Today's most prominent Communist, China's Xi Jinping, can count on similar help, this time from the West's environmentalist, corporate elites.  read more »

An author should be pleased to see his thesis bolstered by events. Yet since writing The Coming of Neo-Feudalism in 2020, I have not found any joy in the continued growth of the West’s class divides  read more »

Few annual events produce more paranoid commentary than the World Economic Forum’s recently completed Davos conference.  read more »

Racial divisions have become the stalking horse of our politics and social discourse, with racism defined as white on black (often extending to Western vs. non-Western ethnicities). Google Trends reveals how the online topic of racism has steadily risen over the past decade, spiking like a seismic reading of an earthquake in June, 2020 that marked the George Floyd tragedy and the Black Lives Matter protests that followed.  read more »

In September 1977, the Youngstown Sheet and Tube Company announced the first major shutdown in the American steel industry. It was closing its largest mill, the Campbell Works, displacing over 10,000 workers.  read more »

Antisemitism has always partly been driven by envy; Jews attract a unique resentment for their disproportionate intellectual achievements in literature, science, education and, particularly, finance. At the same time, however, this success can be inverted.  read more »