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In Ancient Greece, paying taxes increased one’s prestige, but now the wealthy avoid it and the burden falls on the workers

Osman Şenkul Although the ancient Greeks contributed many inventions to the modern world, there is one thing we certainly did not borrow from them: their tax systems. In the ancient…

Fear

Can Baydarol I must admit, as I get older, some of my abilities are declining. I can now only read and write as much as my eyes allow. The last…

Businesses no longer have the strength to survive, and the conservative business world has also begun to speak out

Levent Gürses As the industrial sector continues to bleed and the textile industry in particular faces a severe crisis, more and more major companies are closing their factories in Turkey…

Chomsky and Prashad: There are 3 major threats to life on Earth

Noam Chomsky & Vijay Prashad (2021) Large parts of the world—outside of China and a few other countries—face a runaway virus, which has not been stopped because of criminal incompetence…

“Everything is a scam and why principles matter”

Chris Skinner I was going to order it for my wife’s birthday but thought, just before clicking, is this real? So, I go and Google Is Nicoo legit? and immediately…

ECB/Lagarde: Improved supervision of non-bank institutions makes financial stability risks visible

Christine Lagarde Financial stability and price stability are preconditions for each other. Yet history shows that in the pursuit of price stability, monetary policy can face two key trade-offs with…

Ceasefire

Can Baydarol We woke up to the news that a ceasefire had been achieved on the second anniversary of the Israel-Hamas war, paving the way for lasting peace. There were…

The Nobel Prizes and the apocalyptic problems of the global economy

Levent Gürses The 2025 Nobel Prizes are being announced. This year’s Nobel Prize in Literature has been awarded to Hungarian author László Krasznahorkai. The 71-year-old author has books such as…

If not for the wageearners, then for whom does the economy grow?

Osman Şenkul What does economic growth mean to you? For example, are you very happy when the economy grows? Do you hope that you will definitely benefit from this growth…

While below 30 percent inflation by the end of 2025 seems unrealistic, we discussed KAAN, F-35 and Boeing throughout the week

Levent Gürses The Turkish Statistical Institute (TurkStat) announced September inflation figures on the last day of the week. According to these figures, the consumer price index (CPI) rose by 33.29…