Recent Posts

What happened to the Turkish lira? – Güven Sak

Turkish President Recep Tayyip Erdoğan is still insisting on false economic premises, including a theory that higher interest rates cause inflation; a policy stance that has led to sharp losses for the lira, said Güven Sak, a former member of the Monetary Policy Council of the Central Bank of Turkey. …

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The Less Said About NATO and Ukraine, the Better

Neither Membership nor Neutrality Is the Answer With Russia massing troops on Ukraine’s border and demanding an end to NATO enlargement, a heated international debate has broken out over whether limits on future membership in the alliance might resolve the crisis and avert war. Some have argued that it is …

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