Health care systems with a high degree of government funding were ill-prepared for the pandemic; systems with a higher degree of private and semi-private funding had a much better capacity to respond.

Swiss energy saving measures may limit the use of electric vehicles and ban Christmas lights. 

Although some countries have recovered, overall economic activity has been disappointing. To make matters worse, a closer look at capital formation—a.k.a., business investments—and consumer spending suggest that a recession is in fact just around the corner.

Neoconservative ideology is on a collision course with traditional conservatism. Where the former wants a more centralized government, the latter seeks solutions that strengthen local communities and give people as much power over their own lives as possible.

The loss for SAS is severe, but other airlines, among them Lufthansa, Air France, Ryanair, and Norwegian, made a profit in the last quarter.

Individual citizens cannot be trusted to understand ideologies. They must be guided, Ebeling explains, by “collective epistemic agents.” But what knowledge are these agents supposed to help citizens gain?

Numerous commentators pointed out the ironic aspect of her act of virtue signaling. One commentator noted VW’s history with using Jewish forced labor during World War II.

The Riksbank warns of further increases, predicting a lead interest rate at 3% early next year.

While the cost of doing business in Europe has increased dramatically in the last year, the euro has also lost value against the dollar. The depreciation benefits euro-zone exports to America.

Whichever candidates Trump will face in the 2024 presidential primary elections, they will be tough contenders. Running for president is not for the faint of heart.

Some forecasters believe that inflation will persist for an extended period of time. I disagree, and if the signs of an inflation peak are as strong as I believe they are, then Europe could be out of this inflation episode before next summer.

Chapek vowed to donate $5 million of the company’s money to a campaign that promotes gender transition for children.