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  • What Might Have Been: Russia’s Missed Opportunity of 1917

    What Might Have Been: Russia’s Missed Opportunity of 19170

    The Bolshevik uprising of October 1917 is usually thought to have resulted in the overthrow of the tsarist autocracy, which had ruled the Russian Empire since 1547. This belief has led to a certain idealization of the Russian Revolution. Despite the crimes that were later committed in the USSR in the name of communism, the

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  • Venezuela’s Situation Requires a Great Deal of Pragmatism

    Venezuela’s Situation Requires a Great Deal of Pragmatism0

    In a bold move last week, the National Assembly of Venezuela, which was deprived of its constitutional powers by the government-controlled Supreme Court in March 2017, appointed National Assembly’s leader Juan Guaidó as interim President of Venezuela. This triggered an immediate reaction on the streets where millions of Venezuelans gathered to demand the resignation of

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  • The Man Who Created the German Economic Miracle

    The Man Who Created the German Economic Miracle0

    On April 2, 1948, Ludwig Erhard, a little-known economist who had opposed Nazism, was appointed Director of the Economic Council of Bizonia, the territory resulting from the merger of the British and American occupied territories in post-WWII Germany. Few suspected that, only two months later, he would unleash the power of free markets and trigger

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  • Are We Witnessing the End of the Bitcoin Era?0

    The Bitcoin revolution seemed unstoppable. Despite suffering multiple large corrections over the last years, Bitcoin’s price kept reaching new highs until almost surpassing the $20,000 threshold, something unimaginable when Bitcoin emerged in 2009. I remember watching in 2015 the documentary The Rise and Rise of Bitcoin, whose title may now look pretentious, but at the

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