Monopolies: an erosion of free market economy

In the modern world, the economic system that has totally prevailed is free market capitalism. Over the last centuries, no other system has been proven to be more efficient, free and just. Based on the premise of free choice and free exchange of goods and services under capitalism, the output has been maximized, unprecedented wealth […]

Big tech censorship as a threat to free speech and democracy

In today’s society, social media play a significant role on our everyday lives. They provide the digital space where we meet each other, make friends and even enemies, share our experiences, thoughts and ideas, discuss and debate, have fun and enjoy the most extended public network that connects humanity. Billions of people are connected every […]

Is it time for an unprecedented global debt relief?

A little more than a decade after the 2008 financial crisis that shocked the global economy leading to unprecedented recession, unemployment, banking chaos and debt insecurity seemed to be back to normal. Global GDP has been rising ever since, international trade was up, the financial system regained its stability and credibility and the economies around […]

Financial Derivatives: Opportunities and dangers

Derivatives are one of the most modern types of financial instruments. They first appeared in the 19th century, while they were fully structured in the international markets during the 20th century, initially in the United States. Derivatives, by definition, comprise financial securities with values reliant upon, or derived from, an underlying asset or a group […]

The impact of COVID-19 lockdowns on world’s economies and the example of Sweden

Tackling the worst pandemic that humanity has faced in a century required some extreme measures, didn’t it? Lockdowns have been one of the most common, yet extreme measures taken in order to control the spread of the coronavirus. People, and especially the elderly and those with health problems, were required to stay at home so […]