Capitalism, the market economy, and freedom are always on the defence, especially when politicians influence economic processes, guide behaviour, and regulate prices. In times like these, localisation is important.
The increase in tariffs on electric cars imported from China could be the last act of the outgoing European Commission and well describes its legacy and contradictions.
Politicians often forget that it is profit that drives firms in a society built upon the tangible benefits of capitalism, and that it is the pursuit of profit that will lead companies to adopt sustainable environmental, social, and governmental (ESG) practices.
The Italian minister of economic affairs, Giancarlo Giorgetti, has warned that radicalisation of environmental policies could result in a political “crisis of rejection” of their goals. These concerns are all but misguided.
Harry Lime, the villain of the classic movie The Third Man, is an early example of the kind of smart movie villain who is not simply randomly bad, but who rationalises his actions in ways that, in their own twisted way, make some sense.
Poland’s geographic potential for wind energy development is similar to that of industry leaders; yet, the interference of the Polish government continues to block onshore wind power projects.