On Defending The Soviet Union

Contrary to what some might try to take from my post on the longterm failure of the Soviet economy, I am not an anti-Soviet ideologue. I loathe lies about its achievements and the blanket condemnations directed its way by moralistic poseurs every bit as much or more than I detest reality-challenged attempts to paint it […]

Demography II – Out of the Death Spiral

As we covered in the previous instalment, Demographics I: The Russian Cross Reversed?, fertility rates are not abnormally low by European standards and are likely to rise further in the future. The same cannot be said of mortality rates – a ‘quiet crisis‘ that has been a ‘catastrophe of historic proportions’. Take life expectancy. As […]

Education as the Elixir of Growth

What are the reasons behind the wealth and poverty of nations? Since this question has exercised the minds of thinkers from Adam Smith to David Landes, Jared Diamond and Richard Lynn, I decided to take a look at it myself. I came to the conclusion that while geography, macroeconomic policies, resource windfalls and the microeconomic […]