author - oman observer

A spectre is haunting the West – the spectre of a working class whose political home has been foreclosed. For decades, seduced by the “third way” siren songs of Bill Clinton, Tony Blair, and...

In 2008, Europeans earned, in aggregate, 10 per cent more than Americans. By 2022, Americans were earning 26 per cent more than Europeans. This week, the Wall Street Journal confirmed that Europeans...

The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved...

Once upon a time, in the ancient kingdom of Lydia, a shepherd called Gyges found a magic ring, which, when rotated on his finger, made him invisible. So, Gyges walked unseen into the royal palace,...

As the coronavirus pandemic recedes in the advanced economies, their central banks increasingly resemble the proverbial ass who, equally hungry and thirsty, succumbs to both hunger and thirst because...