“Enlightenment is man’s emergence from his self-imposed nonage. Nonage is the inability to use one’s understanding without another’s guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one’s mind without another’s guidance. Sauere Aude! Dare to Know! Have the courage to use your own understanding is therefore the motto of the Enlightenment.” Immanuel Kant
Similar Posts
Corona crisis: the cost of the response – Part II
Share this articleResponding to the response This time around, both central banks and governments have gone “all-in” in their response packages and the scale of the support and liquidity provided dwarf the measures that we saw in the 2008 crisis. Of course, the question remains whether this will all be…
Missing the forest for the tree
Share this articleOver the second half of January, we witnessed a fresh wave of volatility in equity markets, culminating in a pullback that caused widespread concern and endless headlines in the mainstream financial press. There was speculation of a full blown correction, other “experts” disagreed and predicted that central bankers would…
2024 outlook: Gold Shines Bright in the Gathering Storm
Share this articleThe year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges…
Inflation outlook – A battle lost before it started
Share this articleAfter months of consumer price increases and after countless working households found themselves in dire financial straits struggling to make ends meet, in the late May, President Biden finally revealed his grand plan to fight inflation in an op-ed for the Wall Street Journal. The much-anticipated response to…
