“Settled science”: The rallying cry back to the dark ages

Increasingly over the past decade, but infinitely more so over the last year, we’ve been hearing politicians, mainstream media and all kinds of experts urging, and often sternly demanding, citizens, voters and taxpayers to “follow the science”. This demand usually accompanies various new policies, regulations and mandates. Very often, those tend to have passed into law …

An unexpected blow to the ECB – Part II

The corona effect Although the German court ruling had nothing to do with this latest wave of easing and money printing triggered by the coronavirus crisis, the timing of it puts the present situation in a different perspective. This crisis has served as a “judgment day” of sorts. It revealed the countless failures, the incompetence …