Posts byBerke Çavuşoğlu

The Model Behind the 3rd Biggest Economy in the World: Myth of German ”Mittelstand”

How Germany succeeds economically?

“Pencil-makers were first recorded in the city of Nuremberg around the year 1660. Numerous craftsmen also set up shop in the surrounding villages, but especially in Stein. Here artisans were not subject to the same strict controls as in Nuremberg, so they had a competitive advantage. One of them was the cabinet-maker, Kaspar Faber. At

An interview with Peter Hoekstra, U.S.Ambassador for the Netherlands – RFD Pre-Interview Article

This week Room For Discussion will be hosting Peter Hoekstra, U.S.Ambassador for the Netherlands. The interview will cover the US – Netherlands relationship along with numerous points in Washington’s foreign political agenda like Venezuela, Syria and trade tariffs. The recent government shutdown in the US and Trump’s current situation are expected to be other agenda

A Seaway to Hell or an Economic Miracle of Melting Arctic?: The Northern Sea Trade Route

On August 2017, A Russian tanker settling out from Hammerfest in Norway to Boryeong in South Korea travelled through the Northern Sea Route along Northern Russia without an icebreaker escort for the first time.

The journey took only 22 days, 30% quicker than Suez Canal Route. It was significant, indeed, as it drew attention once again to how far Global Warming issue has gone to, while at the same time introducing the world to a new sail route “too economically efficient to ignore”. Discovery of new trade routes has

Is the Marshall Plan What Made the Rest of the World a Modern Consumer Society?

Are we a “modern consuming society”? According to Global Footprint Network’s  “How many Earths?” research, If we keep consuming at this pace, the US would need the equivalent of 4.6 planet Earths to provide the resources and absorb the waste of the consuming citizens; while Japan would need 2.4 Earths and Europe, 2.3. Those numbers indeed

Why Isn’t Authoritarianism Considered a Bad Idea Anymore?

While authoritarian regimes are doing much better than expected economically, the world is becoming more willing to exchange its freedom with economic success year by year.

By definition, authoritarianism is  “the enforcement or advocacy of strict obedience to authority at the expense of personal freedom.” I consider this definition particularly incomplete. The definition misses the most important part at the end: “for a certain reason“. Mao Zedong explicitly stated “Political power grows out of the barrel of a gun. Our principle is

The End of Easy Money Era… Who Were the Two Winners?

World economy is getting into a Tightening Period after 7 years of recovery from 2008 Financial Crisis. Which two countries overhelmed the world economy after the money taps were left open in 2008?

Alarm bells started to pound louder when former U.S. Federal Reserve Chair Janet Yellen made this statement about real estate prices: “Commercial real estate prices are now ‘quite high relative to rents.’ Now, is that a bubble or is it too high? It’s very hard to tell. But it is a source of some concern