Posts byBerke Çavuşoğlu

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