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The only reason Italy hasn't defaulted on its debt yet is the ECB's favorable borrowing terms. And as painful defaults are, they are necessary for the economy.

Modern times behold an Asian century, yet lessons from the American experiment tell us whereupon Asia the future will ultimately beckon, and it isn't China.

At this point, we just have to wait and see who will be part of the new government and hope that the priority will be to take on the numerous internal problems.

An intrusive intervention into the crypto market similar to what the EU has recently provided is not a sure promise of a Pareto efficient result.

In the past eight years, Italy changed governments six times, all of which were opposed by Fratelli d’Italia giving Giorgia Meloni a solid leg to stand on.

The coalition of the right has won a clear victory in the Italian legislative elections. Despite this success, Giorgia Meloni will not have an easy task.

Whether Truss’ liberal government will prove as a panacea to a long-ailing society remains to be seen. That’s why all eyes should be on Britain over the next year.

After a long inflation-free times, inflation comes back to the fold to haunt us. With no end in sight, only danger lies ahead.

A better tax policy promoted in the UK based on tax cuts and aimed at higher growth rates is being sabotaged by IMF bureaucrats.

Liz Truss has come into Number 10 with a strong belief system, one which free marketers can be cautiously optimistic about.