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A time traveller from the end of the last millennium could be forgiven for thinking the 21st-century world has lost its way. At the end of last century, even the most uncharitable could only marvel at humanity's progress. Read more

A friend who worked in one of the Ministries years ago called it “Hiding the cheese”. It’s a fun game for the Ministries, hiding the cheese. Read more

You load 16 tons and what do you get? You get one day older and deeper in debt. Read more

In Frank Hebert’s classic Dune series, the Bene Gesserit sisterhood’s supernatural abilities extended only so far. There was a place where their powers could not see – a place that repelled and terrified them. Read more

The Initiative’s reports often attract media attention. Nothing, however, could have prepared us for the storm following the release of How central bank mistakes after 2019 led to inflation. Read more

Whiplash occurs when the body is moving fast in one direction and is abruptly jerked back in the opposite direction. It can be very painful, lethal even. Read more

Since 2019, central banks have presided over perhaps the largest monetary stimulus the world has ever seen. Despite this, the surge in inflation surprised them. Read more