George M. Georgiou* Although the phrase “lies, damned lies, and statistics” is often attributed to Mark Twain, no one can say with certainty where it originated from. What we can say with certainty is that societies around the world have become accustomed to being lied to by their governments. Although...
George M. Georgiou* According to Eurostat’s data browser, Cyprus’ real per capita GDP in 2020 was €23.050, which is about 87% of the EU-27 average. One could be forgiven for thinking that with so much conspicuous consumption on display (everything from luxury cars to high end villas and apartments), perhaps...
George M. Georgiou* The financial crisis of 2007—2009, referred to as the Great Recession, which afflicted most of the advanced capitalist economies and beyond, triggered a debate among commentators, economists, and policy makers about the relevance of academic economics. Critics were drawn from across the ideological spectrum. For example, heterodox...
Ioannis Tirkides* The emergence of a new variant, the Delta, and people’s hesitancy to vaccinate, have changed the outlook and the calculus of the pandemic. We are not at the end of the road, uncertainties have increased, and societal choices will be revisited as we decide the next steps. So,...
Ιωάννης Τιρκίδης* Η εμφάνιση μιας καινούργιας μετάλλαξης του κορωνοϊού, της Δέλτα, και ο δισταγμός έναντι των εμβολιασμών, αλλάζουν τις προοπτικές και τους υπολογισμούς για την πανδημία. Δεν βρισκόμαστε στο τέλος του δρόμου. Η αβεβαιότητα έχει αυξηθεί και εκ των πραγμάτων θα επανεξετάσουμε τις επιλογές μας ως κοινωνία, καθώς θα αποφασίζουμε...
