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High school kids are trading bitcoins online
Turkey, lacking perspective, puts a stamp on history as the country with the most expensive and restricted Internet. I hate watching news programs lately. There is…
Internet in Turkey: Expensive and banned
Half of Turkey is not on the Internet. The non-urbanized, eastern, and female half, of course. I saw a tweet about a recent legislation which makes it easier to put an…
What’s the problem with coffeehouses and the Internet?
What do coffeehouses and the Internet have in common? Both, believe it or not, are mediums of information exchange. What’s the problem with them? Wherever there is a…
Who chooses and places these things all around Ankara?
After the Gezi Park incident, Istanbul Mayor Kadir Topbaş said, “I won’t even change the location of a bus stop without asking the people.” I think he was right. Have…
The small grocery stores are still standing
The meaning of the grocery business is changing; as is every other form of business. The “small grocery stores against supermarkets” story has caught on. The…
Why Turkey is so predominantly urban, male and western
The Turkish Statistical Institution released a survey late last year showing the country’s internet population is predominantly urban, male and western. 51% of the…
Does low interest rate actually boost growth?
The responsibility of these does not fall exclusively on the Central Bank. It would be extremely unfair to claim so; but so would to ignore the role of monetary policy…
Cities need a higher share of the Gezi Park community
The current size of the creative class should be improved. Each city should have a higher share of the Gezi Park community. Otherwise, there will be no prosperity. The…
Some observations about the labor market
What would the unemployment rate be if labor force participation rate sharply surged to a level close to that in the troubled countries of Europe? Yesterday labor market…
It all started in 2010
Countries which become more unbalanced in an age of declining global imbalances are called vulnerable. It was quite some time ago, in the first years of the twenty-first…
Turkey in the age of current account reversals
We appear to be living in an age of current account reversals. Just have a look at the graph below, taken from a TEPAV study. If you take both the current account…