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What does Israel have that Turkey does not?
In order to build the innovation debates in Turkey upon a concrete context, we must try to understand what Israel has that Turkey does not. We have been discussing…
Financial regulations in the UK
UK has been changing the financial system radically. The current authority for financial services is to be abrogated. I am keeping my promise: I will go on examining…
This is not it
The new education reform bill is not in line with the objective function of this government. An education reform bill is in Parliament. Or perhaps I should say the…
The new education reform bill: 4+4+4
There exists a close link between the level of education and the level of welfare in a country. Income levels of countries are revised on the basis of the price of…
Turkey is not becoming like China
Fortunately, we have corrected this acute problem with the intervention of deputy prime minister Ali Babacan. Let me stress one point as Xi Jinping, leader-to-be of the…
The PKK and the ‘Child Soldiers’
Turkey has been struggling with the outlawed Kurdistan Workers’ Party (PKK) for a long time. The question has, of course, political, legal, economic, social and…
What if Greece leaves the Eurozone?
Many experts argue that the only viable option for Greece is to leave the Euro and return to the Drachma. Here is the million-dollar question: What is the risk that the…
It is poor children who become paint-thinner addicts
One out of every four children in Turkey lives in a poor household. The OECD average for child poverty is 12.6 percent. According to OECD figures, Turkey is among the…
Zero interest rate
Should the interest rate will go zero in line with the Friedman rule and if the normal real interest rate aimed at 2 percent, inflation has to be -2 percent. There is…
Number one in the world
The global crisis has led to a relative saving surplus in Europe and the United States that is sustaining the unsustainable. There is no need to deny it. As Turks we…