German chancellor Angela Merkel recently expressed concerns over Germany’s and Europe’s technological competitiveness. Others voiced doubts about Germany’s tech future, too. One of the reasons mentioned more frequently to justify…
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There is no doubt that wealth mirrors taxpayers’ ability to pay better than other measures such as income. There is also no doubt that private wealth is much more unequally…
In 1989, revolutions began sweeping across Eastern Europe. Communism was counting down its final days and what would soon be the end of the Iron Curtain. Eastern European economies were…
The relationship between populism and market economy is problematic. Despite some important exceptions (e.g. President Donald Trump), populist parties (and candidates) quite often place themselves much closer to the pro-State…
CO2 emission limits and targets are currently all over the news. For example, the European Union is gradually strengthening the environmental standards for new vehicles, with a view to reducing…
Press freedom in Europe is more fragile now than at any time since the end of the Cold War». This pessimistic and rather surprising statement appears at the beginning of…
A merger between the German conglomerate Siemens and French rail firm Alstom was blocked by the European Commission at the beginning of February over concerns that the new European rail…
In light of increasing income inequality and wealth inequality in many Western democracies, some social scientists believe that democracy is in jeopardy. Do the rich have a disproportionally high influence…
The recent paper “20 Years of the Euro: Winners and Losers” by Gasparotti & Kullas estimates that the introduction of the euro increased the pro-capita income in Germany and the…
It is common opinion that financial cycles generate business cycles and crises, and that central banks intervene to sterilise this causal link. But there are reasons to doubt both statements.