In order to achieve a satisfactory degree of socio-economic cohesion, the European authorities have long recognized the importance of convergence in per capita levels of Gross Domestic Product (GDP). As…
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This open letter, addressed by 154 German economists against the Euro zone reform proposed by France, passed all but unnoticed. These well-known economists warn against a Europe led by a…
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The Heathrow Expansion On the night of the 25th of June, the UK Parliament voted in favour (415 to 119) of the £14bn expansion of Heathrow airport in London. This…
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On May 25th, 2018, one of the most sweeping changes to the regulation of the internet, the European Union’s General Data Protection Regulation (GDPR), came into effect. While it has…
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“Do good and talk about it” became compulsory last year with the introduction of the new European CSR directive for companies with more than 500 employees. The keyword is Corporate…
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Scotland has recently imposed a price-floor on all alcoholic products, requiring retailers to charge at least £0.50 per unit (equal to 8g of pure alcohol, according to the UK government).…
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A paper by economists Luigi Guiso, Paola Sapienza and Luigi Zingales (GSZ) has recently made headlines and received widespread approval within the academic community. Their contribution, titled Long-term Persistence, provides the…
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On this 5th of May, the author of the Capital would have blown his 200 candles. Embittered by the communism theorist’s admirers, Nicolas Lecaussin explains how his idea was contradicted by facts.
A Romanian who became French, Bogdan Călinescu lived his adolescence under Ceaușescu’s dictatorship. Moreover, his father was a dissident intellectual. Today, Bogdan Călinescu writes and publishes in France under the name Nicolas Lecaussin and manages a libertarian think tank, (IREF) – Institute of Economic and Fiscal Research.
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IREF is a free-market oriented think tank based in France. It promotes ideas, debates, events, and rigorous academic research. IREF supports research projects that lead to the production of original…
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With martial rhetoric the US president Donald Trump is threatening with new trade barriers. Europeans follow a similar policy albeit at a more moderate tone. The European Union also imposes…

