This time is not about the size, shape and texture of peas or plums. It’s about one of the main economic sector in the EU: about 13 million Europeans work…
Companies & Regulation
At the end of the 19th century, Europe was a global powerhouse of innovation. It is where the Industrial Revolution and the Great Enrichment began. Yet, today it is clearly lagging…
While brilliant and timely political and economic reforms characterized the Baltic states, in the early 1990s, Georgia remained under the direct political and economic influence of Russia until recently. Georgia…
Digital Authoritarianism is on the rise: The threat to the U.S Data freedom approach
When the Internet became commercially available at the end of the 20th century, people thought it would be a powerful tool that would favour democracy worldwide. Consistent with the free-market…
WP 2022-03. Executive Summary We study the causal effects of household tax credits on the willingness to demand legally provided services using a survey experiment among 670 German home owners.…
History is full of prophecies that have proved wrong. Among these, the one elaborated by the American political scientist Francis Fukuyama about 30 years ago certainly deserves a prominent place.…
The General Data Protection Regulation (GDPR) is the world’s most comprehensive and intrusive data privacy law. It applies to all enterprises in the European Union (EU) that handle consumer data…
In our previous essay we argued that “neoliberalism,” the version of modern democratic capitalism featuring markets and trade guided by powerful, global public institutions, should not be confused with the…
Payment technocrats have crippled EU’s ability to impose biting sanctions on Russia
The EU recently announced partial financial sanctions on Russia, designed to keep payments for energy moving. The EU accepted the contention – disproved below – that a bank either gets…
Policy for marriage theory: the economic efficiency – and fairness – of prenuptial agreements
WP 2022-01. Executive Summary Prenuptial agreements or contracts (also known as prenups) are written contracts that enable affianced parties to organize their rights upon marrying, and eventually facilitate the procedure of divorce. They…