Companies & Regulation

Trade protectionism involves restraining imports through various policy measures including tariffs, quotas, and subsidies to protect domestic industries from foreign competition. On the other hand, cronyism refers to the practice…

Speculative bubbles are not the product of irrational behaviour, as many tend to believe. When the price increase of given sets of goods or assets (bitcoins, tulip bulbs, houses, stocks)…

In many countries, there is a demand for regulation of gambling, as gambling is considered a vice with potentially harmful consequences. However, regulating gambling and similar goods is somewhat problematic.…

The Arab world is known for its rich history and diverse culture. Yet, it faces significant hurdles on its path to economic development. In the last two decades, the Arab…

The world is warming up and now “boiling”, according to the new definition by UN Secretary-General António Guterres. Yet, instead of tackling the “climate crisis”, governments are subsidising fossil fuels.…

In times of crisis, governments frequently express concern about the potential harm to consumers caused by price gouging, which involves charging unusually high prices for essential goods and services, particularly…

Slower is safer. In 1973, Pierre Messmer, the then French prime minister imposed a 120 km/h speed limit on motorways. The decision was motivated by the desire to save fuel…

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…

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…