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Europe got over the German election. Indebted countries economize only ostensibly. There are never enough subsidies. Sunday’s election has significantly strengthened the position of Merkel’s CDU. However, the party missed the absolute majority...
A bit different anniversary. Club of the sinking ones has new members. The French are shouting: „That’s enough”! We celebrated the fifth anniversary of the Lehman Brothers fall on 15th September, while Swedes had another celebration just...
Last week, Canadian Fraser Institute released new rankings of economic freedom in the world which is measured by a tool called “Economic Freedom of the World Index”. The results, calculated and presented since 1996 with participation...
The wrong age. One, or two packages for Greece? Don’t steal jobs from the Netherlands! The fifth anniversary of Lehman Brothers’ bankruptcy falls this Sunday. Media consider it to be the beginning of the crisis. But since it is 6 years...
Will the crisis trigger anti-environmental agenda? Who knows, but Antonio Tajani, the European industry commissioner stated that “I am in favor of a green agenda, but we can’t be religious about this. We need a new energy policy....
French self-confidence. Good and bad reports from Greece. Berlusconi’s perfect game. As the mass media have been filled with crisis for already six years, any other fresh topic is welcome. Such as the Syrian conflict. While the French were...
Greek déjá vu. Empty Portuguese highways. French reform which has never been carried out. The topic of the third rescue package for Greece (which has been bailed out by bilateral loans in 2010 and by temporary ESFS in 2012) was stridently...
The Bank of England estimated that 40 per cent of the profits accruing from an expansion of the money supply flowed directly to the richest 5 per cent of households. The policy of low interest rates destroys the value of investments with fixed...
Kristian Niemietz from the Institute of Economic Affairs (IEA) published an excellent book (http://www.iea.org.uk/sites/default/files/publications/files/IEA Redefining Poverty Debate.pdf) in which he argues why a war on markets is no substitute...
News releases about the end of the crisis – as regular as sunrise. Greece has a surplus. Brussels has a whole lot of new ideas for spending money. Have you heard the one about the crisis being over? News about economic growth is beginning...
