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One hundred years ago the outbreak of World War I marked the end of the liberal era. The policies of free trade, peace by disarmament, and liberal constitutionalism seemed to have failed. One of the earliest victims of the war was a theory...
Trainees practicing inflation and deflation of hospital tent structures, GlobalMedic Training Day, Toronto, June 2011. Photo: Wikimedia Commons While the European Central Bank, governments and many economists complain about the danger of deflation...
Photo: Detmar Doering Many myths have been spread about the character and effects of laissez-faire capitalism or so-called manchester capitalism. The „Ploetz“, encyclopedia of world history, defines Manchesterism as: „A term designating...
Yesterday the Christian Democratic Union (CDU) got the most votes for the European Parlament in Germany, but they suffered some losses like their sister party the Christian Social Union (CSU). The Social Democratic Party (SPD) improved their...
German Minister of Health, Herrmann Gröhe, has recently demanded that all forms of suicide assistance should become punishable under criminal law. Today helping other people to commit suicide if they have a serious medical condition is not...
In a recent talk, Hans-Werner Sinn, professor of economics at Munich University and head of the ifo-Institute of economic research in Munich, hit the nail on the head when he said: “Anybody who believes that a highly developed industrial country...
European banking union is the most important regulatory project in the European Union (EU). It is based on three pillars: common banking surveillance, rules for the execution of banks, and a legal framework for national deposit insurance systems....
There has been an increasing discussion in Germany of migration policy since free movement of people from Romania and Bulgaria inside the EU was allowed, that is for seven years of EU-membership. Many of the Bulgarians and Romanians who come...
The special connection between a federal or non-centralised state structure on the one hand and economic development on the other has become increasingly important in recent years, not least because of the Eurozone debt crisis. Politically,...
Germany wants to make it big. By the year 2050, German government aims to have achieved an 80 percent target for electricity supply from renewable energy sources. As stated by German Government, the resulting new energy system also has to be...
