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On September 22nd, a new parliament was elected. It has been the first parliament since the foundation of the Federal Republic of Germany without a liberal party. The FDP missed the five percent hurdle. The most likely outcome of the negotiations...
The Liberal Institute of the Friedrich-Naumann-Foundation is recently dealing with current challenges in foreign policy. One of the main projects is a book, entitled “Liberal Foreign Policy in the 21st Century.” The editor, Kerstin Brauckhoff,...
At a first glance, science-driven policy consulting sounds good. Scientists discover problems and propose solutions, we implement them accordingly. Is it really that easy? No, it isn’t. Scientists are not data collecting and modeling robots,...
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...
The worldwide financial crisis not only eroded the confidence in market economy, but also created strong demand for extensive regulation. People really dislike the rescue of banks with the help of taxpayers money. Regrettably, our media do not...
Growth in energy consumption is not just a by-product of economic growth, it is a causal factor. Reducing greenhouse gas emissions requires reducing energy consumption. Attempts to constrain energy consumption can therefore be expected to impede...
