Economy

The key question is: why should the German regional states own a bank? It has cost and still costs the German taxpayer a great deal of money to invest in boats, planes and property, yet brings the taxpayer few advantages for the risks incurred. Given the strength of our economy, this poor performance still looks very strange.

Some view social justice as the comprehensive equality of normative rights as well as social and material goods, others doubt whether social justice can even be defined, never mind actually achieved. But what does justice mean for liberals? And when is a society or a state just in the liberal sense?

At European level, the NEETs are considered as one of the most problematic in the context of youth unemployment groups. For few years already, some analysts have started to talk about a “lost generation” sometimes referring as the NEET as a population of young people literally doing nothing.

Perceiving deflation through the prism of an unmitigated disaster is today as unassailable as motherhood. Over the course of the past week, three different media outlets asked three INESS analysts to give their take on the “perils” of falling prices for the European economy.

Are all markets rigged by HFT? The SEC and FBI are going to try to find an answer to this question.

Besides the problems Europe is facing when it comes to competitiveness and the welfare state, the most critical and dangerous one is that of cohesion, including social cohesion.

In Spain, the government-established expert group recommended a reduction of the corporate tax by 10%.

From the security standpoint, there are three important areas where disconnection from Russia and connection with Europe are of utmost importance.

Nomura believes that this real estate bubble, followed by potential property market correction, could lead to a systemic crisis, and is the biggest risk which China faces in 2014.

Contrary to what Lithuania’s prime minister claims, discussions on euro introduction are far from over. They might be over for those who have had the task of convincing Lithuanians about the benefits of having the euro.