2019.] Introduction The topic of my lecture today is the Japanization of the EuropeanUnion. I would like to start with an observation Hayek makes in his Pure Theory of
A certain nostalgic view of the Roman Empire has helped to push the idea the EuropeanUnion is essential to the prosperity and success of Europe. But a closer look at the
the ranking of the main technological companies (2017), there is not a single European among the top fifteen. The vast majority are North American and Chinese This is not by chance or bad luck. It is by design, sadly. A Wrong Taxation The EuropeanUnion usually talks a lot about technological investment and its commitment to new
Denmark as a country in Europe with a population around 5.8 million people and with a GDP per capita of more than 60 thousand dollars. Since 1973, Denmark has been a part EuropeanUnion, which at that time was called the “European Community.” Despite being a part
low interest rates is not going to last forever. But a recent drive to change European fiscal rules assumes low rates forever, and may have dangerous and of the European elections, the race to describe which (different) path the EuropeanUnion should undertake has started. Among those who contributed with reform
In June 2014, I wrote an article called “ Draghi’s Plan does not fix Europe .” In that article, I explained that the structural challenges of the eurozone not going to be solved by a round of quantitative easing. Now, the evidence of the EuropeanUnion leads the ECB to hint at another stimulus plan. Gone is the triumphalism
Putting the tedious fight of Brexit negotiations aside for a moment; what kind of Europe are we going to see develop in the next 10 years, after the UK departs the union? Will France and Germany continue to take the lead and form an ever-closer union? Will the central European axis of populists in Poland, Hungary, and Italy halt any kind of reform
abdicated as the chairman of her political party, the CDU (Christian Democratic Union). She indicated that she may resign also from the chancellorship and make room during Merkel’s chancellorship although Germany is part of the eurozone, and the European Central Bank gets the final say in monetary decisions. Nevertheless, reduce unemployment. He achieved the almost impossible task of bringing the trade unions on board and to get the measures through the parliament. Schröder’s reforms,
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.