By Heiko de Boer
When economists talk about the economy, it sounds like an abstract thing. Apparently, these days, there is a lack of demand in our economy. What does a lack of demand mean? In the end, the economy consists of people. What do
Recently Germany banned the ride-sharing service Uber from operating in Germany. That is hard to justify as the service is entirely voluntary, people offering rides for other people. The only justification is to protect the taxi industry. Therefore, the German courts
The EU has just changed its methodology to calculate GDP. Estimates show that the new methodology will make the European Union’s GDP rise by 1.9% (weighted average of Member states).
In 2014, the new European System of National
Capitalism gets into deep trouble when the price of financial assets becomes completely disconnected from economic reality and common sense. What ensues is rampant speculation in which financial gamblers careen from one hot money play to the next, leaving the financial system distorted
The ECB is currently stimulating the economy. Their motivation is a possible deflation scenario. Related to this scenario is the risk of an economic downturn. However, the ECB always and at all times aims to stimulate the economy,
Author: Jure Otorepec
Thomas Pikkety’s book Capital in the 21st century has been all the rage this year when it comes to books on economics. Now George Reisman, one of the few people who received his PhD under the mentorship of Ludwig von Mises, has
Author: Jure Otorepec
Critics of libertarianism often bring up the topic of roads, when the discussion revolves around limiting the state. The question of “But who will build the roads?” is often asked. A fine answer to this question has been given by local British
Author: Annette Godart van der Kroon, President of the Ludwig von Mises Institute – Europe
Note: This article is a excerpt from an interview conducted by QFinance.
We are going through a period where some governments in developed countries are intervening in
In the name of the Ludwig von Mises Institute – Europe we would like to announce the launch of our new website.
The new website will provide you with many interesting articles, commentary and publications on European issues from the classical liberal and Austrian school
By David Stockman
The 2008 Wall Street meltdown is long forgotten, having been washed away by a tsunami of central bank liquidity. Indeed, the S&P is up nearly 200% from its March 2009 low. Yet four cardinal measures of Main Street economic health convey nothing like a