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Malte Tobias Kähler
10 May 2010
4 comments

The Austrian Business Cycle Theory (ABCT), developed largely by Ludwig von Mises and F. A. Hayek, predicted the present crisis and explained its causes in advance. Many commentators aware of...
Oliver Marc Hartwich
5 May 2010
9 comments

After months of agonising discussions, European leaders have agreed on a “solution” for the Greek crisis. Unfortunately, the joint efforts of the EU and the International Monetary Fund...
David Howden
30 April 2010
3 comments

While Greece’s financial issues, both domestic and international, are making any bailout package more difficult in deed than word, the social issues at stake are no less troubling....
David Howden
26 April 2010
3 comments

Talks over what should happen about the Greek debt situation were recently delayed by the impromptu eruption of the Icelandic volcano Eyjafjallajökull. In the meantime, analysts and...
Holger Zemanek
1 April 2010
5 comments

“Borrow as much as you like – the ECB will bail you out” – that was arguably the implicit message of European Central Bank president Jean-Claude Trichet last week...
Holger Zemanek
23 March 2010
3 comments

Just recently, the European Commission set out its proposal for a new economic strategy for Europe, a successor to the failed Lisbon Strategy for Growth and Jobs. Again, the European Commission...
Terry Arthur
16 March 2010
2 comments

The euro is currently under intense scrutiny. Why? Because the reputation of the single currency – originally based largely on that of the Bundesbank for its (relatively) sound money policy...
Kristian Niemietz
5 March 2010
2 comments

In the 1960s, thousands of industrious Greek gastarbeiter came to work in West Germany. Immigration from Greece has been a success story of rapid integration and mutual economic benefit. With little...
Kristian Niemietz
12 February 2010
4 comments

European leaders did their best to avoid a clear stance on Greece yesterday. But with a budget deficit of over 12% of GDP, a debt ratio of almost 120% of GDP, an electorate fiercely opposed to the...
Philip Vander Elst
10 July 2009
6 comments

Is there a strong connection between statism and supranationalism? At a time of rising taxation, increased state control over the banking system, and ever-closer European integration, it is a...
Laurence Copeland
12 June 2009
10 comments

We could see it coming, couldn’t we? Those gigantic over-leveraged hedge funds were bound to come crashing down, as their massive bets turned sour, forcing them to default on their bank loans...
Kristian Niemietz
9 June 2009
8 comments

Whether you read a conservative or a left-wing newspaper, a tabloid or the business press, you have probably read many times in the last few days that “Eurosceptic” parties had recorded...
Roland Vaubel
3 June 2009
comments

Europeans go to the polls this week, yet despite the appearance of democracy it is clear that EU institutions are not representative of the people. Indeed, no matter how citizens vote, these...
Richard A. Epstein
14 May 2009
8 comments

In my recent article on monopolization cases under Article 82 of the European Union treaty, I criticized Neelie Kroes and the European Commission for the aggressive application of competition law in...
Richard Wellings
5 February 2009
2 comments

Recent unrest in Latvia and Bulgaria has emphasised the economic difficulties faced by the formerly communist countries in central and eastern Europe. Indeed a new IEA study, New Europe’s Old...