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Kristian Niemietz
6 November 2015
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The law of diminishing marginal utility is one of the most basic concepts in economics. What it means is that the more you have of something, the less you enjoy getting more of it. Among other things...
Kristian Niemietz
11 November 2013
7 comments

  For as long as I can remember, the herbal schnapps Jägermeister has had a reputation for being an old man’s drink. The brand name would inevitably evoke images of a rustic...
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...