Whenever the question arises of how best to deal with government deficits, businesses and their professional associations often identify subsidies as the place to start. Yet, instead of calling for subsidies to…
Predictions about future economic growth are not the only ones fraught with significant uncertainties. The natural sciences are also susceptible to errors resulting from erroneous predictions – and perhaps with…
Particularly on the international stage, Germany has been accused of weariness with the European project. At times, it is hard to avoid the impression that other European nations measure Germany’s enthusiasm…
The horrific news reports and images from Japan’s nuclear disaster are disturbing, yet it would be unwise to rely on the advice of the Cassandras in our midst. What is instead needed is a reassessment of…
In March of this year Europe's heads of state and government will decide on whether to adopt the "Competitiveness Pact" that was jointly proposed by France and Germany on 4 February. The pact, often discussed…
If the euro really is to blame for the current difficulties and negative developments plaguing the Eurozone, the chances of the currency union being a success would be very slim indeed. However, this is not the…
Take a close look at your advent wreath. Was is made out of dried leaves when you bought it or did you opt for a fresh one? You might ask whether this is anyone’s business but your own. Well, apparently the…
Proponents of the introduction of a broad-based minimum wage in Germany have slowly begun to view minimum wage law as a miracle cure-all, a veritable wonder drug for all ailments suffered by the body of the…
It’s just a typical Monday morning in the year 2015. In universities across the land economists are sitting with anticipation at their computers, counting the minutes until 10:00 a.m., when the latest weekly…
The future is open and uncertain. Philosophers have devoted little attention to this realisation, so banal does it seem. However, according to Immanuel Kant, people do have free will; you may dictate in advance…
