Recently, the Federal Minister of Transport, Alexander Dobrindt, announced a 350-million-euro subsidy for 2018, designed to lower track charges for freight transport and encourage shippers to move from roads to…
As the upcoming Bundestag elections in Germany draw nearer, state pensions have again become a key issue for the main political parties. While the Social Democratic Party of Germany (SPD) has laid out its own…
World Environment Day took place on 5 June. This year’s theme was “Connecting People to Nature”. Critics of environmental protection policies such as US President Donald Trump, who recently announced the US’s…
The majority of French voters rejected Marine Le Pen, the right-wing presidential candidate from the populist party Front National. Emmanuel Macron, the former economy minister under President François…
60 years ago in Rome, Germany, France, Italy, Belgium, the Netherlands and Luxembourg signed a treaty establishing both the European Economic Community and the European Atomic Energy Community. Following on…
The "Magic Square" (Magisches Viereck) is a concept many Germans learn about in school. It describes the four cornerstones of Germany's economy, enshrined in the 1967 Act to Promote Economic Stability and…
Economic truths can be cruel. In 1993, the University of Minnesota’s Joel Waldfogel published a famous article about the deadweight loss that occurs at Christmas. According to his analysis, billions are lost…
On 8 November 2016, 59 million US voters – just 30% of the electorate – selected Donald Trump as 45th President of the United States. Trump is a quintessential outsider, a real-estate magnate and reality…
A recent article in The Economist raised concerns about the disproportionate economic power wielded by giant global corporations. Earlier this year, in April, the US Council of Economic Advisers (CEA) published…
