After all, we’ve been doing it for thousands of years It would be hard to list all the advantages that cities afford us, but the short version goes like this: urban centers concentrate labor, talent, wealth and innovation in a matrix that allows all of them to multiply and advance. Since ancient […]
Tag: currency
Without reform the EU will self-destruct
“How to Destroy the European Union” By Prince Michael of Liechtenstein, courtesy of ECAEF and GIS Once, the “European idea” helped unite a war-weary continent. Now, overbearing central authorities, suffocating bureaucracies and reams of red tape are limiting the freedom that idea once promised. Europeans are losing trust in their […]
Argentina needs major structural reform to prosper
Courtesy of Libertad y Progreso, via Xinhua Argentina needs to carry out a series of structural reforms, including in labor and tax matters, to return to the path of economic growth, according to an Argentine economist interviewed on Wednesday. Natalia Motyl, an analyst […]
Are Central European countries ready for the Euro?
By Zsolt Darvas, courtesy Bruegel Institute Southern European euro-area members suffered from unsustainable developments after they joined the euro in 1999 and up to 2008, and have had great difficulties since. Inadequate national policies were the main causes of these unsustainable developments, but euro […]
Trade wars are hitting global confidence
There is now a serious risk that escalating trade disputes between major global players will tip the world economy into recession, warns the Financial Times editorial board in a new op-ed published Friday. The FT opinion chiefs tally a number of ominous trends as we […]