By The Austrian Economics Center The 10th AEC International Conference, “The Austrian School of Economics in the 21st Century” will be held live in Vienna, Austria on November 4 and 5, 2021. Offered by the Austrian Economic Center (AEC) and Foundacion Internacional Bases, the event will not be online or zoom, but a […]
Tag: Europe
Why the EU’s Latest Industrial Strategy Falls Short
By Ryan Nabil, Competitive Enterprise Institute Can the European Union become a world leader in innovation? Yes, but Brussels needs to create a more business-friendly environment for businesses and start-ups. The EU is trying to become self-sufficient in sectors such as pharmaceuticals and semiconductors and spearhead post-Covid economic recovery, according […]
Less taxes, less laws, less poverty: three successful European countries
By Eben McDonald, Contrepoints As Luxembourg, Switzerland and Ireland show, it is not necessarily social spending and redistribution that raises the level of the poorest. The Social Democrats often praise the Nordic countries as examples of the success of progressive taxes, generous welfare states and powerful unions. Free trade advocates […]
The European Green Deal will cause more harm than good
By Mohamed Moutii, The Institute for Research in Economic and Fiscal Issues In the last European elections, the so-called green parties won a record number of seats and became the fourth largest bloc in the European parliament. The Greens are now seen as pivotal political allies for passing EU legislation. Not surprisingly, […]
How ‘functional finance’ becomes heavier taxation
by Enrico Colombatto, Austrian Economics Center Even before Western governments decided to fight Covid-19 by freezing their economies and inflating their debts, many countries had problematic public finance situations. Now, public debt is soaring almost everywhere and dealing with it has become a major issue. The solution so far has been to resort […]
Greenland’s Welfare Trap Replays in Canada
By Peter Holle, Frontier Centre For Public Policy This month, there was an unusual amount of international attention given to the Greenland election. This is a vast country with a tiny population of only 50,000. Every year, Denmark transfers $700 million to help fund Greenland’s government. This is a huge amount of […]
How the Private Sector Could Help to Fight the Next Pandemic
By Haig Simonian, Avenir Suisse Hindsight, it is said, offers 20:20 vision. With the Coronavirus pandemic now into its second year, experts and governments around the world have become much savvier about how to deal with an international health crisis. If that knowledge could be harnessed to tackle the next pandemic – which […]
Artificial Intelligence and cybersecurity: Benefits and perils
Lorenzo Pupillo, Stefano Fantin., Afonso Ferreira, Carolina Polito, CEPS Artificial Intelligence (AI) is gradually being integrated into the fabric of business and widely deployed across specific applications use cases. Not all sectors are equally advanced, however: the information technology and telecommunications sector are the most advanced in terms of AI adoption, with the […]
Europe’s supply of high-skilled jobs not keeping up with graduates
“Job polarisation and the Great Recession” By Sybrand Brekelmans and Georgios Petropoulos, courtesy of the Bruegel Institute The technological advancements of the last few decades have been a major source of job polarisation. This means that demand for workers has increased for both well-paid skilled jobs (typically requiring non-routine cognitive skills; for example, managerial […]
Unpacking President von der Leyen’s new climate plan
By Simone Tagliapietra, courtesy of the Bruegel Institute During her first State of the Union speech, European Commission President Ursula von der Leyen confirmed a widely expected move: the scale-up of the EU’s 2030 climate target to “at least 55%” compared to 1990. This is a central pillar of the flagship proposal of her Commission: the […]