Although French President Emmanuel Macron offers a number of good, if vague, ideas in theory, on issues like international trade he actually sounds a lot like protectionist U.S. president Donald Trump, Epicenter’s Adam Bartha writes, citing Macron’s proposals like a “European preference” for government procurement. Even worse is Macron’s proposal for centrally controlled wages, which will stifle economic growth and ingrain regional inequalities.
Related Articles
Trade Barriers Kill Innovation
Creating medicine is a complex and expensive business. While U.S. biopharmaceutical companies lead the world in drug development, international trade practices can stem the flow of innovation to new markets, depriving patients in need. Limited market penetration also means fewer resources to re-invest in the most successful engine for life-saving advancements on […]
Pipe Dream: Carbon capture a long shot at best
Often cited in ambitious carbon-reduction goals, carbon capture technology is technically feasible but unlikely to offer long-term benefits. This was according to an analysis by Andre Wendt published by the European Center for Austrian Economics Foundation (ECAEF), based in Liechtenstein.
Attach green conditions to recovery aid, say environmentalists
“A Green Recovery” By Dirk Schoenmaker, courtesy of the Bruegel Institute Governments have multiple goals including economic growth, social inclusion and environmental preservation (Schoenmaker, 2020). The COVID-19 pandemic has had a sharp negative impact on the economic and social fronts (deteriorating health, reduced income and job losses). By contrast, environmental performance […]