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Tag Archives: 6b.) Austrian center

Printing Money in Times of Corona

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is precisely...

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No Work in Europe Thanks to Lockdowns

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is...

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The end of central banking as we know it

The severest crisis the European Central Bank (ECB) ever faced coincided with the early days of a new Executive Board. Over the past year and a half, the board’s six members, including the ECB’s president and vice president, have all been replaced, either because they resigned, or because their eight-year mandate expired. New team By order of appointment, the new board consists of: Luis de Guindos, who replaced Vitor Constancio as vice president in June 2018...

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Socialist America?

The idea of socialism is still alive and well in 2021. Looking at the progressives on the fringes of the Democratic Party – the likes of Bernie Sanders and Elizabeth Warren, one might think they are the real culprits keeping the idea alive. Yet, just looking at the 2020 Democratic Party presidential debates, we can see just how alive socialism truly is. Almost all candidates promised ‘free’ stuff and demanded centrally planned solutions to practically all...

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God, Bitcoin, and Asymmetric Bets

Blaise Pascal was a brilliant mathematician, inventor of the calculating machine, and pioneer of probabilistic theory during the 17th century. His philosophical works were published posthumously under the title of Pensées. Although Pascal was not always devout, this final work laid out his defense of Christianity. For many years he surrounded himself with people dedicated to what he would later call diversion – which consisted of hunting, parties, and...

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New Opportunities 2021: Covid-19 and the future of shipping and aviation

The Covid-19 pandemic has disrupted transportation worldwide, sending shockwaves across supply chains, lowering demand and reducing revenue. Shipping and aviation especially experienced a steep financial decline. Companies have had to operate at limited capacity and growth prospects have dropped sharply. According to the World Trade Organization, global maritime trade volumes declined by approximately 10 percent in 2020. The International Civil Aviation...

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In One Image, Everything You Need to Know about Government Intervention

by Daniel Mitchell While I freely self-identify as a libertarian, I don’t think of myself as a philosophical ideologue. Instead, I’m someone who likes digging into data to determine the impact of government policy. US Consumer Goods and Services, Wages Price Change, 2000 - 2020 - Click to enlarge And because I’ve repeatedly noticed that more government almost always leads to worse outcomes, I’ve become a practical ideologue. In other words,...

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Extreme Poverty Shifts Gear… in Reverse

. The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is...

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Stillbirths on the Rise

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is...

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Governments Grow in Size

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is...

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