Blog

A neglected hero: part I

A neglected hero: part I

American President Grover Cleveland (1837 – 1908) is rather neglected in the sequence of US leaders. For schoolchildren, he appears as the man who was both the 22nd and the 24th president – he lost his reelection bid the first time to Benjamin Harrison but then defeated Harrison in his reelection bid four years later. Cleveland deserves to be remembered for much more than his dramatic…

Morality and Evolution

Categories:
Morality and Evolution

  “Science is the search for truth, that is the effort to understand the world: It involves the rejection of bias, of dogma, of revelation, but not the rejection of morality.”…

Open Borders? Maybe Not. Immigration According to the Austrian School (Part V)

Categories:
Open Borders? Maybe Not. Immigration According to the Austrian School (Part V)

Hans-Hermann Hoppe “The lower middle classes –the French that one no longer dares to call Français de souche (ethnic French)– are already moving out of the Parisian suburbs and farther into the countryside. They have experienced that in some neighborhoods they are the minority in their own country. They are not afraid of the others, but rather of becoming the others…

Tax competition again under fire by European Commission

Blogger: Bill Wirtz
Tax competition again under fire by European Commission

The European Commission is attempting to secretly consult member states on unanimity voting on tax issues through a consultation process launched just before Christmas. In his recent piece titled “Don’t give The EU Commission more power to introduce new taxes“, Values4Europe blogger Anders Ydstedt lays out the pro-liberty case against the European Commission's push against…

A European Central Bank Primer (IV): Transmission Mechanisms of Monetary Policy

Categories:
A European Central Bank Primer (IV): Transmission Mechanisms of Monetary Policy

In a previous article, I introduced the concept of long-term neutrality of money, which the ECB defines as a general principle according to which “a change in the quantity of money in the economy will be reflected in a change in the general level of prices. But it will not induce permanent changes in real variables such as real output or unemployment.” Put differently, monetary…

Don’t give The EU Commission more power to introduce new taxes

Don’t give The EU Commission more power to introduce new taxes

When most of us where occupied preparing to celebrate Christmas the European Commission launched a web questionnaire on the initiative to move to a qualified majority voting on tax issues. This has been done without almost no media coverage. On january 15 the Commission will present the consultation. It is important for friends of liberty and lower taxes to react against this initiative. This is…

Open Borders? Maybe Not. Immigration According to the Austrian School (Part IV)

Categories:
Open Borders? Maybe Not. Immigration According to the Austrian School (Part IV)

Murray Rothbard   “… A wide and diverse range of communities which people can enter if they are admitted, leave if they wish to, shape according to their wishes”. Robert Nozick (1974: 307)   We have now reached Murray Rothbard and with him, we start our review of Austrians who are against unrestricted immigration. As we said in the introduction, Rothbard work in…

France's extremes could capitalise on the yellow vest movement

Blogger: Bill Wirtz
France's extremes could capitalise on the yellow vest movement

The yellow vest movement has taken its toll on the presidency of Emmanuel Macron. Given the upcoming European Union elections in May, the French president has everything to lose. All the far-left and the far-right need to do is wait it out. For weeks, the "Gilets jaunes" (French for “yellow vests”) have been both protesting and rioting in the streets of the major cities of…

Crowhurst: An allegory

Crowhurst: An allegory

Afficianados of yacht racing are aware of the Sunday Times Golden Globe Race, a solo circumnavigation contest. Merely finishing the race is a major achievement, and there is a significant amount of prize money attached, as well as professional recognition and honors. The 1968 Race welcomed a curious entry: Donald Crowhurst (1932 – 1969), whose misadventures nearly destroyed the viability of…

A European Central Bank Primer (III): Unconventional Monetary Policy Tools

Categories:
A European Central Bank Primer (III): Unconventional Monetary Policy Tools

In the second part of this primer, I discussed how the ECB conducts monetary policy with the aim of achieving price stability in the Eurozone. As shown, the ECB has historically employed three different policy tools to control the price level: open market operations (and more specifically, main refinancing operations), reserve requirements and the so-called standing facilities. Yet the 2010…

© Values4Europe