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In its war against disinformation, the European Union goes too far

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Blogger: Bill Wirtz
In its war against disinformation, the European Union goes too far

The European Union wants to do more to combat the spread of fake news. The tools it uses, however, will hand too much power to the government.   Fighting fake news   When current European Commission president Jean-Claude Juncker was asked by German newspaper Bild what advice he would give to his successor (we don't know yet who it is going to be), the Luxembourger said:…

Things and joy

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Things and joy

“I looked around the rooms I did not see as rooms, but more as landscapes for my emotions, a biography of memory.”…

A selfie in Pripyat

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Blogger: Bill Wirtz
A selfie in Pripyat

I experienced some social media backlash after posting a selfie from the Chernobyl Exclusion Zone. Beyond the usual problem of annoying comments, this experience raises questions about our current social media use.   Ferris wheel selfies   The iconic ferris wheel in Pripyat, abandoned inside the Chernobyl Exclusion Zone since the accident in 1986, is a good place to take a selfie.…

Is a Paneuropean Empire the Answer for Europe?

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Blogger: Kai Weiss
Is a Paneuropean Empire the Answer for Europe?

Reflecting on Karl Habsburg’s Europe, Liberty, and Geopolitics Speech When a royal figure speaks about our future, one listens. This was certainly the case in past centuries, but it is still true today in an age when most kingdoms have vanished from the world. And so it was naturally the case that more than 150 guests at the Hayek Days, which took place in Vienna this year, hung on…

Low entry threshold, or affirmative action: a case study

Low entry threshold, or affirmative action: a case study

Over the 2010s, a pointless drama played out in the American Supreme Court - twice. A young woman, Abby Fisher, filed a personal injury lawsuit against University of Texas at Austin for not admitting her as an undergraduate. In fairness to Fisher, it turned out that the suit was the concoction of adults in her life who wanted it to become the landmark case that would bring down institutional…

Who will succeed Mario Draghi as head of the ECB?

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Who will succeed Mario Draghi as head of the ECB?

The days of Mario Draghi as head of the European Central Bank are coming to an end. Next October, Draghi will cease to be one of the most powerful central bankers in the world after eight years in office. A hero for some, a villain for others, everyone agrees that his mandate will go down in history as one of the most decisive in the short history of the euro as he was forced to cope with a…

Remember Macron’s new food bill? It backfired as anticipated

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Blogger: Bill Wirtz
Remember Macron’s new food bill? It backfired as anticipated

Last year, the French legislature passed the “Loi EGalim”, intended to re-establish fairness between food producers and retailers. But none of the “fairness” measures have made anything fairer. Quite the contrary.   What happened   In a piece for FEE back in February, I went through the different dispositions in the bill. One of the flagship policies included…

Mr. Trump, leave the Fed alone

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Mr. Trump, leave the Fed alone

One sometimes wonders if Trump’s irresponsible statements have other objective than to show his bold ignorance on economic and political issues. Last week, the US President lashed out at the Federal Reserve for its stance on monetary policy. In a nutshell, he complained about the dollar appreciating against the Euro as a result of Fed’s policies. This, according to Trump, undermines…

What is the place premium?

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What is the place premium?

Wage differentials within a country can be explained by factors such as work experience, years of education, or career choices. Yet things get more complicated when comparing wages from workers living in different countries. When we do so, we need to take into account an extra factor: migration barriers. This is exactly what economists Michael Clemens, Claudio Montenegro and Lant Pritchett do in…

Should we sift through old tweets?

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Blogger: Bill Wirtz
Should we sift through old tweets?

Remember the tweet you thought was hilarious, but that would now land you in hot water? Yeah, you know which one. But should it even get you in trouble?   What is Twitter?   Twitter is by far the most spontaneous of all social media sites. Twitter's timeline is great for reactions, quotes, and gives a lot of visibility for a briefly worded thought. Facebook encourages…

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