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Macron's yellow vests concessions are bound to make things worse

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Blogger: Bill Wirtz
Macron's yellow vests concessions are bound to make things worse

In light of the yellow vests protests in France, president Emmanuel Macron has made a number of concessions to the movement. However, the people involved in the Gilets jaunes demonstrations aren't likely to be helped by those measures.   Macron's announcement   On Monday, Emmanuel Macron made a national TV announcement addressing the "Gilets jaunes" protests, and…

A European Central Bank Primer (I): Objective, Organization and Responsibilities

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A European Central Bank Primer (I): Objective, Organization and Responsibilities

Next year marks the 20th anniversary of the Euro, the most important step in the European integration process since the Treaty of Rome. Six months prior to the official launch, the European Central Bank (ECB) was established to administer the new common currency in the eleven countries that originally designed the monetary union. Since then, eight more countries have joined the Eurozone, which is…

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

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

Walter Block "Almost 70% of American voters under the age of 30 voted for Obama.  Why isn't anyone calling for the deportation of America's youth, or limits on fertility to raise our average age?" Bryan Caplan (2009) Walter Block’s case for free immigration (1998, 2011a, 2011b) can be divided in, at least, two sections. One consists in his own position about…

Burrowing into Books - "The Thirty-One Kings"

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Burrowing into Books - "The Thirty-One Kings"

“The Thirty-One Kings” Robert J. Harris   “As the sun slanted toward the west, the cries of plovers and curlews echoed off the hills and the breeze carried a tang of burning peat from the hearth of a far-off cottage.”…

Can a map be a tool of propaganda?

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Can a map be a tool of propaganda?

Presenting Crimea as a Russian land on a map is a trick of the Russian propaganda that even pro-Ukrainian people fall for.   In March 2014, Russian troops - disguised as members of “local militia” - invaded the Crimean peninsula and Russia soon annexed it via setting up an ad-hoc, unfair and internationally unrecognized referendum. The act was instead named by the vast majority…

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

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

Ben Powell “Immigrants tend to have especially desirable behavioral characteristics from the economic point of view. Compared to natives, their rate of participation in the labor force is higher, they tend to save more, they apply more effort during working hours, and they have a higher propensity to start new businesses and to be self-employed. They do not have a higher propensity to…

Why I don't vote

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Why I don't vote

The Stanford Encyclopedia of Philosophy defines democracy as “a method of group decision making characterized by a kind of equality among the participants.” In effect, democracy can be a useful mechanism for making collective decisions. For instance, an association representing the homeowners of a residential community can make the decision of renovating the pavement of a street after…

Back in the 1970s, British socialists made a free-trade case against the EU

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Blogger: Bill Wirtz
Back in the 1970s, British socialists made a free-trade case against the EU

As Brexit dominates the news, we can look back and notice that the United Kingdom had a very similar debate on the European Union 40 years ago. The positions of left and right, however, were reversed.   The EEC   In June of 1975, the United Kingdom held a referendum to decide whether or not it wanted to remain in the European Economic Community (EEC), the precursor to the European…

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

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

Immigration is a pressing issue nowadays, especially in Europe and the United States. Some of the most interesting scholarly literature about it comes from the field of economics. Within economics one can find the Austrian School of Economics or Austrian tradition.  Austrian economics are usually –and with good reason– related with the tenets of Classical Liberalism and even…

Anti-competition and "unfair" advantage

Anti-competition and "unfair" advantage

For the last two or three years, the BBC has sporadically published articles on “smart drugs,” or nootropics (amphetamines used to increase concentration), and the effect their use have on the work place. Immediately, the narrative is distorted because while nootropics are a type of drug, they are not in the same category as the substances traditionally stigmatized by the word…

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