EU competition policy should not be sacrificed but trade policy should be strengthened In February 2019, Margrethe Vestager, the EU Competition Commissioner, blocked the proposed rail merger between Siemens and Alstom (European Commission 2019). But,…
By Howie Klein. Published at DownWithTryanny! The Deseret News in Utah is far more conservative than the Salt Lake Tribune. But last week, the paper’s ran an OpEd that one wouldn’t expect to see in…
The arguments for liberty are richer and belong to a deeper and more credible tradition than the authoritarians’ arguments. Nowhere perhaps is this more obvious than in the area of international trade. We can speak…
My friend Meb Faber of Cambria Investments referenced these charts via Amundi in his research email list. (You can sign up here) Several charts caught my eye — emerging markets remain attractively valued and priced;…
Jerri-Lynn here. Last week Queensland gave approval to Indian mining company Adani’s controversial Carmichael coal mine – reminding us that it’s not just in the United States where fossil fuels interests hold sway. Make sure…
Largest world stock of animal-killing virus destroyed by UK lab BBC Why sleeptrackers could lead to the rise of insomnia – and orthosomnia Guardian In Pablo Picasso’s Studio During the Nazi Occupation of Paris Literary…
NYC denizens! I know I’m swimming against the stream in announcing an event for a summer Sunday, when many people choose to blast out of town. But I hope you will make an exception and…
Yves here. As the old saying goes, “The yield curve predicted nine of the last five recessions.” By Inês Gonçalves Raposo, an Affiliate Fellow at Bruegel who previously worked for the Financial Stability Department of…
Stan Olijslagers, Annelie Petersen, Nander de Vette, Sweder Van Wijnbergen 17 June 2019 In the wake of the Global Crisis, policymakers ran into what, until then, had seemed a merely academic possibility – the effective…
Despite three generations of the Stability and Growth Pact (SGP) rules, the EU rules have failed fully to meet their objectives. Recent debate in Europe has focused on increasing the role of an expenditure rule…