Five years after the start of the debt crisis in Europe, which was triggered by the global financial crisis, which later turned into an economic one, Greece is once again at the center of debates about the future of the European Monetary Union. Unlike in 2010-2012, however, the main attention is now paid to Greece, due to the fact that the other …
More »2015.07
Technology needs capital to drive economic growth
Frank Shostak In his article “The Big Meh,” Paul Krugman laments that despite all the advances in information technology, its effect on economic growth has so far been negligible. He writes: “The entire digital era, now more than four decades old, seems like a disappointment. New technologies have led to great discoveries, but …
More »Restrictions on cash payments: an effective measure against crime or hidden protectionism?
Over the past few years, many governments around the world, along with central and private banks, have been gradually trying to minimize or completely eliminate cash payments. The idea is to make all types of transfers and commercial transactions via banking and/or digital channels as soon as possible. In order to …
More »The Gift of Truth
David Shellenberger If your eyes are open and you see the truth, then you know that freedom means having no master. You know that democracy is not a goal, because it is simply a form of government. You know that constitutional government is simply government, and the constitution does not really limit it. You know that politics …
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EKIP– Expert Club for Economics and Politics A Different Opinion