Germany has been experiencing economic contractions for two years. To recover, it must abandon the self-defeating, ideology-driven government projects.

29.10.2024

Our Mission is to spread the word about Austrian School of Economics and the works of it’s founders. See for yourself how implementing those principles can change your organisation for better.

Household balance sheets have rarely looked worse. Individuals are holding much higher levels of unsecured debt with far lower savings than they historically have.

27.10.2024

Migrants should learn that reaching Europe will not necessarily mean receiving welfare benefits. Milton Friedman, a Nobel laureate in economics, famously stated, “You cannot simultaneously have free immigration and a welfare state.”

24.10.2024

Many consumers may not grasp the full long-term impacts of inflation, but they feel the immediate pinch of reduced purchasing power.

16.10.2024

Rather unusually, the Nobel Prize in Economic Sciences was awarded yesterday in equal parts to three professors living in the USA: Daron Acemoglu (MIT), his colleague Simon Johnson (MIT), and James A. Robinson from the University of Chicago.

15.10.2024