Essays & News

  Over the past several years, much has been said and written about the state of the financial markets and the ongoing bull run, particularly in United States equities, which seems even more striking when compared to data from the real economy. The decoupling between stock markets and the broader economy, which has been underway […]

We are pleased to announce a new collaboration between the Institute for Research in Economic and Fiscal Issues (IREF) and the European Center for Austrian Economics Foundation (ECAEF), focused on publishing a series of articles on economic and fiscal topics. It emphasizes our commitment to independent thought, academic freedom, and critical inquiry.   On July […]

  Over the past 80 years, policymakers have recognized the benefits of free-trade principles. They gradually agreed to restrain their discretionary power and abstain from regulating trade to raise cash (tariffs) or create privileged positions for selected producers (non-tariff barriers). International agencies were established to ensure that an increasing number of countries reduced their trade […]

  On September 22, the United Nations celebrated its 80th anniversary. More importantly, on the same day, the High-Level Conference on the Peaceful Resolution of the Palestinian Question and the Implementation of the Two-State Solution was held. The United Kingdom, Canada and France, among others, formally recognized the state of Palestine. The two-state solution is […]

  On July 17, the United States House of Representatives passed a bill prohibiting the Federal Reserve from creating a Central Bank Digital Currency (CBDC). Lawmakers consider the technology a threat to financial privacy and freedom, calling it incompatible with America’s fundamental democratic principles. The bill also codifies U.S. President Donald Trump’s executive order from […]