Essays & News

As Europe navigates a complex landscape of internal and external pressures, an urgent question emerges: Are European nations prepared to defend their interests? Many countries in the continent are experiencing conflicting emotions regarding internal security, caught between despair and resignation. Key factors contributing to this unease include the influx of non-European immigrants and the lax […]

Just off the press: A brand new ecaef.org book presented by H.S.H. Prince Philipp of Liechtenstein at Pedro Schwartz’ 90th Birthday.   Indeed, economic analysis is woefully shortsighted when not grounded on a solid basis of liberal political philosophy. And conversely, political philosophy will be buffeted by the currents and crosswinds of mere fashion if […]

Violent crime is on the rise in many European countries, and internal security is worsening. Germany has seen cases of unprovoked attacks, some with knives and others with automobiles. Most recently in Aschaffenburg, Bavaria, an Afghan immigrant attacked children from a kindergarten, killing a two year-old and a courageous passerby who gave his life to protect the […]

  When Xi Jinping became president in March 2013, there was widespread optimism across China. At that time, many Chinese economists held a linear viewpoint, believing that the country’s development would progress continuously. However, today, China finds itself trapped in a deflationary cycle. Deflation occurs when weak demand leads to falling prices for goods and services, […]

  The Chinese economy is in trouble, and there is little hope for a recovery. Although its annual gross domestic product (GDP) growth has remained just under 5 percent over the past three years, doubts about the meaning of that figure are growing. Growth in fixed investments (machinery and equipment) has slowed considerably, from 9.9 percent […]