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It is almost impossible to listen to politicians, intellectuals and media personalities lately without hearing the lament that liberal democracies are being threatened by populists, usually of an authoritarian bent. At face value this assessment seems correct. But on closer examination, doubts grow about whether Western political systems can still be called democratic and liberal. […]

   During the press conference, which followed the 21st July’s meeting of the ECB Governing Council held in Frankfurt, Governor Mario Draghi declared that the European banking system currently has a “future profitability problem” rather than a “solvency problem”. He related profitability imbalances afflicting European banks with the high amount of non-performing loans (NPLs) in […]

Vladimir Lenin, Russia’s Communist revolutionary, famously observed that the “best way to destroy the capitalist system is to debauch the currency.” Indeed, monetary instability wreaks havoc with the markets and breaks down social classes. It destroys the savings of the middle class in particular. The myth that recessions and overheating can be prevented by central […]

Doom and gloom! Voters in the United Kingdom have decided to leave the European Union. Markets are tumbling, Prime Minister David Cameron has announced his resignation and politicians around the globe have expressed deep worry. Leaders of the various EU countries, as well as those in Brussels, have voiced their regret and warned of Brexit’s […]

Daniel Issing – blog author at studentsforliberty.org – reflects on the seminar ‘Semantic Traps: Politics with Loaded Terms’. It was held on June 9-11, 2016 in Vaduz (FL). Every libertarian is well aware of the odd name defenders of individual freedom use to label their position nowadays. In fact, the word “libertarianism” is a fairly […]