The leaders of the G7, an informal bloc of industrialized democracies consisting of the United States, Canada, France, Germany, Italy, Japan and the United Kingdom, met last week in Ise-Shima, Japan. In their joint declaration, the seven heads of government, among other things, confirmed their commitment to Iraq’s unity and territorial integrity, pledging $3.6 […]

Central Banks, Fiscal Policy and the Betrayed Citizen The XII. International Gottfried von Haberler Conference took place on May 20, 2016 in Vaduz, at University of Liechtenstein. Topic: “Central Banks, Fiscal Policy and the Betrayed Citizen” (German translation: “Über Zentralbanken, Schuldenpolitik und den geprellten Bürger”). The event was organized and hosted by ECAEF – European […]

    To be sure, over the last years we have witnessed – especially in the media – an increasingly indiscriminate and misleading use of the term “excellence”, which is usually seen as the sole route towards modernization and social, political and cultural development. Yet it takes some qualifications and a bit of caution, if […]

The G20 finance ministers and central bank governors have already met twice this year to discuss the world economic situation, writes Prince Michael of Liechtenstein. After the February meeting in Shanghai, they released a cautiously optimistic communique congratulating themselves for “important achievements” in bolstering growth and stability. This was revised to an even more optimistic […]

Semantic Traps: Politics with Loaded Terms A Seminar for Scholars, Journalists and Entrepreneurs “One must always repeat the truth, because even the error around us is preached again and again. And not from individuals but from the crowd.” J.W. von Goethe When political speech writers pen speeches for presidents, prime ministers, and other influential dignitaries, […]

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