English

  European nations have never been able to develop a credible joint military capability. In 1954, France torpedoed the attempt to establish the European Defense Community (outlined in the 1952 Treaty of Paris), and NATO has remained the only common defense umbrella. It is based on American resources and equipment plus American, French and British […]

  As the first-half mark of this decade approaches, global policymakers are striving to project optimism. Growth rates are low but still positive, they say. Central bankers created inflation but have largely succeeded in taming it. Job vacancies are soaring, and unemployment rates are nothing to worry about. Finally, in many advanced countries, public indebtedness […]

  Abstract In 1992, Sweden went from a highly centralized school system where almost everybody was enrolled in government-operated schools and private alternatives were almost non-existent to one where parents/students could choose between different public schools and – through a voucher system – also among approved private schools. The “independent schools” as the privately operated […]

  It is often assumed that governments should provide, regulate and finance education. There are several economic arguments put forward to support this premise: that education is a public good, a merit good, has beneficial externalities to a population and children need protecting from irresponsible parents. But even if all these economic arguments hold true […]