It came as a bit of a surprise when I discovered a new paper written by two, well, economists claiming that economics makes you happy. To add to my sense of astonishment, the economists were German and the objects of their study were young German economists. […]
With all of Europe’s woes, the ECB now looks like the last institution able to move the continent’s economy. But even the ECB cannot achieve what Europe really needs to make it viable in the long run: painful but effective economic reforms. […]
Euro periphery countries should have the courage to rid themselves off the shackles of an ill-designed currency union that they should have never joined in the first place. What do they have to lose? […]
“Don’t mention the War” was not just a Fawlty Towers quote – it was my experience growing up in Germany. Against this background, the colourful ways in which the wars a remembered in the Commonwealth still strike me as odd. […]
The next stages of the euro crisis are already programmed into the system. It is just a matter of time until the current period of calm ends. And though it is impossible to when we can expect the next euro storm, one thing we can say with certainty: The euro crisis is not over. Far from it. […]
Ludwig Erhard’s insistence on the social market economy made West Germany rich after the War. His ideas could well help to keep developed countries prosperous under different circumstances today. […]
Every achievement is a result of effort and determination. To make this country even better for the future, it will take the same courage and purpose that it took previous generations to build the New Zealand we live in today. If we do not want to fall behind, we cannot afford to stand still. […]
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