Insights

A penny saved is a penny earned

When it comes to regulatory burdens, it is not necessarily the cost of a specific regulation that matters. It is the fact that many such seemingly trivial regulations taken together impose substantial costs on businesses. […]

Business Spectator

Public broadcasting is poor economics

In a world of hundreds of TV channels, internet streaming services and encrypted broadcasting, why do we still have giant public broadcasters? This is the question that German economists Justus Haucap, Christiane Kehder and Ina Loebert ask in a new paper for the Berlin-based think tank Prometheus Institute. […]

Business Spectator

Why the EU is hung up on mobile roaming

The idea of abolishing all roaming rates across the EU may have populist appeal, and it is easy to see why EU politicians are pushing the idea. However, it is equally clear why such a policy does not make much sense. […]

Insights

Plain stupid

In a world of complex markets with millions of buyers, sellers and products, brands provide orientation. This is what brands contribute to civilisation. […]