free market

August 30, 2023

25 Years on: “Globalisation” Revisited

When I visited my parents earlier this month, I stumbled across a book which I remember using as a reference for a final-year school essay: Globalisierung: Politische, ökonomische und kulturelle Herausforderungen (=Globalisation: Political, Economic and Cultural Challenges) by Helmut Schmidt.
November 11, 2020

Economically Free Countries Have Fewer and Less Severe Economic Crises

With most of the world in a deep economic crisis due to coronavirus and the government reactions to it, knowledge of effective crisis policy has become salient.
October 14, 2020

International Tax Competitiveness Index

The International Tax Competitiveness Index (ITCI) seeks to measure the extent to which a country’s tax system adheres to two important aspects of tax policy: competitiveness and neutrality.
February 26, 2019

Better Regulation: Risks, Markets, Responsibility

A popular explanation for economic scandals, crises and suboptimal market outcomes is the lack of government regulation. This interpretation is intensively promoted by the promoters of a “bridled” market and by the communication departments of the respective administrations: only the supervision and control of the market economy by the bureaucratic state would ensure the integrity of economic actors. This would even apply to competition, which would allegedly be endangered without a dedicated authority.