Publications

September 3, 2020

Challenges Related to Fair Minimum Wages

This position paper is a response to the European Commission’s second phase consultation with social partners. The EC’s initiative has a general objective of ensuring that “all workers in the EU are protected by fair minimum wages, allowing for a decent living wherever they work.”
September 2, 2020

The Response to the Pandemic: a Hayekian View

Socio-economic systems should be understood as ‘complex’ phenomena that cannot effectively be controlled or managed through central planning. In general, markets and other decentralised governance mechanisms that rely on competition and signalling are better placed to facilitate learning and adaptation in conditions of complexity.
August 6, 2020

Chinese Puzzle

Covid–19 is provoking a major reorientation of the foreign policy of the US and Europe. At the heart of this is their changing relationship with China. Before the Coronavirus there were concerns over the actions of the Chinese government, but the pandemic has given rise to fears of a new Cold War.
July 13, 2020

Aiming at a Common Market, Not Redistribution

In 2018 the European Commission presented its proposed EU budget as “new,” “modern” and “focused.” However, in terms of its expenditure and revenue the budget proposal continues to diverge significantly from what would appropriately address current challenges facing the EU27 and contribute to its economic dynamism, well-being and security.
June 25, 2020

Coronavirus and the Economic Value of Human Life

The Covid-19 crisis has provided many grim examples of some familiar problems in health economics and cost-benefit analysis, and of the ‘tragic choices’ that sometimes need to be made.
June 18, 2020

Inflation: The Next Threat?

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state borrowing from both national central banks and commercial banks.
May 14, 2020

Model Behaviour: How Economists Can Shape the Post-lockdown Word

The seminal work on epidemiological models was carried out in the late 1920s and early 1930s. The models have developed substantially since then, but their key drivers are still essentially those discovered nearly a century ago.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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