Capitalism, the market economy, and freedom are always on the defence, especially when politicians influence economic processes, guide behaviour, and regulate prices. In times like these, localisation is important.
The increase in tariffs on electric cars imported from China could be the last act of the outgoing European Commission and well describes its legacy and contradictions.
Poor policymaking has significantly contributed to Europe’s challenges across various fields. Despite politicians’ professed commitment to evidence-based policymaking, the paper highlights how decisions are infected by populism and short-termism.
The Italian minister of economic affairs, Giancarlo Giorgetti, has warned that radicalisation of environmental policies could result in a political “crisis of rejection” of their goals. These concerns are all but misguided.
Harry Lime, the villain of the classic movie The Third Man, is an early example of the kind of smart movie villain who is not simply randomly bad, but who rationalises his actions in ways that, in their own twisted way, make some sense.
Since its geopolitical turn, the European Commission has time and again reiterated the need for member states to level up the EU’s autonomous security and defence capabilities.