At the beginning of his term in office, Donald Trump caused quite a political stir with the American government’s demand for ‘balanced trade’, but at its core, he was pursuing a goal that was entirely rational (as demonstrated here, …
It’s already starting: one of Germany’s largest trade unions, the chemical industry union IGBCE, is entering collective bargaining negotiations, which are set to begin in January, without any specific demands. ‘Every job counts, every euro counts,’ says the union, …
The first quarter of this century has come to an end, and unfortunately we must conclude that humanity has not become any wiser over the past hundred years. The mid-1920s have become a symbol of light-heartedness, but in reality it was a dance on the edge of a volcano. …
It was only a matter of time. First, the economic amateurs pounced on the welfare state, now they are attacking the core substance of the economy. As in the 1970s and 1990s, ‘German economic experts’ jump on the ‘tried and tested’ recipes with little delay whenever a crisis arises. …