In the Financial Times, Martin Wolf noted a few days ago that imbalances in international trade are back on the political agenda. Although Wolf reaches entirely reasonable conclusions regarding mercantilism, he nevertheless states that it is nonsense […]
Isn’t it convenient that people are poor. As Bertolt Brecht famously wrote: “First comes food, then morals”. If you are hungry, it matters little what you eat. The increasing poverty in Europe has raised the […]
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