What no one wishes to admit is that lobbying is simply rampant corruption that has been anchored in legality by those who profit from it: politicians. Simple principles like a level playing field – a citizen does not have the funds to wine and dine politicians, invite them to luxury “information travel”, provide them and their families with well paid jobs (during and after their politically active period), etc. – seem to be irrelevant with regard to lobbying.
Bill Black is always a voice worth listening to. He is Associate Profess of Law and Economics at the legendary Department of Economics at the University of Misssori-Kansas City. Read here
The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine […]
EU leaders have entirely failed to solve any of the structural problems that led to the Eurozone crisis. Read here
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