ONLY A FREE EUROPE CAN PROSPER

Dangers of ESM treaty

Experts' views on ESM

We are brinning you commetaries of the economics experts on the European stability mechanism.

Tags:

Economists and other experts call for a return to free, not centralised, Europe!

01. Feb 2012;

1 February 2012; Bratislava; Slovakia.  The Europe wide "Initiative for a Free and Prospering Europe" (IFPE - www.ifpe.sk) was launched on Monday, calling European leaders "to stop trying to solve the European economic problems through centralization, including the creation of a European fiscal union and of a European economic government". Economists warn that current attempts to solve the debt crisis with enforced centralization, as presented by Merkel...

.. celá správa ...

NEWS

Professor Hoppe’s new book: “The Competition of Crooks”

06. Jun 2012; Professor Hoppe’s new book: “The Competition of Crooks”
by IFPE

First of all, Mr. Hoppe, thank you for taking the time to give us this interview. You have written in your new book, Der Wettbewerb der Gauner (“The Competition of Crooks”), that “We don’t need a European super state, which the European Union is seeking to establish … but rather a Europe and world consisting of hundreds or even thousands of tiny Liechtensteins and Singapores.” Such a trend is not apparent at the moment, rather the opposite. Do things first have to get even worse – politically and economically – , before they get better again?

Unfortunately, I’m afraid so. Before that we’ll probably have to experience national bankruptcy spreading through Portugal, Spain, Italy and ultimately on to Germany...

.. celá správa ...

Growth vs Austerity: A False Dilemma (video)

28. May 2012; Growth vs Austerity: A False Dilemma
by Prof Philip Booth

Prof Philip Booth discusses austerity in the Eurozone and historical precedents for cutting government spending and avoiding tax increases (link).

.. celá správa ...

De Rugy: Why "Balanced" Austerity Isn't Helping Europe - And Why Spending Cuts Just Might

24. May 2012; De Rugy: Why "Balanced" Austerity Isn't Helping Europe - And Why Spending Cuts Just Might
by Nick Gillespie

Instapundit points to Reason columnist and Mercatus Center economist Veronique de Rugy's recent post at National Review's The Corner. It's her latest entry in an ongoing argument about what counts as austerity policy for governments and what sort of austerity is more likely to get a country's economy up and running again.
 
Characters such as Paul Krugman keep saying that austerity - by which they usually mean significant cuts in government spending - has been tried in Europe...

.. celá správa ...

Experts' views on ESM

20. May 2012;
by IFPE

We are brinning you commetaries of the economics experts on the European stability mechanism.

What do you think of the ESM?  Should the ESM enter into force? If not, why? What are main objections to the ESM from your point of view?
Roland VAUBEL, Professor of Economics at the University of Mannheim, Germany
The ESM would be a big mistake. The crisis is temporary, we do not need a permanent fund. Since it would charge very low, subsidized interest rates, it would reward and encourage unsound economic...
.. celá správa ...

Europe needs radical reforms

03. Apr 2012;
by Rudolf Požgay

Leaders of most European countries lead their country towards economic disaster, which may be associated with unpredictable social consequences. Development of economic indicators in recent years relentlessly convicts European leaders from ungovernableness of their task. The fact is, that European leaders are not able to manage the economy to reverse the negative trend of increasing debt. With the exception of two countries the countries of Europe increasingly go into debt. According to Eurostat by the end of 2011 EU27 debt rose to about EUR 10.5 billion, which is in comparison with 2005 an increase of over 52%. In Slovakia, the debt rose from EUR 16.8 milliard in 2005 to around EUR 30.4 milliard at the end of 2011, an increase of...

.. celá správa ...