What is happening in Turkey is astonishing: in just 3 months, the Turkish lira has lost the 30% of its value and inflation has risen by 15%, but the question is another, why? The answer is easy and is because Erdogan and his government and carried out an irresponsible monetary policy, really expansive and history…
Category: Economics
The EU competition policy: beyond pure laissez-faire and nationalisations
One of the reasons why I love the European Union is because I see it as a place which wants to promote business and a free market economy which really works in an efficient and inclusive way, and I will tell you more: it really does. The EU is, at least from a legal point…
Airbus and Harley-Davidson: how Trump and Brexit are becoming the enemies of business
The two great 2016 earthquakes are finally “stabilising “: Brexit and Trump are backfiring and unfortunately those paying the price for it are the people of their own countries. In one week the Harley-Davidson, the motorcycle company, will move part of the production to Europe as a response to Trump’s tariffs on steel and aluminum,…
Friedrich Hayek: a liberal defender of the individuals
On 8 May 1899, in a decadent but shining Vienna, Friedrich Von Hayek was born: but who was he? An economist? A sociologist? A political theorist? A philosopher? Maybe it’s the destiny of great people to be like this. He was Austrian like his liberal colleague and friend Karl Popper: if we want to summarise…
The Window on the World 