Die EU hat Einzelhändlern verboten, Kreditkartengebühren von Verbrauchern zu verlangen. Eine solche Regulierung kann sinnvoll sein, aber auch das Gegenteil bewirken – wie das Beispiel Fluggebühren zeigt.
While France and Spain are heavily lobbying for the adoption of a “GAFA” tax (Google, Amazon, Facebook and Apple), also known as “Google tax”, Germany has chosen a more careful approach. Rightfully so.
Luxembourg’s Ministry of the Economy supports sharing services such as Airbnb, yet the minister of transport has banned the ride-sharer Uber. This contradiction won’t have escaped those who follow government policy closely – and who can only be surprised by the gulf between deputy prime minister Etienne Schneider (LSAP) and transport minister François Bausch (déi […]
Since the end of communism, countries suffering from the economic destruction of collectivism have risen out of the ashes, and are turning into prosperous and modern countries. Time to celebrate!
Facebook founder Mark Zuckerberg recently appeared in a hearing in the European Parliament. EU legislators wanted to re-create a similar situation than the hearing conducted in the U.S Congress. Once again, Zuckerberg found himself at a public trial, being used for the self-aggrandisement of politicians. Why does nobody appreciate the value created by Silicon Valley […]
When we think about people in the public eye we should thank, we think of figures such as Mother Teresa (we’ll let Christopher Hitchens spin in his grave at this mention) or Princess Diana, who virtuously stood out because of their charity work. However, it is demonstrably true that the people who create the technology […]
The European Union is cracking down on alcohol consumption. The newest idea: changing tax policy to incentivize the brewing of beers that are lower in alcohol percentage. This change will hurt craft breweries.
Advocates of government interventionism continuously try to make consumers appear as the victims of large corporations, who are being enslaved by consumerism and predatory advertisement. However, it’s actually consumers who together make the decisions of what is being sold in the first place.
In Europe, air travel has been a blissful example of how the free market can lower transport costs for consumers. But now, it is coming under fire from environmentalists.
Will robots take my job?’ is a frequently asked question today. So frequent, in fact, that there is even a website – willrobotstakemyjob.com – attempting to answer precisely that question with a statistically accurate calculation. It suggests that a credit analyst, for example, is running a 98 per cent chance of being computerised, while an editor at […]