Competition

The Bolivian Fairy Tale – The Illusory Success of “21st Century Socialism”

For years Bolivia was considered a successful example of the “Socialism of the 21st century”. An apparently booming economy blinded economists and politicians and obscured the view of a regime that was in reality authoritarian and corrupt.

After Brexit: The EU Fears Regulatory Competition and Behaves Like an Empire

Brexit could be “perceived as a success,” as high EU officials fear. In addition, Brexit marks the beginning of a new competition for solutions that has made Europe innovative.

How the French state eats up the well-being of its people

The billions spent by the European Central Bank are not going to save the labor markets of Italy and France. This is proven by figures from the everyday business world. 

The Entrepreneur’s Responsibility Is to Succeed as an Entrepreneur

From a “man of the church” one usually expects (besides friendly praise for the work of the entrepreneur) the admonition that entrepreneurs should not merely strive for profit, but always

The Market and Morality: Is the Market Moral?

Individual morality (and that of small groups) differs from the morality of large systems. It is important to have good social rules that are applicable to all, and which create the right incentives for responsible economic and political behavior.

Elon Musk’s Reach for the Stars: Why Eccentric Entrepreneurs Also Benefit the Rest of Us

Elon Musk might rub some people the wrong way, but this eccentric entrepreneur has accomplished some things that many believed were unlikely or even impossible. And ultimately society has benefited.

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