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economics

December 14, 2018
Published by IEA on December 14, 2018
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Either Goods Will Cross Borders, or Armies Will

The practice of economic sanctions is not new. 2,400 years ago, Athens declared a trade embargo on the neighbouring city state of Megara, strangling the city’s trade. But it is in the modern age that sanctions have become a popular tool of foreign policy. So, do sanctions work?
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December 20, 2016
Published by EPICENTER on December 20, 2016
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The Economics of Christmas: The True Value of Christmas Presents

As the festive season approaches, it’s time for economists’ annual disquisition on the efficiency of gift-giving. This tradition was inaugurated, more than twenty years ago, by Joel Waldfogel, then at Yale University, who formalised the critique that non-cash presents are economically wasteful.
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May 16, 2016
Published by IBL on May 16, 2016
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An Interview with F. A. Hayek’s Student, Kurt Leube

“When I turned 15, my parents gave me a copy of “The Road to Serfdom”. Some of the ideas in Hayek’s book came as a shock to me, and I contacted the editor, who eventually gave me the address of Hayek’s summer residence in Tirol. I knocked and he opened his door. We started discussing, and we never stopped, until his last years.”
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