Disintegrating Europe

December 6, 2016 0

Europe was founded and edified on the famous principle of the four liberties. Capital, goods, services and work are meant to be able to move without any restriction anywhere in this mercantile Europe. Unlimited competition goes hand in hand with minimum control over the private sector, which together are supposed – according to the irrefutable…

By Michel Santi

Brexit versus globalisation

November 5, 2016 0

Brexit was much more than a British electoral consultation to leave the Union. The issues were actually much more serious – and critical for some – than the relatively anecdotal aspect of a country that had never really integrated into Europe. Despite what had been stigmatised by the partisans of the Remain camp, Brexit was…

By Michel Santi

The euro and the gold standard

October 23, 2016 0

Well before the creation of the euro, the Canadian, Robert Mundell, was to enumerate the conditions of success for a monetary union. His works won him the Nobel Prize in 1999, precisely the year that the euro was launched. According to Mundell, a currency shared by a large geographic area is only viable when there…

By Michel Santi

Capitalism: soon to be a barbaric relic?

October 6, 2016 0

“The great struggles of the twentieth century between liberty and totalitarianism ended with a decisive victory for the forces of freedom—and a single sustainable model for national success: freedom, democracy, and free enterprise. In the twenty-first century, only nations that share a commitment to protecting basic human rights and guaranteeing political and economic freedom will…

By Michel Santi

Globalisation: R.I.P.

August 10, 2016 0

Globalisation is dead: long live deglobalisation! While Brexit has (fortunately) not been the cataclysm that analysts had so predicted, it is nonetheless the most spectacular manifestation of the end of the reign of globalisation. A revolt against the elites has indeed been brewing – across Western countries – since the crises of the years 2007…

By Michel Santi