In the last sixty years, the institutionalized cooperation between sovereign nation states in Europe has been a major success. Underpinned by a U.S. commitment to the defense of Europe, European integration has delivered the longest period of peace and prosperity across most of Europe since the times of the Roman Empire. However, sixty years after the …Read More

Adequate ECB Policy Reduces Risks For five years, many German academics and the mass media have warned that the unconventional policies of the European Central Bank (ECB) would lead to higher inflation. Year after year, the facts have proven them wrong. Inflation has fallen to just 0.3 percent for the euro zone instead. Even Germany …Read More