
2006/05/07 - Gabriel CalzadaZapatero’s Productivity SolutionsWith price inflation running rampant, family savings in the dumps, private credit expansion sky-high and worker productivity in the red, the Spanish economy’s competitiveness is collapsing. The government doesn’t seem to know how to stop inflation, but for the past two years Moncloa has been advertising a state run plan to encourage R&D that will save our competitiveness. Can Moncloa really believe this? |
2006/04/27 - Jorge ValínWho Causes SicknessIn a recent conference on the “creation of new illness” David Henry, professor of Clinical Pharmacology at the University of Newcastle, Australia said “false pain turns healthy people sick. They tend to exaggerate small problems with the aim of increasing their profits.” For Henry a part of current illness is caused by pharmaceutical and marketing companies.
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2006/04/23 - Gabriel CalzadaBill Gates’ CrimeIn 2004 the European Commission fined Microsoft €497 million and forced it to undertake a variety of business actions. To date, it is the largest penalty imposed on a company in Europe for “monopolistic practices”.
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2006/04/16 - Gabriel CalzadaKeep Your Visa In A Safe PlaceNeelie Kroes, European Commissioner for Competition, is determined to organize Europe’s market like her own garden. We all remember her smiling response to the media after a journalist found the report on Gas Natural’s takeover bid of Endesa in the trash: the report had been rejected.
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2006/04/16 - José Carlos RodríguezLearning LiberalismWhat books should someone read to learn the basics behind the liberal perspective? Starting with the economy, my first recommendation would be The Theory of Economics by Wilhem Röpke. The author says this is the book he would have liked to have as a youth to learn about the subject and there is certainly no other book as simple and complete.
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2006/04/07 - Pablo MolinaThe Mischievous LynxThat the lynx is an intelligent animal is an undeniable fact; what we didn’t know until Narbona discovered it for us was the existence of Marxist lynxes.
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2006/04/02 - Gabriel CalzadaIncompetent EuropeThe European Commission is worried because after years of intervention against Microsoft, it is possible this company might still be able to compete. The Commission’s spokesman for competition reveled they fear the new operating system Windows Vista, “might include several elements that are now available separately.”
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2006/03/25 - Jorge ValínMicrosoft And GlobalizationThomas J. DiLorenzo, professor of economics at Loyola College, wrote a well-known essay based on history titled “The Myth of Natural Monopoly” in which he concludes that in the free market monopolies as such do not exists. Therefore, they are always transitory, just like any other company. Only the state can create monopolies by law.
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2006/03/25 - José Carlos RodríguezPrivatize WaterWorld water day was held this week, another of the media’s chances to twist reality and tell us about the evils of capitalism and free individual initiative. I remember one year ABC, that conservative left-wing newspaper, ran a two-page headline reading: “World water day faces the nightmare of privatization.”
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2006/03/25 - Gabriel CalzadaNarbona’s Solution Is Our ProblemThe Kyoto Protocol is loved by some and hated by others. The former group presents it as the solution to important environmental problems. The latter group thinks it constitutes one of the greatest economic and environmental problems of our time.
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