The European Union stands at a crossroads. Despite its strengths—a skilled workforce, a continental Single Market, and a stable legal framework—the bloc has struggled to keep pace with global competitors like the U.S. and China. Productivity growth has stagnated for decades,…
EU-Mercosur Deal: Boosting Europe’s Strategic Autonomy or a Threat to Domestic Welfare?
by Bálint Medgyes After 25 years of negotiations, the EU-Mercosur free trade and cooperation agreement[1] has been signed, creating a common market for nearly 800 million citizens. This landmark deal represents one of the largest free trade zones in the world, covering…
Review: Utility and Happiness
by István Kopácsi In September 2023, the National Bureau of Economic Research published a paper by Miles S. Kimball and Robert J. Willis, presenting their long-researched topic, Utility and Happiness.[1] The paper charts a middle path between the opposing views that…