The sweet poison of socialist promises saps the life instinct: entrepreneurial initiative, individual creativity, the free development of the person.

The German state is getting bigger and bigger and doing less and less. The reason: the erosion of accountability promoted by politics.

With considerable delay, the European Central Bank has begun to fight rampant inflation with interest rate hikes. The public debate now revolves around the impact of higher interest rates on savers and businesses. But that is not all.

The ECB's so-called "Transmission Protection Instrument" bears a certain resemblance to the defeat device for exhaust gas purification in internal combustion engines. The defeat device functioned perfectly until it was discovered. This is questionabl ...

Interest rates have fallen over the last 700 years. Medium term, a return to trend values for the real rate of around four percent and the nominal rate of somewhat below six percent is likely.

In a new era, the Eastern dictatorships of Russia and China compete with Western democratic civil societies. The West is clearly superior both economically and militarily, but only if it stands together.