In the course of the history of democratic voting rights a remarkable development has taken place: collective privileges to vote were completely replaced by a personalisation of voting rights. Today, it is perceived as self-evident that every adult citizen has the right to vote. But neither the...

In letzter Zeit sind die Inflationsraten weltweit kräftig gestiegen. Als Reaktion erhöhte die Europäische Zentralbank (EZB) Anfang Juli ihren Leitzins. Jörg Krämer, Commerzbank, sieht diese Zinserhöhung als notwendig an, da die entscheidenden, langfristigen Inflationserwartungen im Laufe...

With troubles in the European Monetary Union (EMU) showing great persistence, the emergency measures and ad-hoc crisis management of European authorities has been subject to harsh criticism. The current fierce debate among economists and the broad public has given rise to two camps advocating...