Children are nowadays seen as self-reliant subjects able to articulate their wishes and to participate in family decisions. International studies have shown that children in Austria participate in family affairs only to a moderate extent. National studies just as well indicate that there is much...

The development of the European Monetary Union is related to Milton Friedman’s critique of the Bretton Woods System that started a vigorous debate about “fixed versus flexible exchange rates.” This paper briefly contrasts the arguments pro and con flexible exchange rates at this time....