Our western societies are going through a massive shake-up. The globalisation of the economy is leading to a multipolar, complex world. After the first two industrial revolutions, one in the 1780s involving the sciences, textile-making techniques, metalworking and rail transport, and the other from the 1880s onwards, with the advent of the internal combustion engine, electricity, cars and aircr…
In its New Year Letter, Itinera presents its ten wishes for 2016. With contributions of Leo Neels, Ivan Van de Cloot, Marc De Vos, Bilal Benyaich, Johan Albrecht, Jean Hindriks, Alexandre Simons en Simon Ghiotto
Day after day, the design flaws of the euro are more and more cruelly exposed. History is confronting the Maastricht treaty signatories with their mistaken judgement that a currency can impose discipline on divergent economies when, on the contrary, a currency is more likely to lay bare an economy's strengths and weaknesses than cause them. The euro was founded on the naive assumption that …
Het verzekeren van prijsstabiliteit. Het repareren van de balansen van talloze financiële entiteiten in de economie. Lage werkloosheid bewerkstelligen. Het verlichten van de schuldproblemen van soevereine staten. Het voorkomen van ongewenste wisselkoersconfiguraties. Niet alleen de korte termijnrente bepalen maar heel de rentecurve manipuleren in de juiste vorm. Dit is maar een handvol obj…
The economic trap is closing relentlessly on the Eurozone. Everyone was aware of the Japanese deflationary scenario. It was even condemned as the most dangerous economic hazard. Yet the Eurozone is taking this deadly route because of a lack of vision and political obstinacy. The descent into the economic abyss will be prolonged and frightening, as Europe has lived with the assumption of growth …
Today NPOs in Belgium face two large uncertainties in legal terms that seriously hinder optimal deployment and further development of their activities. In the first place, they struggle with the ban on commercial activities, included in article 1 of the NPO-law. In jurisprudence and doctrine there is no clear line that can be drawn concerning the boundaries to and sanctioning of commercial, mor…
Belgium didn’t show a lot of fiscal discipline in the good economic times. Since 2009 our country belongs to countries in the excessive deficit procedure with a strict surveillance of the European Commission. The nonsensical debate about austerity should be overcome. Unchanged policy is in any case no option. Rather than searching for the Holy Grail of the « critical’&nbs…
The Itinera Institute launches in the presence of Yves Leterme, a series of conferences about education.
Saying that the height of the GDP is our best standard for well-being, is just as twisted reasoned as saying that the Gross National Happiness is our best standard, argues Frank Vandenbroucke in a reaction to the discussion essay by Marc De Vos on happiness and politics.