Avoiding Ghettos with Quotas

Denmark announced in March that it plans to limit the number of “non-Western” residents in neighborhoods to a maximum of 30%. The plan is to avoid the emergence of parallel societies and ghettos. This unexpectedly was a great opportunity for the sensational media to formulate attention grabbing headlines. However, in this article I want distance […]

Grexit: The Stumbling European Dream

The Vigorous Euro The last months were new to the European Union and the IMF. Elusive new: closed banks, capital controls, the first IMF default by a developed country, the deficit of a multi-billion-euro bailout, a referendum about creditors’ restructuring plan, discussions about a Grexit, and the penury of the Greek people.