Bernd Bergmann

Posts by Bernd Bergmann

Solid Economics at L’Osservatore Romano

Good news is not always so hard to find. Case in point: Free-market economics is making a comeback at the Vatican’s daily newspaper L’Osservatore Romano. Previously known as a dry read, L’Osservatore Romano (which means The Roman Observer in English) now contains provocative interviews and real news stories from around the world. Continue Reading...

Onward, Christian soldiers?

The head of the Church of England and the Archbishop of Canterbury, Dr. Rowan Williams, made international headlines earlier this month when he suggested that the adoption of some aspects of Islamic sharia law into British law was “unavoidable” and discussed the compatibility of sharia law with the established legal system. Continue Reading...

More Freedom = Less Corruption in Italy

Last week, Istituto Acton’s close Italian ally in defense of liberty, Istituto Bruno Leoni (IBL), presented the 2008 Index of Economic Freedom in Rome. The IBL invited speakers to discuss the decline of economic freedom in Italy over the last 12 months. Continue Reading...

‘Casino Capitalism’ or Personal Failure?

Two weeks ago, French bank Société Générale announced that off-balance sheet speculation by a single “rogue trader” had cost the company 4.9 billion Euros ($7.2 billion). The scandal had enormous repercussions in international markets leading some commentators to decry the rotten nature of global “casino” capitalism and to call for the reversal of financial liberalization. Continue Reading...