Ideas on Europe

Informed analysis, comment and debate

Category Archives: Economics & Trade

The value of the PhD in a knowledge-based economy: Beyond financial and career gains

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Higher education and research have come to the forefront of international debates about economic growth. There has been a growing consensus among policy-makers that post-industrial society requires more highly-educated people with technical and professional skills in a knowledge-based economy. Doctoral education has become of paramount significance in a world where knowledge becomes the new ‘fuel’, […]

Private Use

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Last month, AG Cruz-Villlalon published his opinion in the case about the Dutch thuiskopieerheffing, the levy on writable media for the purposes of compensating copyrights holders for legal and illegal private use copying. While the opinion is probably correct, I think there is something very very wrong with it. (The opinion isn’t currently available in […]

David Cameron’s alternative Union speech?

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British Prime Minister, David Cameron, yesterday gave an impassioned, personal speech for a pro-Union vote in the forthcoming referendum.  No, not the referendum on whether Britain should stay in the European Union, but this year’s referendum on whether Scotland should stay in the Union of the United Kingdom. Most of the strong arguments presented by […]

Ferries & Competition – Appendix

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Good news: In the Terschelling Ferries case that I blogged about on Monday, EVT won on appeal! The Court of Appeals in The Hague ruled today that EVT gets to continue to operate between Harlingen and Terschelling for the time being. (A new regulatory scheme is currently the subject of parallel litigation. Don’t ask.)   Competition Law As […]

Competition Law, Sustainability and Geography

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The Ferry post raised an interesting issue that I’d only casually discussed elsewhere: if we are going to weigh the damage done by collusion against one or more associated benefits, which benefits for which consumers do we get to include? Inconveniently, it seems like the answer is benefits for the same set of individuals who […]

Ferries & Competition

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Recently, the District Court in The Hague tackled an interesting case about competition between ferry companies. While some of the legal details make the Court’s decision quite obviously right, the economics of the case are worth digging into a little further. Starting on 18 November 2008, a company called EVT – Eigen Veerdienst Terschelling – […]

Daily Mail: Trick or Truth? You Decide

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The Daily Mail last night refused to apologise for their story that claimed buses and planes from Romania and Bulgaria to the UK were full up and sold out, or to agree that their story was inaccurate. The world’s most popular online newspaper had reported that many Romanians and Bulgarians were coming to the UK […]

Buses, planes, Bulgarians, Romanians & The Mail

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On 31 December 2013 the UK’s Daily Mail published a story claiming that buses and planes to the UK from Bulgaria and Romania were sold-out, fully-booked, and single plane tickets were selling for up to £3,000 each. The story carried the bold headline: Sold out! Flights and buses full as Romanians and Bulgarians head for […]

Romania and Bulgaria: Flights of fancy

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Some of the British media are at war against the European Union – and it’s often said that the first casualty of war is the truth. Yesterday on New Year’s eve, the Daily Mail reported: ‘Sold Out! Flights and buses full as Romanians and Bulgarians head for the UK’ Asserted the Daily Mail: ‘Almost all […]

Yanukovych’s Dilemma

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Ukrainian protestors toppled a statue of Vladimir Lenin in Kiev’s Independence Square last Sunday in a symbolic gesture of rejection against Russia’s historical influence in the country. Yet, Ukraine remains inexorably tied to its old Soviet master economically, politically and culturally, making any divorce between the two extremely painful, particularly for Ukraine. When the calculation […]

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