Rarely, except in wartime, have market economies been subjected to the sort of rigid central planning that the European Commission now proposes in order to curb carbon dioxide emissions.
For Hans-werner Sinn's latest contributions to The Japan Times, see below:
The slow vaccine rollout in many European countries is the result of the EU’s failure to coordinate the interests of the various member states.
The great advantage of BioNTech's approach is that it allows for the production of more than one billion vaccine doses within the space of just a few months.
Apparently, the bureaucrats in Brussels think that they — and only they — know which technological pathways are best for building a sustainable future.
All countries should be following China in confronting the coronavirus directly with all available resources, and they should take a lesson from Germany in managing the economic fallout.
Are EVs really as climate-friendly and effective as their promoters claim?
The defeat of British Prime Minister Theresa May's Brexit deal means that all options are the table.
After two years of US President Donald Trump treating European allies as if they were adversaries, France and Germany have finally committed to the creation of an EU-wide army under a central command.
Jean-Claude Juncker's plan to accelerate eurozone accession threatens to re-create in spades the chaos of the past decade.
The only way out of the malaise plaguing numerous economies is a hefty dose of creative destruction.