As tens of thousands of people took the streets across France throughout the last couple of weeks, President Emmanuel Macron’s social and economic policy seem to have struck a nerve. The Macron government has insisted to overhaul France’s rail system and to bring changes to employment benefits and the pension system. This quite revolutionizing agenda has lead to actions of protest from railway workers and air traffic controllers to teachers and students.
Lately, the European Commission has been in the news a lot. In a negative sense, with the so-called “super promotion” of Martin Selmayr, the right-hand of Jean-Claude Juncker, the chairman of the European Commission. Instead of discussing such a small problem, we should focus on the debate on the political future of Europe.
The past century has seen drastic shifts in the international financial balances, each requiring its own tailored policy response. However, finding proper responses to any shift of economic power or economic downturn has become a lengthy and complicated ordeal. What were our past alternatives, and where should we look for the future?
Amsterdam, the Dutch capital, can be found in the top 10 of many lists. One might wonder what kind of lists we are dealing with. The answer is simple, the annual price development of the owner-occupied housing market. Amsterdam saw an astonishing 14% increase in owner-occupied housing prices over the year 2017, according to Statistics Netherlands. Their figures show an increase of 7.6% for The Netherlands as a whole. The Dutch housing market is doing seemingly well, but is this the full picture?
Nearly all financial news of the past few months has been focused on one thing: a world economy in danger of overheating. Plenty of warnings, yet change does not seem to be on the horizon. Is this an unavoidable human desire to forget the evil past and dive headfirst into another mistake? Is it impossible to change this cycle?
In modern day society the relatively new field of ‘Behavioral Economics’ is booming and its applications are ubiquitous. This field studies the non-rational psychological side of economic decision making. One of its main theorems is the so-called ‘Nudge theory’, which concerns indirectly influencing the behavior and decision making of groups or individuals, by the means of nudges. Are nudges useful to society and by whom can they be used? This article aims to elucidate the answers to these questions.
Over iets minder dan een maand staan de gemeenteraadsverkiezingen voor de deur. Net als de landelijke verkiezingen vinden deze eens in de vier jaar plaats (tenzij gemeenten bestuurlijk worden samengevoegd, dan wijkt het patroon wat af).
Maar hoe belangrijk zijn deze verkiezingen eigenlijk?
The first Rutte cabinet (Rutte I) decided to increase the retirement age in 2011. At that time, the Dutch parliament agreed upon an increase of the retirement age to 66 in 2020. After the fall of this cabinet, the second Rutte cabinet (Rutte II) proposed a more rigorous solution in the retirement age question. The retirement age should increase to 66 in 2018 and in steps to 67 in 2021. From 2022 onwards it will be linked to the life expectancy. That is why as of this year the retirement age to receive the (full) AOW-benefit increased to 66.