Hayek Institute's Barbara Kolm on the Eurozone Crisis

When it comes to the European debt crisis, "nothing has been solved," explains Hayek Institute president Barbara Kolm. "The situation is as worse as it was at the beginning, and we literally burned money trying to bail it out."

Reason Magazine's Matt Welch sat down with Kolm to discuss the Eurozone's financial issues and what it will take to bring Austrian economics back to Austria.

Kolm points out what Austrian economists have always known, that redistributive welfare states do not work and that there is no place in Europe for a one-size-fits-all model of government and economics.

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Duration 5:03 minutes.

Camera by Tracy Oppenheimer and Alex Manning; edited by Mark Wagner

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  • np||

    hah, a real Austrian economist bringing back Austrians to Austria

  • np||

    Speaking of Spain, at this debate between Paul Krugman and Pedro Schwartz in Spain, A Mysterious and Beautiful Woman Confronts Paul Krugman about Inflation

  • Anonymous Coward||

    Livia, please have my babies.

  • Paul.||

    Holy mother of god.

    And she's an 11 on the looks scale too.

  • np||

    Her discussion of the EU's tax harmonization, or making taxation, regulation, etc. more uniform in general reminded me of this interview Hoppe gave to a French magazine over a year ago during Sarkozy's time about tax reform, that was ultimately never published.

  • np||

    eBay avoids £50m corporation tax bill by channelling payments through Luxembourg

    eBay generates sales of more than £800million a year in Britain - but paid only a little over £1million in corporation tax in the country

    The online auction firm legally channels payments through Luxembourg and Switzerland to avoid paying nearly £50m in tax in Britain

    Furniture firm Ikea has cut its UK corporation tax bill by half thanks to elaborate - and legal - accounting methods

    News comes after it emerged coffee giant Starbucks has paid no tax in the UK in the past three years

  • tagtann||

    Those guys seem to know what they are talking about!

    www.Over-Anon.tk

  • Caleb Turberville||

    OT: But I just realized that a good running game helps to disguise Mark Sanchez's suckitude. Why didn't they make some sort of a trade for Trent Richardson this past April?

  • ||

    Actually it's Tebow's prayers that disguise Mark Sanchez's suckitude.

  • Fist of Etiquette||

    Charlton Heston should have parted those people behind him to quiet the din. And Frau Kolm speaks with the exact same accent as Madame de Rugy. WTF, Europe?

  • Paul.||

    And Frau Kolm speaks with the exact same accent as Madame de Rugy

    No she doesn't. Frau Kolm sounds like she makes a mean strudel. Madame de Rugy sounds like she sips coffee out of tiny cups on the Champs-Élysées.

  • ||

    And FoE sounds like he butt-chugs PBR before attending the tractor pull.

  • Cameroon||

    Reason Magazine's Matt Welch sat down with Kolm to discuss the Eurozone's financial issues and what it will take to bring Austrian economics back to Austria.Kolm points out what Austrian economists have always known, that redistributive cheap nfl jerseys welfare states do not work and that there is no place in Europe for a one-size-fits-all model of government and economics.

  • JuiceHog||

    I cannot abide misuse of the word literally.

  • شات عراقنا||

    thanks

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