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Directorate-General for Economic and Financial Affairs

The EU economy is set to further consolidate its gradual recovery, with prospects for 2011 looking slightly better than projected in the autumn. GDP is projected to grow by around 1¾% this year and...

Randall G. Holcombe

The Austrian tradition began formally with Carl Menger's 1871 work Principles of Economics. But its roots stretch back to the late-scholastic period, when philosophers first began to think...