Yumi Kim

The EU antitrust law leaves many businessmen in a fog. It is difficult enough satisfying fickle consumers. On top of that, they have to devote a lot of time and resources into complying with regulations that in fact hamper competition in markets. The regulators are effectively saying that they know more efficient ways of organizing markets than those who actually buy and sell. As a person with no experience of running a restaurant, if I told a restaurant owner how much meat and vegetables to buy per day, how many bottles of lemonades to buy, how many waiters to hire and so on, it would be disastrous. Such knowledge can only be gained through experience and no super calculation can compete with that.

It is said that the union is founded on the following principle: free movement of goods, services, labor and capital — with a common vision of achieving a single market. In this article, Yumi Kim argues that the common vision, wrongly implemented, is hindering the progress of Europe. Instead of truly fostering free trade, EU regulations and directives hold back those who endeavor to progress; indeed such efforts are frowned upon. It is one thing to devise policies founded on egalitarianism but quite another to implement them as if they are based on the ideas of free exchange.

The first adventure, Tintin in the Land of the Soviets, was serialized in 1929. Not only is it funny and gripping but also it serves as an important book that explains the sham of socialism. Yumi Kim discusses the plot in detail. Tintin and Snowy are assigned to go to Moscow and report on the situation in Soviet Russia. They are traveling by train from Brussels and as they reach Berlin, a secret agent bombs the train in an attempt to stop Tintin and Snowy...