Other grants to publications and journalism

The Foundation has supported several other book and research projects, mainly focused on making economic theory and the workings of a market economy more accessible to the non-professional reader. Among the results are the following:

Kustaa Hulkko: Pihalla kuin lumiukko ("Haven't got a clue") Edita, Helsinki 2004, is a study of economic policy decision making in Finland in the early 1990's. Mr. Hulkko, a senior staff reporter of the Finnish business daily Kauppalehti, using the minutes of the supervisory board of the Bank of Finland, illuminates the process that lead up to the monetary policy failures that produced the devaluations of 1991 and 1992 and the subsequent economic depression.
Johan Norberg: Globaalin kapitalismin puolustus (In Defence of Global Capitalism) Ajatus, Jyväskylä 2004, is a Finnish language translation of the author's original work in Swedish. Dr. Norberg is a fellow of the Stockholm-based think-tank Timbro. In his important book he makes a compelling argument in favour of free trade and free movement of capital, directed against the ill-informed and often misleading criticism by activists of the left.