“Taxing billionaires: Geographical location of the ultra-wealthy in the U.S. is highly sensitive to state estate taxes” By Enrico Moretti and Daniel J. Wilson, courtesy of IZA The United States exhibit vast geographical differences in the degree to which personal income, corporate income and wealth are taxed. There has been much debate in […]
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Renationalization would be a huge mistake (again)
“Renationalisation would ‘ignore the lessons of history’, finds new IEA report” Courtesy of the IEA Calls to bring key utilities back under state control “ignore important lessons” from the post-war period, argues a new report from the Institute of Economic Affairs published today. Renationalisation: Back to the Future, written by IEA […]
Maybe let’s not freak out about China, so much
“A Useful Corrective to China Fearmongering” By Christoper A. Preble, courtesy of the Cato Institute In our book, Fuel to the Fire, John Glaser, A. Trevor Thrall, and I lament how “the fear of a rising China” was fast becoming “the most popular candidate for a new guiding principle in U.S. foreign policy.” Indeed, […]
Tech tax: a moderate European perspective
“Taxing the digital economy — Time for pragmatism” Courtesy of CEPS Globalisation and digitalisation, together with concerns over corporate tax avoidance, have sparked an international debate about whether tax rules are fit for purpose. The issue of taxing the digital economy figures ever more prominently on policy agendas around the world, while the OECD is […]
Are Argentina’s problems really insoluble?
“Why Argentina’s Problems Have No Solution” By Marcelo Duclos, courtesy of PanamPost and Libertad y Progreso Whenever there is a problem that requires a solution, there are two possible scenarios: the problem can be solved and left behind, or we face failure, and everything remains as it is. In an adverse situation, things may actually […]
What’s up with EU budget rebates?
“Who pays for the EU budget rebates and why?” By Zsolt Darvas, courtesy of Bruegel Institute The question of ‘rebates’, or revenue corrections, is one of the hot topics of the discussion about the next seven-year EU Multiannual Financial Framework (MFF). Since the mid-1980s, a complex system of corrections has been built up. […]
Warren’s wealth tax is a disaster (and disingenuous too)
“Warren’s Wealth Tax Only Makes Sense if the American Dream is Dead” By Michael Schultz and Veronique de Rugy, courtesy of the Mercatus Center Who wants to be a millionaire? Everyone. Who should be a millionaire? No one. That at least seems to be the underlying aim of Sen. Elizabeth Warren’s […]
Epic Fail: Trump’s trade policy in a nutshell
“Trump’s Trade Policy Has Produced Damaging Tariffs but Little Else” By Daniel Griswold, courtesy of the Mercatus Center Americans are about to enter the third full year of President Donald Trump’s aggressive tariff regime, which aims to promote US manufacturing, protect key industries, and prompt other nations to reduce their trade barriers. So, […]
Whither the EU? (Wither the EU?)
“What Next, EU?” By Dr. Rudolf Pozgay, courtesy of the Austrian Economics Center 1.Introduction The amount of economic and social challenges that the European Union has faced to date have given rise to the idea that EU reform is required. An example of such efforts is Juncker’s “White book” with five possible […]
Like it or not, Greta and Extinction Rebellion are here to stay
“Green with Envy” By Steven Gislam, courtesy of Industry Europe As we see a ramping up of the climate change protests by a newly emboldened Extinction Rebellion, like with so many other issues facing the world at this point in history, their actions seem to result in a total division of opinion and a […]