“Let’s dismantle our anti-economic taxation before it finishes our economy” By Nicolas Marques, courtesy of Institut économique Molinari The future is particularly worrying for French society. Companies, suffocated by extraordinary taxation and finicky regulations, have structural competitiveness problems. The previous crises have left their mark, with abnormally high unemployment. The coronavirus strikes a weak economy. In the first […]
Tag: consumption
Coronavirus, Butter and Oil: As We Brace for Pandemic, We Also Need to Inoculate Ourselves Against Group-Think
Daniel McGroarty, TES GeoPolicy Editor As the world wakes each morning to new numbers mapping the Coronavirus’ spread, along comes a piece by Andrew Butter provocatively titled, “What China Knows About the Coronavirus that Oil Traders Don’t Know.” Read it in full at SeekingAlpha. Butter watches global oil markets, and he’s noticed […]
Tax AI via consumption taxes?
“Taxing Artificial Intelligence” By Julian Arndts and Kalle Kappner, courtesy of IREF The Fourth Industrial Revolution is well underway, and there is no doubt that artificial intelligences (AI) will profoundly transform the economy over the next decades. While the impact on the labor market is subject to lively discussions, the problem of how […]
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, […]
Healthy tax competition is possible and needed
“Principled Tax Competition” By Daniel Bunn and Else Aken, courtesy of IREF The structure of a country’s tax code is an important determinant of its economic performance. The Tax Foundation’s International Tax Competitiveness Index has ranked OECD countries’ tax systems for the last six years, and every year Estonia has been the number one country […]
Trade uncertainty slowing global economy
“A Fear of Regime Change is Slowing the Global Economy” By Uri Dadush, courtesy of Bruegel Institute Global GDP has slowed sharply, from near 4% in late 2017 to half that rate on an annualised basis in recent quarters. The downturn in fortunes over the last two years has come as a big surprise. […]