“Opinion: Harmful attempts to plan and regulate the global economy” By Prince Michael von Liechtenstein, courtesy of ECAEF Recently, a G20 summit of finance ministers was held in Riyadh, Saudi Arabia. The main concern of the summiteers was not the condition of the global economy, but two other issues: taxing the digital economy and taming digital […]
Tag: distortion
Are Solar Panel Mandates Helping Consumers Save Money?
By Krisztina Pusok and Ana Diaz, American Consumer Institute California’s solar energy mandate was officially implemented at the beginning of this year, making the Golden state the first in the nation to implement a law that obligates all newly constructed houses to have solar panels. Hawaii, Arizona, Maryland, and other states have announced they will follow suit. While […]
Rent control failed in Sweden, like everywhere else
“Rent Control Has Failed in Sweden” Courtesy of Austrian Economics Center Governments, both nationally as well as on the local level, around the world are considering introducing rent control – or some, like the city of Berlin, even simply expropriating private property from landowners. However, these very governments should take a close […]
A European Minimum Wage Is the Next Bad Idea from Brussels
By Bill Wirtz, courtesy of the Austrian Economics Center The incoming European Commissioner for Employment and Social Affairs has only about one thing in common with yours truly: he’s Luxembourgish. Nicolas Schmit is a lifelong socialist and has been Minister of Labor in Luxembourg for as far as I can remember. Bureaucrat-made-politician, Schmit […]
Raise the inheritance tax threshold to £1 million
“Raise the inheritance tax threshold to £1 million” Duncan Simpson, courtesy of Taxpayers’ Alliance If the inheritance tax threshold was increased from £325,000 to £1 million, almost 25,000 fewer families would have to pay the hated death tax across this year and next. The government would still be raking in £7 billion […]