“Budget or no budget, with borrowing now on the rise again fiscal realities can’t just be wished away” By Carl Emmerson, Paul Johnson and Isabel Stockton, courtesy of IFS Today was the intended date of Sajid Javid’s first Budget as Chancellor. The failure to implement a Brexit deal, and the general election campaign, […]
Tag: growth
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 […]
Reducing regional disparities with tax reform: ideas from Eastern Europe
By Robert Chovanculiak, courtesy of INESS Regional differences are not something that can be easily removed. Especially in Slovakia, which has not experienced proper urbanization and has residents scattered in 3,000 villages throughout the country, with their mobility limited by local ownership of property. […]
Guess who’s at the bottom of the Property Rights Index
The Property Rights Alliance has released the latest edition of its annual Property Rights Index, rating countries on various metrics for property rights protections. Produced in partnership with the Foundation for Economic Freedom and Minimal Government Thinkers, a think tank in the Philippines, the index […]
Venezuela vs. Chile: Socialism In a Nutshell
While Venezuela’s agony is all the evidence we should ever need of socialism’s disastrous outcomes, an even more crushing indictment lies in the stark contrast between Venezuela and Chile, which has embraced broadly market-friendly policies over the last few decades. In their essay in CapX Marian Tupy and Alexander Hammond highlight the vast […]
SoftBank’s Gravity Warping Value, Expectations
Henny Sender in the FT: SoftBank and its $70 billion-in Vision Fund are privately hyperfinancing start-ups, they argue, to spur rapid growth and occasionally to beat their chests. These well-intended torrents of cash have created a bubble in the tech sector, widening the gap between massive private and modest public valuations. The […]