“The European Green Deal must cut hidden fossil fuel subsidies” By Simone Tagliapietra, courtesy of the Bruegel Institute One of the basic ideas in economics is that you tend to get the best results if people or firms that take decisions have to take account of all the benefits and costs. Climate change […]
Tag: market distortion
How Tariffs Will Lead to Fewer Kids Playing Tabletop Games
Janson Q. Prieb, American Consumer Institute The Trump administration recently announced that video game consoles will not be subject to the upcoming tariffs. While this might be good news for companies like Sony and Microsoft, the same benefit will not be extended to tabletop games. With increased prices on tabletop games, parents are indirectly […]
The deep roots of Argentina’s bad ideas
“Argentine legislation plagued by false economic theories” By Antonio I. Margariti, courtesy of Fundacion Libertad Tolerance and action Today, the philosophical concepts that govern the development of Law are almost exclusively the work of experts who are inclined to give preponderance to Public Law over Private Law. However, it would be unfair […]
European Green Deal’s call for central planning is dangerous
“A trillion euros on the wrong policy” By HSH Prince Michael of Liechtenstein, courtesy of ECAEF and GIS There are several cost-efficient and market-friendly policies that could be implemented by both Germany and the European Union to reduce the impact of carbon emissions on the environment. However, these solutions are being cast aside while […]
Rent controls in London would backfire, like they always do
“Rent controls in London could bring ‘immense economic costs’ and increase ‘social segregation’, finds new report” Courtesy of the IEA Calls from politicians, including the Mayor of London, to introduce rent caps are misguided and would impose immense economic and social costs on the capital, according to a new report from Swedish think […]
Ditching fuel subsidies cuts emissions without harming economy
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]
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, […]
Drug reference pricing threatens patient health, innovation
By Erik Sass, TES Editor-in-Chief Some recent proposals to lower drug prices are not just counterproductive but dangerous, according to an international panel of expert economists convened by the Competitive Enterprise Institute at the National Press Club on Tuesday, November 5, 2019. The panelists warned that “foreign reference pricing” — a practice […]