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Yes, the rich do pay their fair share of taxes

  “The Myth That the Rich Don’t Pay Their ‘Fair Share’ of Taxes” By Gary M. Galles, courtesy of the Foundation for Economic Education   Elizabeth Warren and Bernie Sanders have led the charge to add many zeros to what some Americans should be given at others’ expense. As a result, they have doubled (or […]

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Are women more willing to accept jobs with lower pay?

  “Are women more willing to accept jobs with lower pay?” Courtesy of IZA   Few topics in labor economics have received more attention in academic, public and policy debates than the gender pay gap. The IZA Newsroom frequently summarizes new research findings on various drivers of the gap, including the role of discrimination vs. structural differences, […]

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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 […]

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U.S. state estate taxes chase away billionaires

  “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 […]

Weekly Update

Weekly Update: Hungary’s Economic Miracle

  Hungary has economic virtues along with its much-discussed vices   There’s a lot to be concerned about in Hungary, currently on the outs with other members of the EU because of Prime Minister Viktor Orban’s praise for “illiberal democracy,” prompting allegations that his government has strong-armed the news media and stacked the courts. These […]

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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, […]

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It’s not too late for Argentina to reform

“10 measures that Libertad y Progreso proposes for the first 100 days of Alberto Fernández presidency” Libertad y Progreso The measures taken during the first 100 days will determine the viability of an orderly solution of the public debt and the recovery of trust that will start a positive growth process. Only with a strong […]

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Hungary Squares the Circle of Globalization

    By Erik Sass, TES Editor-in-Chief   What does a smallish Central European country have to teach the rest of the world about inclusive growth, fighting income inequality, and social cohesion, all while steering clear of protectionism and maintaining an open economy – in short, “squaring the circle” of globalization? In the case of […]

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Labour manifesto is a “step back into the dark ages”

  “IEA responds to Labour Party’s manifesto” Courtesy of the IEA   Commenting on the Labour manifesto, Director General at the Institute of Economic Affairs Mark Littlewood said: “With today’s tax burden now at a 50-year high, the Labour Party’s plan to hike taxes and borrow hundreds of billions of pounds cannot end well for […]