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 […]
Yes, you read that correctly: abolishing U.S. federal estate tax, commonly derided as the “death tax,” would help preserve large amounts of privately owned forest in the U.S., according to an intriguing piece by Ross Marchand in Real Clear Policy. Death tax currently stands at 40% of the value of the […]
By Henning Vöpel, courtesy of HWWI How stable will the global economy be macroeconomically after the COVID-19 pandemic? In addition to a few reasons to be able to relax, there are increasing signs that adversity is looming in the medium term. Inflation could return and that would change the situation suddenly. The two […]
