Surprise, surprise, the public sector is a powerful source of inefficiency in France (as elsewhere). “Under-work” or underemployment by public sector workers — read, absenteeism and loafing — costs France E1.5B according to iFRAP.
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Europe urgently needs a capital markets union
Posted on Author Erik Sass
By Maria Demertzis, courtesy of the Bruegel Institute Necessary though it was, the temporary relaxation of state aid rules in the EU has brought grave unintended consequences. Through indiscriminate support, the EU is rapidly moving from an even playing field that promotes the “survival of the fittest” to a situation where only those […]
Yes, a financial transaction tax is an awful idea
Posted on Author Erik Sass
A tax on financial transactions has long been a popular idea on the far left, with the latest proposal for a levy on transactions coming from UK’s Labour Party under the leadership of the unreconstructed Marxist Jeremy Corbyn. However the proposal is a spectacularly […]
Carbon tax would be disruptive, destructive for Britain
Posted on Author Erik Sass
“Why a carbon tax would be bad for Britain” By Sam Packer, courtesy of Taxpayers’ Alliance UK In 2011, Australia introduced the Clean Energy Act to levy additional taxes on carbon emissions. It was repealed just three years later. Since then, British politicians have repeatedly advocated following suit, with 516 references made to the idea […]