Although the EU-wide first attempt at taxing big digital companies for helping people buy and sell things and share pictures of cats online has failed, statists everywhere don’t despair: national governments can still punish them and stifle innovation all on their own. European competition commissioner Margrethe Vestager is urging members states like France and […]
“The EU Runs a Large Trade Surplus with Itself – One Reason Is Apparently Large-Scale VAT Fraud” Courtesy of IfW Kiel The EU runs a trade surplus with itself of EUR 307 billion—a figure that should be zero if all transactions were properly reported and recorded. Measurement errors alone cannot account for this […]
In a piece for the Morning Consult, Philip Thompson of the Property Rights Alliance highlights the importance of intellectual property in powering innovation, especially in key categories like medicine: Ja’Ceon Golden, a “bubble boy” cured with healthy genes delivered via a “hijacked” (and otherwise harmless) HIV virus, is a poster boy for medical innovation. […]