By Peter Holle, Frontier Centre For Public Policy This month, there was an unusual amount of international attention given to the Greenland election. This is a vast country with a tiny population of only 50,000. Every year, Denmark transfers $700 million to help fund Greenland’s government. This is a huge amount of […]
Tag: finance
Biden’s Programs Would Fail for Many Reasons
By Chris Edwards, Cato President Biden is proposing to expand federal intervention in many areas that are the responsibility of state and local governments and the private sector. His $2.3 trillion jobs plan would subsidize broadband, automobiles, the electric grid, manufacturing, highways, transit, water systems, and much else. His $1.8 trillion families plan […]
Central Bank: A Blurred Entity
By Enrique Blasco Garma of Libertad y Progreso DATA CLAVE- The main purpose of the Central Bank of Argentina (BCRA) is to preserve the value of the currency. Inflation, which is now 75 years old, confirms the failure of BCRA. Why can’t it deliver? The State subordinates the value of the currency to finance the […]
Powell Signals Accommodative Policy, But Questions Remain on Inflation Targets
“Powell Reiterates Commitment to Accommodative Policy As Vaccinations Remain the Key to Recovery” By Marc Dupont, courtesy of the Mercatus Center As the virus-stricken U.S. economy transitions into 2021, many are just beginning to see the light approaching at the end of the tunnel. President Joe Biden was sworn into office on January 20, […]
Johnson’s recovery plan is a shortcut to bankruptcy
“‘Build Back Better’ will only Bankrupt Britain” By Kieran Neild-Ali, courtesy of Taxpayers’ Alliance For many people, these political party conferences have been a busted flush. A series of pre-planned and therefore pointless speeches, delivered deadpan to a webcam. But as we face the worst recession in Europe, what the Prime Minister has […]
Europe needs infrastructure leasing to finance development, speed recovery
“A proposal for a public infrastructure leasing entity for Europe” By Wim Moesen and Patrick Vanhoudt, courtesy of the Bruegel Institute Is it possible to accelerate public investment without increasing national taxes or public debt? The authors of this piece believe so, and present a mechanism to relieve member states’ public finances, which are […]
A Simple Plan: guarantee small biz access to credit to speed recovery
Complicated government relief programs won’t help many small businesses, but a guaranteed access to credit will By Veronique de Rugy, courtesy of the Mercatus Center This is the second in a series of articles that will examine ways to help entrepreneurs who are seeking to start small businesses in the wake of the pandemic […]
What will EU-UK financial access look like?
“EU-UK financial market access from 2020-2021” By Karel Lannoo, courtesy of Centre for European Policy Studies Amid the uncertainty of EU-UK negotiations, financial market access is sure to be marked by more friction.[1] As the end of the transition period approaches, both sides are diverging, which indicates that financial services trade across the Channel […]
With UK gone, “Frugal 5” have to put the brakes on EU spending
“Europe Needs a ‘New UK’” By Bill Wirtz, courtesy of the Austrian Economics Center French President Emmanuel Macron accused the “Frugals”, i.e. the Netherlands, Austria, Denmark, and Sweden (during the last European Council summit, Finland also joined this group) of “acting like Brexit Britain.” Dutch Prime Minister Mark Rutte had demanded a smaller proportion of grants […]
The Economic Fallacy of Borrowing at Low Interest Rates
By Veronique de Rugy and Jack Salmon, courtesy of the Mercatus Center Recessions and national emergencies often cause large increases in government spending, soon followed by higher levels of deficit and debt. While this makes sense during an economic or other crisis, it should not generally be encouraged or perpetuated, particularly using ignorant and […]