Capitalism and Freedom

Robert Barro makes ( link ) a strong case on why Keynesian spending multiplier is a theoretical illusion resulted from the fact that governm...

Here ( link ) is an interesting research conducted by Forbes. It is the list and specific charateristics of the most educated towns in the U...

Those of you who enjoy grasping the macroeconomic reality with both hands and attend advanced macro classes will probably enjoy reading prof...

On January 1, 2009, Slovakia left ERM II and became the 16th country of the eurozone ( here and here ). While fiscal consolidation has been...

Belarus is another Eastern European economy joining the flat tax club. The Ministry of Finance has proposed the shift from progressive tax s...

The Economist ( link ) has nicely discussed Russia's medium term macroeconomic outlook, focusing on energy prices, rubel's depreciat...

As a candidate country, Slovenia has been under a detailed observation by the OECD, particulary in areas regarding macroeconomic outlook suc...

Forbes recently published 2008's Tax Misery Index ( link ).

The Economist designed an interactive mapping with data, factsheet and forecast for 80 countries in the world ( link ).

The newest study by the KPMG surveyed tax rates on individual income around the world ( link ). The study finds that average top rate on ind...

I will come back with more comments regarding government bailout of Detroit's "Big Three" auto industry. Gary Becker ( link ),...

Amity Shlaes nicely outlined ( link ) the upcoming return of Keynesian economic policy initiated by efforts to boost consumer spending despi...

Fed chairman says ( link ) deflation might resurge as a worrying threat to the U.S economy.

Allan Meltzer suggests an increase in demand for housing as a way to prevent mortgage defaults.

Ed Glaeser of Harvard University provides a detailed insight on the importance of human capital for economic growth ( link ): "Schools ...

Nouriel Roubini writes that deflation is likely to spread through the global economy ( link ).

Here ( link ) is Harvard's Department of Economics web, listing articles and opinion by Harvard economists on current financial crisis. ...

FT reports that Fed is likely to endorse a further interest rate cut ( link ): "The Federal Reserve will probably end up cutting intere...

Iceland's central bank lifted the key interest rate to 18 percent from 12 percent after Icelandic krona lost 70 percent during this cris...

Bloomberg reports that Argentina's president has announced a seizure of $29 billion of private pension funds ( link ).