Capitalism and Freedom

Economics, Analysis and Observations

Saturday, May 22, 2010

TAX WEDGE AND PRODUCTIVITY IN OECD COUNTRIES

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The OECD Factblog highlighted a comparison of tax burden across the OECD countries. The main findings of the comparison is that overall tax ...
Tuesday, May 11, 2010

WELFARE STATE AND THE FUTURE OF EUROZONE

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The $140 billion rescue package to Greece is a milestone in the European Monetary Union. A lively debate on recent macroeconomic imbalances ...
Tuesday, May 04, 2010

THE EMPIRICS OF CORRUPTION, INSTITUTIONS AND ECONOMIC DEVELOPMENT

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Urska Zagar posted two very interesting empirical articles ( here and here ) about the connections between corruption, economic freedom and...
Sunday, May 02, 2010

FEDERAL DEBT IN THE US (1940-2009)

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Source: Office of Budget and Management (2010)

PRODUCTIVITY AND LABOR COSTS INDEX IN THE UNITED STATES

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Bureau of Labor Statistics has recently published quarterly productivity and costs figures in the US nonfarm business sector ( link ).

EMU: RECOVERY OR DECLINE?

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NY Times recently reported on the agreed financial rescue assitance to Grecce from EMU (€110 billion) and IMF ($145 billion). Alongside Irel...
Sunday, April 25, 2010

RENMIMBI APPRECIATION: AN UPDATE

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Here ( link ) is an article by Barry Eichengreen discussed in the previous post.

RENMIMBI APPRECIATION

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Barry Eichengreen wrote a thorough defence of China's exchange rate policy response to the global demands for letting the renmimbi appre...
Saturday, April 24, 2010

CHINA'S EXCHANGE RATE AND AMERICAN JOBS

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Here's a brief Sunday reading list on the issue of China's exchange rate and US manufacturing jobs. Simon J. Evenett and Joseph Fran...
Tuesday, April 20, 2010

EU vs. USA

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I published a brief analysis ( link ) for the European Enterprise Institute , discussing a pattern of a growing income differential between ...

INCOME INEQUALITY IN THE UNITED STATES

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Gary Becker ( link ) and Richard Posner ( link ) opened an intense debate on the issue of a growing US income inequality since 1980s onwards...
1 comment:
Sunday, April 11, 2010

VALUE-ADDED TAX FOR AMERICA?

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Dan Mitchell wrote an interesting op-ed in NY Post ( link ) concerning the prospects of adopting a European-style value-added tax (VAT) in t...
Friday, April 02, 2010

GOOD NEWS ON GOOD FRIDAY

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From BLS ( link ): " Nonfarm payroll employment increased by 162,000 in March, and the unemploymentrate held at 9.7 percent, the U.S. B...

THE EUROPEAN BAY OF "PIIGS"

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The Economist published a fascinating overview ( link ) of the macroeconomic indicators in Europe's most vulnerable economies in the cur...
Monday, March 29, 2010

ECONOMICS AND THE RETURN OF HISTORY?

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In Friday's edition of NY Times, David Brooks wrote a very interesting column ( link ) discussing the state of economics. Although subtl...
1 comment:
Wednesday, March 24, 2010

UK ECONOMY UNDER LABOUR PARTY

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Daily Telepgraph collected a few interesting graphs ( link ) depicting the UK economic performance and discussing the economic legacy of the...
Tuesday, March 23, 2010

LESSONS FROM CHILE

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Hernan Buchi, former minister of finance in Chile, recently published a new book The Economic Transformation of Chile ( link ) where he out...
Sunday, March 21, 2010

TEXAS VS. CALIFORNIA

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There's an interesting story from Washington Examiner ( link ) discussing the coming economic crisis in California (which has been notab...
2 comments:
Thursday, March 18, 2010

ICELAND'S ECONOMIC AND FINANCIAL CRISIS

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I recently presented my recent paper on Iceland's economic and financial crisis ( link ) in the European Parliament in Brussels ( link )...
1 comment:
Tuesday, March 16, 2010

CHINA'S EXCHANGE RATE POLICY

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Paul Krugman ( link ) and Greg Mankiw ( link ) analyze the costs and benefits of China's exchange rate policy.
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Rok Spruk
Discovering Economic Science from various Perspectives
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