Bail-ins Expected after Banco Popular fails in Spain. Chewing gum accounting
Just as elections of political leaders have become difficult to predict, it is becoming harder to guess which of Europe’s beleaguered banks will be bailed out and rescued, or allowed to fail thus exposing creditors (...)
In recent years the issue of how much taxes corporations pay (and how much they should) has become extremely salient in Western countries. The attention to this issue has been mainly raised by news organizations on the corporate income tax paid by the subsidiaries of some major multinational (...)
IREF is a free-market oriented think tank based in France. It promotes ideas, debates, events, and rigorous academic research.
With regard to research, IREF supports original research projects that lead to the production of papers of academic quality of at least 7,000 words. This support is (...)
As we recently pointed out, the UK Chancellor of the Exchequer, Mr Phillip Hammond, was left aside by the Conservative party during the last campaign for parliamentary elections. With him, economic issues and detailed plans regarding Britain after Brexit were also largely neglected. After the (...)
A short presentation of IREF ’Yearbook on Taxation in Europe’ Series
Among the many ways to understand the climate of opinion and the culture of a country, looking at its fiscal system is one of the most rewarding. Sure, fiscal systems almost always rhyme with complexity; each system bearing the (...)
The English translation of “Anti-Piketty”, a collection of essays by renowned international economists and historians, critical of Thomas Piketty’s volume, Capital in the 21st Century has been recently published by Cato.
Should one write a book opposing the ideas of another? It would be (...)