WP 2023-01. Today’s views and analyses about taxation are dominated by the social-welfare approach based on various categories of utilitarianism, most notably those developed by the optimal-tax literature. By contrast, this paper focuses on the ethical foundations of taxation and …
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At the end of the 19th century, Europe was a global powerhouse of innovation. It is where the Industrial Revolution and …
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Background Global economic activity is expected to slow down because of record-high inflation, large public budget deficits and debts, conflicts …
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Croatia has Joined the Eurozone. Let’s Look at the Upside, with also a little Caution
by Bob Lyddon and Gordon KerrIntroduction – Recent ECB Policy Developments Croatia became the 20th Eurozone member on January 1. Regular readers know our often …
by Bob Lyddon and Gordon Kerr -
While brilliant and timely political and economic reforms characterized the Baltic states, in the early 1990s, Georgia remained under the …
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When President Joe Biden campaigned under the slogan “build back better,” he meant to break away from limited government and …
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Cost, inconvenience and fraud have been increased for consumer and business users on their ‘digital payments journey’.1 Current plans for …
by Bob Lyddon -
In previous years, the transfers of data have been a tug of war between the EU and the US. At …