IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


Online Articles

Does turnout affect fiscal policy?

Petr Barton,

Does turnout affect fiscal policy?


A New Ocean Discovered! - or just another subsidy?

Petr Barton,

A New Ocean Discovered! - or just another subsidy? Cypriot government has unilaterally “redefined” one of the conditions of its 10bn bailout package and lifted a ban on government officials traveling business class. Is this an exercise in customary opulent luxury or is it actually a hidden subsidy? And aren’t all governments (...)


Geographic Distance from Brussels Matters

Petr Barton,

Geographic Distance from Brussels Matters Voter turnout at the latest European Parliament election is much debated. Many countries saw further drops compared to last EP elections in 2009, fuelling concerns about widening democratic deficit. Beyond the general facade, IREF discovers an interesting geographic pattern in the turnout (...)


What would be a “living wage” in the EU? The answer may surprise you.

Petr Barton,

What would be a “living wage” in the EU? The answer may surprise you. The concept of Living wage is gaining popularity throughout the EU. The social pressure of its advocates probably stands behind the recent proposals to increase substantial minimum wages. Closer scrutiny of the proposed levels of living wages by the IREF reveals, however, that the relationship (...)


Swiss referendum on minimum wage and the EU
LLL: Location, Largess and Lessons

Petr Barton,

Swiss referendum on minimum wage and the EU If the Yes campaign wins today, Switzerland will have by far the biggest minimum wage on this planet. We analyse this trend in a wider context of contemporary European popular movements. We suggest that the Swiss Minimum wage proposition has actually very little to do with the traditional (...)


Wealth and growth: Mr. Piketty’s fallacious statistics
The misadventures of a new scientific materialism

Jean-Philippe Delsol,

Wealth and growth: Mr. Piketty's fallacious statistics


Basic income is not so basic after all

Petr Barton,

Basic income is not so basic after all Nobody likes poverty. But how do we end it? Suppose we give everyone some money. This will automatically include the poor, we don’t have to identify them, problem solved. Is it doable? Will anyone still work, create new ideas, write poetry, love?
The answer depends largely on how basic the (...)


Woes of Wolf of Wallstreet

Petr Barton,

Woes of Wolf of Wallstreet The latest Scorsese blockbuster is still making the headlines for its novel artistic work with timelines. Does the Wolf, however, have anything whatsoever to say about Wall Street? Very little, and it may actually work to strengthen and entrench any bad practices that remain in the financial (...)


Are Members of European Parliament Smart or Dumb?

Petr Barton,

Are Members of European Parliament Smart or Dumb? European elections are upon us. In a series of articles, IREF is helping to inform voters’ decision. Last week we analysed attendance rates by voters at elections and reasoned that European elections may be bad for democracy. It’s now time to turn the tables and consider attendance rates of (...)


The useless reshuffle : another French exception

Nicolas Lecaussin,

The useless reshuffle : another French exception Following lacklustre performance at local elections, the French President has appointed a new Prime Minister. Is it a good tactic, and will it change anything?


The fallacious statistics of Mr. Piketty
Book review

Jean-Philippe Delsol,

The fallacious statistics of Mr. Piketty


Are European Elections Bad for Democracy?
Where have all the voters gone....

Petr Barton,

Are European Elections Bad for Democracy?


Government’s Fiscal Monopoly: Mono or Poly?

Petr Barton,

Government's Fiscal Monopoly: Mono or Poly? European nations’ fiscal authorities must be doing an excellent job if people are willing to pay hundreds of thousands of euros for the privilege to pay taxes to them… Or is there something else behind the new market for EU citizenship?


The Butch Dutch
They want to be taxed.. or so they say.

Petr Barton,

The Butch Dutch Government’s mortgage interest subsidy, besides creating a lot of social costs, benefits almost solely the rich, yet it’s precisely the rich who boldly claim to want to scrap the programme. What’s going on?


Dutch Disease, 2nd edition
… And Then There Were Three…

Petr Barton,

Dutch Disease, 2nd edition Ladies and Gentlemen, please welcome to the stage Dutch Disease, 2nd edition. This time it’s not natural wealth that makes you poor, it’s a natural consequence of a poor policy.


Odd Odd-Number Experiment Has Odd Consequences. What Are The Odds?

Petr Barton,

Odd Odd-Number Experiment Has Odd Consequences. What Are The Odds? Only those Parisians whose licence plates end with an odd number could drive their cars down the Boulevards last Monday. It was the 17th, an odd number. This is no solution to a real underlying problem which exists because of a lacking (...)


Anti-Pollution Measures: A Third Of Abuse Of Power, A Third Of Mismanagement And A Third Of Demagoguery

Nicolas Lecaussin,

Anti-Pollution Measures: A Third Of Abuse Of Power, A Third Of Mismanagement And A Third Of Demagoguery And maybe even a fourth third of “electoralism” in order to win the hearts of green voters! In fact, the executive power has nothing but contempt for users, taxpayers and citizens.


The Precautionary Principle Against Science

Lucas Léger,


Just How Unequal Would We Still Be If We Were All Equal?
Distribution Of Wealth Over The Life-Cycle And Inequality

Alexander Fink,

Just How Unequal Would We Still Be If We Were All Equal? Suppose we had a society where the only difference among its members were their age. How unequally would wealth then be distributed?


Matteo Renzi And The Reform Challenge In Italy

Nicolas Lecaussin,

Matteo Renzi And The Reform Challenge In Italy Of all the shortcomings of the Italian economy, youth unemployment (40%) is the most worrying. The new Prime Minister, Matteo Renzi, took up this issue through labor law reform since it was outdated and harmful. Will he succeed where Mario Monti failed? Yet what happened at Fiat’s may be (...)


Obama The Ultimate Survival Guide
A Book By Wayne Allyn Root (Regnery, 2013)

Nicolas Lecaussin,

Obama The Ultimate Survival Guide


France: Away From Global Economy?

Jean-Philippe Delsol,

France: Away From Global Economy?


European Energy Policy Is a Failure

Jean-Pierre Riou,

European Energy Policy Is a Failure Security supply is not guaranteed, energy cost will increase and CO2 emissions will not be reduced. This is an obvious failure that Jean Pierre Riou, President of Mont Champot, has clearly seen. The IREF support his analysis.


Corporate Tax: Northern Good Practices

Nicolas Lecaussin,

Corporate Tax: Northern Good Practices It is not forbidden to former socialist countries to reduce the weight of the state and drastically reduce taxes, especially on businesses. This was done in Sweden and Denmark, where unemployment is lower than in France .


The Word “Profit” Falls Into Oblivion in François Hollande’s Economic Liberalism

Florin Aftalion,

The Word “Profit” Falls Into Oblivion in François Hollande's Economic Liberalism Here is a relevant remarks from Professor Florin Aftalion: the word "profit" has disappeared from the public debate to be replaced by the word "margin". This semantic shift is not trivial: the profit goes to CEOs and shareholders while the margin is under Government (...)


Comparison Between the Banque de France and the Bundesbank

Alain Mathieu,

Comparison Between the Banque de France and the Bundesbank A company is mismanaged when some indicators are in the red such as factory costs higher than those of its competitors; highly unprofitable activities; general and administrative costs much higher than those of its competitors; too many employees in too many locations; outstanding wages and (...)


Knowledge and Power

Nicolas Lecaussin,

Knowledge and Power


The U.S. Economy Is Getting Better Thanks To The Stimulus. Really?

Nicolas Lecaussin,

The U.S. Economy Is Getting Better Thanks To The Stimulus. Really?


More Taxes, Less Revenues
The Laffer Effect Has (Also) Arrived In France

Lucas Léger,

More Taxes, Less Revenues This long-debated concept by policy makers and economists is coming back. That is because the Government believes that prosperity cannot be recovered without a strict “austerity policy”. But it actually means higher taxes only. Yet, the latest concerns of the French National Assembly on a (...)


Government Caring For Youth: The Path To Failure

Nicolas Lecaussin,

Government Caring For Youth: The Path To Failure France hosted in the November 15th week a summit dedicated to the "Fight Against Youth Unemployment." This is an excellent initiative for a country where the 16-25 years-old population reached a 26.1 % unemployment rate. Yet, France should be doing what is being done elsewhere, especially in (...)


France: A Free-Trader President After Hollande?

Sylvain C,

France: A Free-Trader President After Hollande? According to the Harris Interactive poll for Le Figaro daily and LCP television, French President Hollande would not be reelected in 2017. His fiscal policies are highly criticized and would cost him his reelection. It seems that Holland is discovering this principle : the more taxes, the less (...)


Violence and Absurdity of French Anti-Wealth Ideologists

Nicolas Lecaussin,

Violence and Absurdity of French Anti-Wealth Ideologists Attacks against wealthy people are still going on in spite of the fact the Welfare-State is plundering taxpayers. In a recently published book, sociologists – I should say ideologists – Michel and Monique Pionçon-Charlot are criticizing those they call "deliquents". No, wealthy people are not (...)


The Stimulus Does Not Work

Nicolas Lecaussin,

The Stimulus Does Not Work The crisis of the world economy since 2008 has encouraged various governments to increase the share of public spending. This increase was a general phenomenon among the OECD countries and contributed to an unprecedented debt hike. An IREF study comparing the development of key economic (...)


Working Hours : When France Forbids, Germany and Sweden Allow

Nicolas Lecaussin,

Working Hours : When France Forbids, Germany and Sweden Allow And in France, there is a high level of unemployment whereas it is low elsewhere. And elsewhere, there is no Labor Code, no unions, no judges, and everybody is satisfied with the freedom of work, as reported by IREF European (...)


Germany : Less Welfare State, More Electoral Victories

Nicolas Lecaussin,

Germany : Less Welfare State, More Electoral Victories Reforming is a path for reelection: German Chancellor Angela Merkel privatized, deregulated, capitalized. She did not reflate nor accepted deficits : she reduced taxes. For sure, there are some lessons to learn for France.


Dutch King Willem Alexander Ends The Welfare State
John Galt in The Netherlands?

Sylvain C,

Dutch King Willem Alexander Ends The Welfare State "A nation with a small but strong government which gives people the space they need": this what Dutch King Wilhem-Alexander wants for his people. And it has become a domestic policy on September 17th, 2013. The King has a life-time in front of him to consider the social, economic and political (...)


A Greek Tragedy, Act III

Sylvain C,

A Greek Tragedy, Act III While Ireland may exit its bailout program at the end of this year, Greece is far from getting out of it. Around 10 to 11 billion euros ($13.1-14.4 billion) from the second half of 2014 will be needed to keep it going next year and in 2015. This will be the Third Act of the economic tragedy (...)


Anti Free Trade: A French Obsession

Nicolas Lecaussin,

Anti Free Trade: A French Obsession This is the transaltion of an article published by Nicolas Lecaussin on August 14th, 2013
What is the common point between Socialists as Claude Bartolone, President of the French National Assembly, Pierre Moscovici, the Finance Minister, MP Jérôme Guedj, Conservatives as Xavier Bertrand, Health (...)


Better Be Insured Than On Welfare

Jean-Philippe Delsol,

Better Be Insured Than On Welfare This is the translation of an op-ed published by Jean-Philippe Delsol on August 24th, 2013 in the leading French newspaper “Le Figaro”.
In France, during the last 30 years, social spending went from 21% to 33%. It is the sign of an ever growing Big Government that is out of control and (...)


Bailing Out Greece For The Third Time: Useless and Illegimate?

Sylvain C,

Bailing Out Greece For The Third Time: Useless and Illegimate? "There will have to be another program in Greece," German Finance Minister Wolfgang Schäuble said bluntly on August 20th. The two previous bail-outs amounted to about 240 billion euros but that was not enough. According to the International Monetary Fund, one the Troika member, the estimated (...)


5 Billion Euros: The Cost of Subsidized Jobs

Sylvain C,

5 Billion Euros: The Cost of Subsidized Jobs “The youth is the utmost priority of my mandate”. Thus spoke François Hollande on January 23, 2013, when wishing a happy new year 2013. “Happy” may not have been the right term, “subsidized” should have been better. Indeed, when saying that 500 000 young people below 25 years-old do not have a job, (...)


The IREF in The Economist

Sylvain C,

The IREF in The Economist Nicolas Lecaussin was quoted by The Economist (July 6th - Juy12th, 2013) about a report written with Lucas Léger on French high school economic textbooks. "The IREF study last year" said the Economist, "showed that, in one tome’s 382 pages, only 18 were devoted to business. "Entrepreneurs and (...)


Who Pays If Banks Fail

Sylvain C,

Who Pays If Banks Fail European Union finance ministers failed to reach a deal last week on this controversial issue. Germany and France are at odds about costs distribution. The Banking Union is at stake since this law on rescuing and closing banks in the EU is a key point. The problem is to know who is going to (...)


The Making of Tax Hell… And The Escape of Entrepreneurship

Sylvain C,

The Making of Tax Hell… And The Escape of Entrepreneurship Why would you stay in a country where there are more than 200 types of taxes? And in which taxes are piled up and never removed. If French President François Hollande and his government want to fight against tax havens, French taxpayers and entrepreneurs are battling against the daily tax hell (...)


7.5%: Portugal’s New Corporate Tax

Sylvain C,

7.5%: Portugal's New Corporate Tax


Objectives, Instruments and Problems of Macroprudential Supervision

Alexander Fink,

Objectives, Instruments and Problems of Macroprudential Supervision Since events related to financial, banking, and debt crises regularly make it into the news, a term that seemingly originated from the Bank for International Settlements (BIS) in the late 1970s has become more popular: macroprudential supervision. Whereas microprudential supervision relates to (...)


The Risky Business of Protectionism For Global Value Chains

Lucas Léger,

The Risky Business of Protectionism For Global Value Chains Globalization is often associated with delocalization and unfair competition with emergent countries that are flooding us with cheap goods and services regardless of good environmental practices or social benefits these populations should enjoy, like in rich countries. Beyond this spurious (...)


American States Are Tax Decrease Laboratories

Sylvain C,

American States Are Tax Decrease Laboratories


The Crisis is An Opportunity To Grow A Business

Sylvain C,

The Crisis is An Opportunity To Grow A Business “A recession can be a good time to grow a business”. Thus is the opinion of Lord Young, a British cabinet minister under late Prime Minister Margaret Thatcher and still having his own office in Downing Street. Lord Young’s comments are stated in a report to be published this week and addressed to (...)


School Choice Success in the US

Sylvain C,

School Choice Success in the US


0 | 50 | 100 | 150 | 200 | 250 | 300 | 350 | 400 | 450

 css js



CLOSE

Monthly newsletter
Receive our publications for free

By continuing browsing our website, you agree with our cookies policy