Sven R Larson, Ph.D., has worked as a staff economist for think tanks and as an advisor to political campaigns. He is the author of several academic papers and books. His writings concentrate on the welfare state, how it causes economic stagnation, and the reforms needed to reduce the negative impact of big government. On Twitter, he is @S_R_Larson and he writes regularly at Larson’s Political Economy on Substack.
Budget Deficits Threaten European Interest Rates

Budget Deficits Threaten European Interest Rates

Interest rates continue to decline in Europe, but investors should be aware. The calm in the markets today could precipitate a storm tomorrow.

October 29, 2024
Swedish Budget Frenzy Brings About Systemic Crisis

Swedish Budget Frenzy Brings About Systemic Crisis

Decades of budget-balancing fiscal policy have now eaten their way into so many vital systems in Swedish society that the country is at risk of a systemic implosion.

October 25, 2024
Free Trade, Fair Trade, and Trump’s Tariffs

Free Trade, Fair Trade, and Trump’s Tariffs

As the economic elite comes to Washington for the IMF-World Bank meetings, they cry about Trump’s idea for trade tariffs. Frankly, they have no idea what they are talking about.

October 23, 2024
Inflation Down in Most of Europe

Inflation Down in Most of Europe

Most EU countries have made impressive strides in returning to price stability. So why is Belgium going against the tide?

October 22, 2024
New Rate Cut Makes ECB Look Desperate

New Rate Cut Makes ECB Look Desperate

The ECB is on a mission to return the euro zone to low interest rates. For three reasons, I am stubbornly opposed to this.

October 18, 2024
U.S. Labor Strikes Could Cause Wage Inflation

U.S. Labor Strikes Could Cause Wage Inflation

Workers are frustrated over recent inflation, but an aggressive push for rapid wage hikes could bring inflation back, and make it stay longer.

October 16, 2024
Nobel Prize Winners Blame World Poverty on Europe

Nobel Prize Winners Blame World Poverty on Europe

The Economics Prize committee seems to pick laureates based not on scholarship, but on the committee members’ own political preferences.

October 15, 2024
Taxing the Rich Is a Bad Idea

Taxing the Rich Is a Bad Idea

Politicians in two European countries try to end budget deficits by taxing the rich more. As evidence shows, this is a very bad idea.

October 11, 2024
Kamala Harris, Taxes, and the Fair Share Nonsense

Kamala Harris, Taxes, and the Fair Share Nonsense

Kamala Harris’s tax on unrealized capital gains is clumsy, immoral, and economically ineffective.

October 9, 2024
Can Tax Cuts Save Europe? Part 1

Can Tax Cuts Save Europe? Part 1

Conservatives love citing the Laffer Curve to justify tax cuts, but before they rush to use it, they’d be wise to first understand its flaws and limitations.

October 8, 2024
Swedes Make Pig’s Breakfast of Tax Cuts

Swedes Make Pig’s Breakfast of Tax Cuts

The center-right government’s attempt at stimulating the economy does just that—while at the same time doing the very opposite.

October 4, 2024
America Borrows Another $2.3 Trillion

America Borrows Another $2.3 Trillion

There are many reasons for the current U.S. debt, one being that Congress has reduced its constitutional budget duty to a legislative bargaining tool.

October 2, 2024