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The Finnish Centre Right’s Victory: Is the Tide Turning in Europe?
The continent is decidedly moving towards the Right. This could mean that the current balance of power in Brussels could radically change in favor of the center-Right in 2024.
The continent is decidedly moving towards the Right. This could mean that the current balance of power in Brussels could radically change in favor of the center-Right in 2024.
New data suggests an elevated risk for stagflation in Europe. Policymakers beware!
America’s states are supposed to be sovereign jurisdictions. Yet when the federal government is their main source of revenue, how independent are they really?
Financial markets are important to governments that need a lot of tax revenue to pay for their welfare states. The problem with taxes levied on financial markets is that they generate unstable revenue.
The more a tax system relies on financial markets, the more volatile and unpredictable those tax revenues will become. There is no doubt that the U.S. government is experiencing that in real time in 2023.
As dangerous as TikTok is, it’s not the only Chinese creation that deserves closer attention.
With a welfare state that dominates their budgets, European governments are exceedingly vulnerable to a recession. When tax revenue declines and entitlements force governments to spend more, the inevitable result is larger budget deficits. What will the ECB do in response to that?
Did Macron speak in the name of Europe, or in the name of France? The key to Emmanuel Macron’s untimely declaration is perhaps to be found in his desire to conform to French opinion, still driven by an old Gaullist reflex.
If government size and employment rate had been the same in 2022 as they were in 2000, the cost of today’s government would have been $47,000 per employed person. That is a lot of money—until we do the same arithmetic with today’s government size and employment rate. Then the cost comes out to $59,700.
Ever since 2015, migration has been a central issue for most European nations. It is expected to become increasingly debated in Brussels as the European
The troubles of this winter may cause Europeans to search for leadership alternatives focused more on national interests. The politics of Hungary and Italy may spread across the continent, with a rise of conservative victories.
We cannot know for certain what the outcome of the election will be; the very fact that there will be recounts only gives more weight to the “what happened?” question.
Jordan Bardella’s campaign relied entirely on the theme of continuity and loyalty with Marine Le Pen. In his inaugural speech, he focused on the traditional themes of the Rassemblement National, emphasising migration and civilisational issues.
Biden has become such a problem for the Democrats that some candidates have quietly asked him not to come and stump for them in their local races. His appearances would lose more voters than they would gain.
To cut the Gordian Knot constraining the Swedish economy, I suggest repealing the long-standing ‘fiscal framework’ that currently dictates how the Swedish Parliament conducts fiscal policy.
The government would like to achieve “almost 100% enforcement.” But, while the number of illegal immigrants continues to increase, removal measures are less and less applied. Statistically, an illegal immigrant is more likely to be regularised than to be removed.
Currently, the Democrats control both legislative chambers, but with very small margins. This is about to change.
So long as the Bank of England is entrusted with as much power as it has assumed for itself—it matters little whether the prime minister is Boris Johnson, Liz Truss, or even Margaret Thatcher.
The numerically smaller Ukrainian ‘David’ stumped the behemoth Russian ‘Goliath’ at the start of the operation. ‘Mission command’ style of leadership is the source of Ukraine’s strength.
There is only one path forward for conservatives: to combine tax cuts with structural reforms to welfare-state spending.
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