Category: Analysis

Euros & Dollars: Two Problems with EU’s New Fiscal Rules

The EU’s new fiscal rules are supposed to solve the problem with member state budget deficits. But so far, neither the European Parliament nor the European Council has addressed the two biggest problems with their reform efforts.

Why VOX Fails

Why VOX Fails

After decades of a culture war in which only one side has been fighting, VOX needed more than moderate poise and occasional rallies to turn things around.

Spain’s Broken Electoral Map

Spain’s Broken Electoral Map

Were the PP to govern now, it is unlikely that it would try to resolve the asymmetries of the Spanish system on display during these elections, especially with Núñez Feijóo at the helm.

Fiscal Forecast: Europe’s Big Economic Problem

Fiscal Forecast: Europe’s Big Economic Problem

Europe is stuck in unending economic stagnation. Everything suffers, from family budgets to health care to green policies. But there is a way back to growth and prosperity.

July 20, 2023
Fiscal Forecast: Trouble in the U.S. Debt Market

Fiscal Forecast: Trouble in the U.S. Debt Market

The U.S. government is doing everything wrong with its finances. Its current debt management strategy is downright stupid. Are they trying to fabricate a fiscal crisis?

July 19, 2023
A Look at VOX’s Economic Program

A Look at VOX’s Economic Program

VOX’s program contains a battery of tax-cutting measures. In particular, it aims to incentivise family formation and child rearing by removing the tax burden on families.

Fiscal Forecast: Europe Still Not Out of Inflation

Fiscal Forecast: Europe Still Not Out of Inflation

With a little bit of bad luck, Europe could soon face rising inflation again. How can we stop it? Is the gold standard the answer? We explain why not.

July 13, 2023
Fiscal Forecast: Recession or Not?

Fiscal Forecast: Recession or Not?

America is not in a recession. But is one coming? We have the answer.

July 12, 2023
Spanish Elections: Centre-Right Bets on Winning 

Spanish Elections: Centre-Right Bets on Winning 

Regional elections in May signalled a deep concern in Spanish society about not only the social policies of Sánchez’s government but also its authoritarian slide.

July 8, 2023
Fiscal Forecast: Sweden in the Euro? Part II

Fiscal Forecast: Sweden in the Euro? Part II

A euro-zone membership would put Sweden on a fast track to a fiscal crisis like the one in the 1990s. That would be bad: the country cannot absorb the fallout from repeating its disastrous mistakes from back then.

July 6, 2023
“This Is Not a Big Brother Project”: Digital Currency and Political Control

“This Is Not a Big Brother Project”: Digital Currency and Political Control

Christine Lagarde, ECB president, opined that even small transactions using the digital euro should be subject to control.

Paraguay Athwart Liberalism

Paraguay Athwart Liberalism

How long can the South American nation withstand the onslaught from Washington and Brussels?

Fiscal Forecast: Sweden in the Euro? Part I

Fiscal Forecast: Sweden in the Euro? Part I

If Sweden were to join the euro, its economy would be less unstable, but more stagnant. The situation for Swedish households and domestic-oriented businesses would go from bad to worse.

July 5, 2023