Blog

Why a financial transaction tax is good for your pension

| 23 October 2012
Blog, Fiscal | Tags: Financial Markets, Financial Transaction Tax
Before the end of 2012, it is likely that 9 EU Member countries will invoke the “Enhanced Co-operation Procedure” and move ahead with a Financial Transactions Tax (FTT), that, if it had broad coverage of financial instruments and players would raise over USD$30bn, providing a ... continue reading

Europe’s fiscal blind spot

| 23 October 2012
Blog, Fiscal | Tags: Carbon Taxes, Climate, Taxes
Smarter taxes on energy and emissions to reduce public deficits As European governments desperately try to plug public deficits, restore competitiveness, employment and growth, the tendency would seem to be towards less environmental policies. What if more environmental protection and putting a price on pollution ... continue reading

Solidarity beyond taxation

| 13 October 2012
Blog, Fiscal | Tags: Philanthropy, Wealth Taxes
„Coercion doesn’t create good will” is a wise proverb – occasionally referred to as patriarchal. With a synonym for this adjective being patronizing, it is particularly fitting for the proposal that recently hit German headlines: to bolster public finances shaken by the Euro crisis with ... continue reading

Resisting the perils of protectionism

| 31 July 2012
Blog, Trade | Tags: G20, Protectionism, WTO
We live in highly perilous times. The resurgence of protectionism and the breakdown of the tenuous global trade peace represent some of the greatest perils. On the basis of current trends, such an outcome seems inevitable. It is simply a question of when. While alarmists ... continue reading

EU think tanks: Thinking us through the crisis?

| 14 June 2012
Blog | Tags: Think Tanks
Policymakers should pay more attention to research institutes and think tanks should improve their ability to publicise their ideas. When the Greenlining Institute met in 2004 with Alan Greenspan to alert him about the impending subprime-mortgage crisis and urging him to press lenders for a ... continue reading