Economists call Estonia the Baltic Tiger, the sequel to the Celtic Tiger as Europe’s success story, and its policies are more radical than Ireland’s, says columnist John Tierney. On this year’s State of World Liberty Index, a ranking of countries by their economic and political freedom, Estonia is in first
Populists in the U.S. argue that rising income inequality is the result of a broken market. The rules are rigged. The reigning ideology in Washington must be upended. Unions must be revived. Globalisation needs to be reorganised. The problem with this narrative is that it doesn’t really fit the facts,
Europe likes to lecture America about consuming too much fossil fuel. But with an unstable Russia causing widespread shortages and higher prices, it has its sights set on new oil and gas deposits in the Arctic, says Investor’s Business Daily (IBD).
And with the alternatives to fossil fuels too expensive,
Pretending to nationalise Wal-Mart is a useful thought exercise. It shows why Wal-Mart as a government agency would actually provide fewer public benefits than it would as a grubby, profit-seeking colossus. The company’s incentives would shift. Instead of trying to lower costs, improve efficiency and raise its profits, it would
Health-conscious groups like the American Medical Association and the Center for Science in the Public Interest want to heap higher taxes on sodas and fatty snacks to encourage people to eat better and generate money for health promotion campaigns.
They believe taxes on fatty foods should follow in the footsteps of
