Publications

January 9, 2019

Note About the White House Report ‘opportunity Costs of Socialism’

The White House’s Council of Economic Advisors (CEA) has published a report: “The Opportunity Costs of Socialism”. It is an interesting report with many relevant findings and conclusions. Its primary focus is describing the (negative) economic consequences of socialism as it was practiced in for example the Soviet Union. The report also includes a section about the Nordic countries including Denmark.
January 1, 2019

Commission Consulting on Move to Qualified Majority Voting (QMV) on Taxation

On 20th December, the European Commission launched a (relatively brief) consultation on moving from unanimity to qualified majority voting (QMV) in the Council on certain tax issues. The public consultation closes on the 17th January, with “indicative planning” to be carried out this quarter.
January 1, 2019

Free to Work: Employment Regulations in 2019

The Employment Flexibility Index of LFMI quantifies a great divergence in employment regulations between EU countries. Of the 41 countries included in the index (EU and OECD countries), Denmark and the United States were ranked as having the most flexible labour regulations, while France and Luxembourg were ranked last.
December 1, 2018

Credit Day: Improving Appetite for Fiscal Responsibility

13 December marks Credit Day across the European Union. This is the day when, on average, European countries’ central governments exhaust their annual tax revenue and start relying on borrowed money to fulfil their functions – 18 days before the end of the year. According to a study by the Institut Économique Molinari, this is 7 days later than last year, which is a substantial improvement.
December 1, 2018

Paranoid Android. Everything the Commission Got Wrong in Its War on Google

The Commission’s decision to fine Google for unfair practice was based on a misunderstanding of the Android ecosystem and a mistaken definition of the relevant market. This allowed Google’s activities to be wrongly cast as those of a monopoly abusing its position.
November 19, 2018

Shadow Economy: Understanding Drivers, Reducing Incentives

The aim of this publication is to present and analyse the results of representative population surveys into public perceptions of the shadow economy and engagement in illicit activities that were conducted in six countries – Lithuania, Latvia, Estonia, Poland, Sweden and the Czech Republic – between March and April, 2018.
November 10, 2018

The Fight Against Poverty Depends on Economic Freedom

The most obvious benefit of economic freedom is that, as a system, it is the most conducive to widespread prosperity, that is, to high or rising income and consumption for the bulk of the population.
September 28, 2018

Free Trade and How It Enriches Us

Free trade improves the well-being of all parties to it. The most significant way that trade achieves this outcome is by enabling and incentivising specialisation in production, and also encouraging mechanisation and innovation. As specialisation deepens, and as mechanisation and innovation advance, the per-person output of goods and services increases.
September 10, 2018

Fixed-term Employment for Long-term Competitiveness

Labour market flexibility may be characterized by the market participants’ abilities to deviate from standard labour regulations and typical forms of employment. Such possibilities may not only provide positive outcomes to both employers and employees, but they may also benefit the whole economy.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).