October 1, 2014

Nutrition Taxes: a Broken Tool in Public Health Policy

It is vital to understand that the impact of nutrition taxes on the consumption of nutritionally poor food is unclear and that there is a sizable risk of instituting additional constraints on the country’s economic activity without getting the expected public health benefits.
October 1, 2014

Against Government Planning Over the Airwaves: a Free-market Approach to Spectrum Management

The development of television and mobile communications in the coming years will depend on the future of the UHF band, currently the subject of discussions at national and international levels. Regulators should resist the temptation of premature and radical intervention and abandon the traditional dirigiste model of spectrum management.
October 1, 2014

Too Late for France? Finding and Restoring the Proper Size of the Modern State

We are living in exciting times, with a whole series of beliefs and certainties being called deeply into question. With a never-ending crisis upon us, many economists admit they feel perplexed as they face a situation they have trouble explaining and remedies that are proving ineffective.
September 1, 2014

The New Equality: Global Development From Robin Hood to Botswana

In the mid-1700s Europe and North America broke with thousands of years of economic stagnation. When power was spread around in society, countries began to experience sustained growth. It was also the birth of global income inequality, which continued to grow for about two centuries.
June 1, 2014

Position on Expanding the Interchange Fee Regulation to Commercial Payment Cards

The measures proposed by the European Commission are not suitable for achieving a single market in card payment services. On the contrary, the measures proposed by EC would be harmful. The regulations would have the greatest negative effect on consumers, who are likely to incur relatively higher card handling fees, and to lose part of discounts or incentives.
May 1, 2014

Economic Freedom in the Eu: Mediocre Today – World Leader Tomorrow?

Five years since the outbreak of the most severe economic crisis of our time, there is widespread consensus that today’s levels of unemployment, exclusion, deficit, and debt are unsustainable and need to be addressed. Yet the ongoing debate on “austerity vs. growth” is misleading and false.
May 1, 2014

Facts and Analysis: the Small Loans Market and Regulation in Lithuania

The small loans market (quick credit, pay-day loans) often gets a lot of criticism in the media. Its critics state that the market has too little supervision; that the industry does not properly assess the ability of customers to repay their loan; and that interest rates are artificially high.