spending

July 1, 2020

“Next Generation EU” Spending Plan: Towards Strengthening or Weakening the EU in the Long Run?

While the media, right and left-wing parties and the average newspaper reader celebrate in anticipation of “helicopter money” from Brussels, or otherwise the so-called “Next Generation EU”, classical liberals wonder where all this money will come from while worrying about the potential impact on future generations.
September 13, 2016

Death by Infrastructure Spending

Infrastructure investment is often presented by policymakers as a silver bullet in times of recession or sluggish growth. Public spending on roads, bridges, airports and railway lines, some economists argue, is desirable for two reasons.