Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary policies. It leads to planned economies and principalist, authoritarian, centralist and also socialist policies. As history shows, such governments inevitably fail in the end.
Reports on Expanding state See all →
The ‘Big Rethink’ in macroeconomics
The 2008 financial crisis threw the discipline of macroeconomics into turmoil. Since then, some of the world’s most respected economists have regularly gathered to theorize about the lessons learned and how to address fiscal and monetary policy going forward. Yet a troubling trend is growing stronger: basing macroeconomics on ideological, rather than scientific, grounds.
Opinion: Harmful attempts to plan and regulate the global economy
Governments’ tendency to overtax the economy, overregulate it and misallocate resources by subsidizing losers, has been hurting economic growth, innovation and competitiveness in many parts of the world, including Europe. Now, officials are discussing novel ways to introduce such disastrous practices on the global level. Their excuse is an alleged ...
Hidden agenda behind the Global Asset Registry project
A global asset registry (GAR) project aims to pinpoint the true owners – past, present and future – of all types of wealth now shielded from tax officials in safe havens across the globe. The project appears to be technically feasible. It is pursued by a group of tax specialists ...
Modern Monetary Theory: The future of money?
Modern Monetary Theory (MMT) has become a popular philosophy among those who would have the government spend more. Traditional economics holds that MMT would lead to inflation, yet its proponents argue that the orthodoxy no longer applies. Though attractive for many across the political spectrum, it stems from some basic ...
Central Europe and EU cohesion
French President Emmanuel Macron’s early February visit to Poland was an effort to offset post-Brexit centrifugal forces pulling at the European Union. It was unfortunate then, that most of his remarks consisted of lecturing Central European states about the benefits of harmonization. Instead, Mr. Macron and other EU leaders should ...
Videos on Expanding stateSee all →
Infographics on Expanding stateSee all →
More Disruptions
Middle East politics
The region, one of the cradles of civilization, is going through a turbulent period of historic realignment. Its powers are vying for political, military, economic and religious dominance with local players and outside actors. Armed conflicts, mainly civil wars, are ...
Russia resurgent
Russia’s incursion in Ukraine raised alarm about a new Cold War, deepened with the intervention in Syria and allegations of meddling in U.S. elections. But the Kremlin’s new assertiveness is largely defensive, while Ukraine’s emergence as a nation-state undermines Moscow’s ...
Report bundles related to Expanding stateSee all →
4 reports
Regular price: 35.80, you save 16.11 in bundle
Unlock bundle
19.69 EUR
3 reports
Regular price: 26.85, you save 12.08 in bundle
Unlock bundle
14.77 EUR
