‘Keynes Hayek: The clash that defined modern economics’ is a commendable effort to bring economic thought to the attention of the general reading public, says Mikko I Arevuo. Its publication is also well timed, but readers should not expect any great insight into how Keynesian or Hayekian economics could be applied in today’s economic situation.
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The government is considering the introduction of a general anti-avoidance rule (GAAR). In this article, writer and retired actuary Terry Arthur considers the case for this measure. He argues that the GAAR would hurt living standards and its advocates fundamentally misunderstand the nature of taxation.
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Canada's government is proposing to raise corporation tax rates. Some simple, but crucial, lessons from economics and history tell us why this is a bad idea.
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The rise of global capitalism since 1980 has been the central factor in the massive rise in global quality of life. In this article, Jacob Lundberg explains why more liberalized global markets have meant richer and freer people.
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John Chown, principal in Chown Dewhurst LLP and co-founder of the Institute for Fiscal Studies, discusses the background to the Eurozone crisis and the prospects for Euro members in 2012 and beyond.
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As the Eurozone crisis lurches onwards, three academics offer their perspective on how Europe got here — and where it should go now.
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MigrationWatch says that immigration causes youth unemployment. In this article, Henry Oliver looks at the facts behind the headlines.
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Terry Arthur explains why the logic of stimulus is fundamentally flawed — government spending can never "prime the pump" of an economy in recession.
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Zachary Caceres writes on private security provision in Kenya, where desperate circumstances have forced the private sector to provide what many assume to be the sole preserve of the state.
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System-wide studies of the impact of profit on educational outcomes are now beginning to emerge, says James Croft. These imply that there is no argument against profit-making in education.
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