helps to reveal how the European Union has been a useful tool in preventing tax competition between member states. By threatening retaliation from EU institutions, and by resorting to claims that international agreements cancel out national policy, EU bureaucrats have long used the EU as a stick to beat potential tax-cutters
made explicitly to limit consumer choice in favor of embracing a certain public-policy agenda. In turn, these policy choices have discouraged some patients and of vaccines, it is likely other companies would step in to provide those services. Competition could be offered by new startups, or by foreign firms entering the
the CNN article, however, was its admission that a persistent low-interest rate policy — one pursued by the central bank since the 2008 financial crisis — brings those who follow the Austrian-school critique of ultra-low-interest and easy money policies. Although critics of markets and so-called “neoliberalism” insist on less competitive and more concentrated.” In other words, low interest rates reduce competition and increase monopoly power of a small number of firms. Moreover, the
exclusively a matter for state and local governments . (For a summary of abortion policy before Roe , see: “ Before Roe v. Wade , Abortion Had Always Been a State and by the city council or by Congress. But it is better that there be variety and competition among jurisdictions rather than a situation in which policies are all
attempted to blame the malaise on too little government protection from foreign competition. Campaigning for the presidency in 1984, Walter Mondale attacked Ronald And why did rust belt experience such a decline? It was the result of government policy designed to protect both laborers and producers in the region from
suits to recover real damages—lies in forcing Southwest to submit to more market competition. In addition to periodic bailouts from taxpayers, Southwest—like all US was happy to jump on the mask bandwagon early, however, and adopted a mask policy even more stringent than those policies imposed by many governments. In
to freely set their own tax rates, some regimes are tempted to engage in “tax competition” in order to attract capital. When this happens “tax havens” pushed the idea of ending the ability of EU members to veto changes in tax policy so as to make tax rates across EU countries more equal. Ireland and Hungary,
As evidenced by a number of recent policy changes in China, Russia, Saudi Arabia, and Brazil, the status of the US and open financial markets. The domestic economy is large. Domestic macroeconomic policies are generally stable and allow economic openness. Different currencies have can be met by more than one currency at once, leading to a period of ongoing competition among two or more currencies. This was the case before World War I, when
picked up Kalanick for a ride. Kamel proceeded to criticize Kalanick for Uber’s policies and for the reductions in fares implemented by Uber’s management in recent had initially tried explaining to Kamel that Uber had to cut fares in oder to stay competitive: Kamel: “You’re raising the standards, and you’re dropping the prices.” [Uber] wants.” Kamel is wrong. Unlike the Taxi industry in cities that prohibit competition, Uber does not enjoy monopoly or near-monopoly power, and is subject to
financial sector and financial institutions were considered so important. Public policy in general was not always designed with a focus toward propping up banks, begin with a productive phase, but end up, through increasingly intense global competition, moving into the financial sector in attempts to augment profits through
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.