Tax competition occurs when a government uses its tax system to try to attract capital, democratic deficit caused by the political class offering a very limited choice of policies that does not reflect the range of the electorate. Unfortunately this makes shared “Social Model,” and in recent years this has become a far more explicit policy objective; as the European Commission (the EU’s bureaucracy) said recently:
of butter and beef to imaginary cows, the European Union’s Common Agricultural Policy (CAP) proves to be an ongoing wreck, despite perpetual reforms. According to principle behind the CAP is the maintenance of a system of free and undistorted competition. However subsidizing production and guaranteeing prices to farmers
a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? In this law and what it actually accomplishes in the real world. Instead of protecting competition, Professor Armentano argues, antitrust law actually protects certain lessons for the future. Table of Contents: Chapter 1: The Legitimacy of Antitrust Policy Chapter 2: Competition Theory and the Market Economy Chapter 3: Monopoly
world really needs at this stage! The relevant summary is produced here: National policies for productive dynamism The central argument of UNCTAD’s Trade and of resources Rapid opening up of developing country economies to international competition and capital flows But private investment did not rise and many economies that give exclusive attention to an efficient allocation of resources. G overnment policy must support the creative forces of markets through an open-economy industrial
exchange and money, saving and investment, economic inequality and economic competition, and the profit motive - institutions everywhere under attack for several of lower wages when necessary. He showed that the foundation of world peace is a policy of laissez-faire both domestically and internationally. In answer to the
of the New America Foundation,” which claims to espouse “new ideas” for public policy. In this case, Lynn espouses the “new idea” of applying nineteenth-century a business consultant, blames General Motors’s current economic woes on “intense competition“ while ignoring the role of labor unions and massive government
( Table 2 ) The Anti-Globalization Arguments of Gomory and Baumol Outsourcing Competition, Comparative Advantage, and Capital Accumulation Notes Summary the flow of factors of production to absolute advantage, our entire trade policy will need to be revised. There is a measure of truth in what Dr. Roberts
The Competitive Enterprise Institute’s Steven Milloy has just published another great Englund , in fact, had him nailed long ago when he stated that Mr. Ford’s green policies were the very antithesis of what his shareholders had the right to expect. An uncompetitive cost structure and poor product quality can put a company at a competitive disadvantage. Not surprisingly, during each of the three fiscal years
him. Second, the employer was clearly not profit-maximizing and would attract competition from more efficient competitors drawn by the opportunity to produce the firm. It also follows that in a modern, global economy, where any uncompetitive policy threatens firm survival, workplace racism is even less likely. Wage policies
a definite limit on the total revenue attainable), and on the other hand by the competition of other producers, which continuously forces each firm to operate with a large majority of them were strictly opposed to the enforcement of presidential policy, it could not be put into action successfully. The general who thinks most of
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.