Bureaucracy and Regulation
Local governments think the key to "smart" downtown development is to restrict parking, and force people to take a bus. In reality, people just decide to avoid downtown, thwarting efforts at development.
Financial MarketsGlobal Economy
There seems to be an increasing consensus that a global recession is coming soon. The good news is that the Spanish private sector is much better prepared than it was in 2007.
Worried about the risks your business faces in an uncertain world? Well, don't worry: this government agency can just force the taxpayers to subsidize you until the risks melt away.
If politicians cared about affordable housing, they'd be doing all they could to repeal regulations and encourage more construction.
Global EconomyTaxes and Spending
One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.
Money and BanksMonetary Theory
Cronyism and CorporatismFree Markets