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After months of reflection, the members of the now famous troika (the European Commission, the ECB, and the IMF) got the disastrous idea to tax all bank deposits

On the other hand, there are domains like financial regulation and tax havens where each country can’t do much on its own, where the right level of intervention is clearly European. At the scale of the global economy, France and Germany are hardly bigger than Greece or Ireland. By remaining divided…

Why do the vast majority of economists believe in free trade? Because they learned in school that it’s more efficient, in the first instance, to try to produce as much wealth as possible by relying on free and competitive markets to maximize everyone’s comparative advantage. Even if that means, in …