September 2009

G20 leaders must focus on institutions to raise global living standards

Leaders taking part in the G20, G8+5, and G8 summits over the past year have pledged in effect to reconstitute the international economic order along the lines that progressives have been advocating for years. But for these objectives to be achieved they will need to be translated into major structural improvements in the corresponding multilateral and national institutions.

Guest ·

UK economy can aborb higher taxes

The major parties seem to agree that public spending cuts will have to bear the brunt of the effort to reduce the deficit because higher taxes would be worse for the economy than spending cuts. This consensus is based on a view that countries with higher taxes perform less well than countries with lower taxes. In fact, the long-run evidence to support this claim is flimsy.

Tony Dolphin ·
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