Finances

Why Taxing Billionaires Won't Reduce Taxes for the Middle Class: The Fallacy Of Redistribution

Finances Daniel Lacalle, TA contributor - February 12, 2024.

In a world of populist policies, the notion of taxing billionaires to alleviate the financial burdens of the middle class stands as a tempting narrative.  Advocates...

Economics is not Finance

Economy Emre Alkin, TA contributor - January 27, 2024.

Economics and finance are two closely related topics, yet they are not the same. What economists do is to assess the current economic situation in...

Navigating the Economic Landscape in 2024

Economy Daniel Lacalle, TA contributor - January 3, 2024.

As we embark on the year 2024, the economic landscape is characterized by a blend of factors, including declining but still elevated inflation, potential interest...

Is Javier Milei Right? Do Central Banks Need to Be Closed?

Finances Emre Alkin, TA contributor - November 25, 2023.

According to Milei, who had just come to power in Argentina, it is his government’s moral obligation to close the Argentinian Central Bank. Setting aside...

The beginning of the end for Central Banks?

Finances Emre Alkin, TA contributor - September 23, 2023.

For the past few years, people have been asking me, "why is the independence of central banks under threat from politics?" There are many reasons...

Fighting inflation requires a sound fiscal policy

Finances Daniel Lacalle, TA contributor - September 4, 2023.

Governments have no interest in reducing inflation because they benefit from it. With inflation, tax receipts rise as most economies do not adjust taxation to...

Are the BRICS a threat to the U.S.?

Finances Daniel Lacalle, TA contributor - August 29, 2023.

The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the...

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