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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label European regulation. Show all posts

Showing posts with label European regulation. Show all posts

Wednesday, June 27, 2012

Italy’s Regulation Choked Labor Markets

Here is another example of the normative way of how politicians deal with problems: They treat the symptoms rather than the disease. From ...

Friday, May 25, 2012

Germany’s Competitive Advantage over Spain: Freer Labor Markets

When politics is involved, common sense is eschewed. The vicious propaganda against “austerity” aims to paint the government as the only s...

Monday, May 14, 2012

Choking Labor Regulations: French Edition

Below has been a lucid example of what plagues Europe From Businessweek/Bloomberg , [bold emphasis added] (hat tip Dan Mitchell) Here...

Friday, June 24, 2011

Europe’s Financial Repression: How Solvency II may affect Portfolio Allocations of Insurance Firms

Governments around the world have been applying financial repression—part of which is to use new regulations to force financial institutions...

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