Celebrating humanity's flourishing through the spread of capitalism and the rule of law
18 Apr 2016 Leave a comment
in economics of regulation, industrial organisation, law and economics, politics - USA, property rights Tags: barriers to entry, Belgium, British economy, Canada, Denmark, doing business, France, Germany, Greece, Italy, Portugal, Spain
These measures including the full cost of starting a business. Not only are official fees included, the opportunity cost of the waiting times for various permits are issued are added as well.
Source: Markus Poschke, Entry regulation: Still costly | VOX, CEPR’s Policy Portal (2011).
Note: The value of time is set to a business day’s output per day of waiting time at 22 business days per month.
10 Mar 2016 Leave a comment
in labour economics, labour supply Tags: Australia, British economy, Canada, Denmark, France, Germany, Japan, Sweden, taxation and labour supply, working hours
Them Continentals certainly are a bit work-shy especially the Nordics. All of them are pretty much afraid to put in a long week. Then again they do face rather high taxes on labour so what would you expect? The Japanese are still working themselves to death.
Data extracted on 09 Mar 2016 22:25 UTC (GMT) from OECD.Stat – OECD Better Life Index 2015.
05 Mar 2016 Leave a comment
in economics of love and marriage, fiscal policy, gender, labour economics, labour supply, law and economics, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, effective marginal tax rates, family tax benefits, family tax credits, France, Germany, in-work tax credits, Italy, poverty traps, rational irrationality, social insurance, Sweden, taxation and labour supply
Some countries including New Zealand and Australia do not give ordinary families much of an incentive to earn more. Effective marginal tax rates on low income families is one of the few times that the Left discovers supply-side economics.
Source: Taxing Wages 2015 – OECD 2015.
05 Mar 2016 Leave a comment
in fiscal policy, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, family taxation, France, Germany, Italy, social insurance, Sweden, taxation and labour supply
Those sensitive and caring northern European welfare states do tax families rather heavily even after accounting for family cash benefits.
Source: Taxing Wages 2015 – OECD 2015.
04 Mar 2016 Leave a comment
in fiscal policy, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, France, Germany, Italy, social insurance, Social Security, Sweden, taxation and labour supply
Those much admired northern European welfare states tax families and individuals much more than do the Anglo-Saxon welfare states.
Source: Taxing Wages 2015 – OECD 2015.
04 Mar 2016 Leave a comment
in fiscal policy, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, Germany, Italy, social insurance, Social Security, Sweden, taxation and labour supply
Source: Taxing Wages 2015 – OECD 2015.
03 Mar 2016 Leave a comment
in fiscal policy, public economics Tags: Australia, British economy, Canada, Denmark, Germany, Italy, social insurance, Social Security, Sweden, taxation and labour supply
03 Mar 2016 Leave a comment
in economic history, public economics Tags: British economy, Canada, France, Germany, Italy, Japan, social insurance, Social Security, taxation and labour supply
Source: Revenue Statistics 2015 – OECD 2015.
02 Mar 2016 Leave a comment
in economic history, public economics Tags: British economy, Canada, Denmark, France, Germany, GST, indirect taxes, VAT
26 Feb 2016 Leave a comment
in economic history, economics of regulation, entrepreneurship, industrial organisation, survivor principle Tags: billionaires, British economy, entrepreneurial alertness, France, Germany, Italy, superstar wages, superstars
20 Feb 2016 Leave a comment
in applied welfare economics, economics of regulation, fiscal policy, labour economics, politics - Australia, politics - New Zealand, politics - USA, welfare reform Tags: British economy, Canada, Denmark, Finland, France, Germany, Italy, Japan, Norway, social insurance, Sweden, welfare state
Mandatory and voluntary private social expenditure makes a big difference to the degree of social insurance in some countries but not others. The calculation of these numbers in purchasing power parity would be much more interesting.
Source: OECD Income Distribution database.
20 Feb 2016 Leave a comment
in fiscal policy, income redistribution, labour economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice, welfare reform Tags: British economy, Denmark, Finland, France, Germany, Italy, Japan, Norway, social insurance, Sweden, welfare state
Some welfare states are much more targeted. Australia has the most targeted welfare state in terms of public social benefits paid in cash to the bottom quintile (Q1) of income earners.
Source: OECD Income Distribution database.
01 Feb 2016 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, Canada, Denmark, France, Germany, Italy, Japan, Social Security taxes, taxation and labour supply, the dish economy
31 Jan 2016 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, France, Germany, Italy, Japan, New Zealand, social insurance, Social Security taxes, taxation and labour supply
Ordinary French, Germans, Italians and Danish pay much higher marginal tax rates and that is before their high rates of GST.
Data extracted on 30 Jan 2016 03:08 UTC (GMT) from OECD.Stat.
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