One of the wealthiest countries in the world, Switzerland’s economy stands amongst the strongest globally. Through following neo-classical, supply-side economics and rejecting the post-WW2 Keynesian consensus, the Swiss economy has thrived and currently has the second highest income per capita globally (adjusted for PPP). 1990s Stagnation Switzerland’s economic strength hasn’t always been a given. DuringContinue reading “Switzerland: Stagnation to Success”
Tag Archives: government
Golden Gilded Age?
The Gilded Age was a period of American history that lasted from the late 19th century to the early 20th century. During this time, the United States experienced significant changes in its economic structure, as it shifted from an agricultural economy to an industrial one. The Gilded Age was marked by a number of economicContinue reading “Golden Gilded Age?”
Terrific Trickle-down Economics?
‘Tax cuts for the rich!’ A cry consistently echoed by those against reducing top tax rates. ‘Trickle-down economics,’ a phrase first uttered by President Franklin Roosevelt in the depths of the Great Recession, despite no economist in history supporting this line of reasoning. Unfortunately, the facts suggest otherwise. Reducing top tax rates from punitive levels,Continue reading “Terrific Trickle-down Economics?”
Inflation Promotion Act?
Faced with the prospect of a tidal wave of Democratic Party losses in the upcoming midterms, the first incoherent President embarked on a mission to pass what he termed the most ‘progressive bill’ since FDR. Slimmed down from the infamous ‘Build Back Better’ bill that featured a series of unfunded spending pledges, the wasteful spendingContinue reading “Inflation Promotion Act?”
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