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Tag Archives: switzerland

Sensible Swiss Voters Crush Proposed Minimum Wage Mandate

Sensible Swiss Voters Crush Proposed Minimum Wage Mandate

I’m beginning to think that people from some nations are smarter and more rational than others. That may explain, for instance, why voters in Estonia support fiscal restraintwhile voters in France foolishly… Read more »

Bragging about the Debt Brake…but Failing to Explain What Makes It Successful

Bragging about the Debt Brake…but Failing to Explain What Makes It Successful

What happens when you mix something good with something bad? To be more specific, what happens when you have a big success story, like the spending cap in Switzerland that has dramatically slowed… Read more »

Mirror, Mirror, on the Wall, Which Nation Has Increased Welfare Spending the Fastest of All?

Mirror, Mirror, on the Wall, Which Nation Has Increased Welfare Spending the Fastest of All?

There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts… Read more »

Economic Growth Is the Best Way to Help the Poor, not Redistribution in Pursuit of Coerced Income Equality

Economic Growth Is the Best Way to Help the Poor, not Redistribution in Pursuit of Coerced Income Equality

Switzerland’s left-wing party has instigated a referendum for November 24 that asks voters to limit pay ranges so that a company wouldn’t be able to pay top employees more than… Read more »

Can the David of Swiss Human Rights Withstand the Goliath of IRS Extraterritorial Tax Enforcement?

Can the David of Swiss Human Rights Withstand the Goliath of IRS Extraterritorial Tax Enforcement?

Because we live in an upside-down world, Switzerland is being persecuted for being a productive, peaceful nation that has a strong human rights policy with regards to privacy. More specifically,… Read more »

What’s the Better Role Model, France or Switzerland?

What’s the Better Role Model, France or Switzerland?

At the European Resource Bank conference earlier this month, Pierre Bessard from Switzerland’s Institut Liberal spoke on a panel investigating “The Link between the Weight of the State and Economic prosperity.”… Read more »

OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using… Read more »

A Swiss-Style Spending Cap Would Have Prevented the Current Fiscal Mess in America

A Swiss-Style Spending Cap Would Have Prevented the Current Fiscal Mess in America

I greatly admire Switzerland’s “debt brake” because it’s really a spending cap. Politicians are not allowed to increase spending faster than average revenue growth over a multi-year period, which basically… Read more »

Portugal May Become the First of Europe’s Bankrupt Welfare States to Stumble upon a Genuine Recovery Formula: Less Spending AND Lower Tax Rates

Portugal May Become the First of Europe’s Bankrupt Welfare States to Stumble upon a Genuine Recovery Formula: Less Spending AND Lower Tax Rates

There aren’t many fiscal policy role models in Europe. Switzerland surely is at the top of the list. The burden of government spending is modest by European standards, in part… Read more »

Switzerland’s “Debt Brake” Is a Role Model for Spending Control and Fiscal Restraint

Switzerland’s “Debt Brake” Is a Role Model for Spending Control and Fiscal Restraint

I’ve argued, ad nauseam, that the single most important goal of fiscal policy is (or should be) to make sure the private sector grows faster than the government. This “golden… Read more »