The Wealth Tax Problem

The Wealth Tax Problem

The easiest tax policy to understand is also one of the hardest to execute. Tax the rich. It sounds obvious. Billionaires own more wealth than entire cities, states, and sometimes small countries. Their fortunes rise with asset prices. Their lifestyles are funded by...
France’s Pension Crisis

France’s Pension Crisis

In early 2023, France appeared to be fighting over two years. President Emmanuel Macron’s government wanted to raise the minimum legal retirement age from 62 to 64. Millions of people marched against the proposal. Trade unions organised repeated strikes. Trains were...