Is Europe Insolvent? Arnold Kling By Arnold Kling, Jan 23 2009 SHARE POST: Jagadeesh Gokhale writes, By 2020, the average EU country will need to raise the tax rate to 55 percent of national income to pay promised benefits. In other words, their Social Security systems are in worse shape than ours.
Jan 24 2009 Public Choice Theory Tyler Cowen Discovers Public Choice David Henderson You might claim: "they didn't nationalize it the right way" and maybe they didn't. Still, once you proceed down the nationalization path, you have to live with the nationalizations you will get, not the nationalizations as a professor might recommend they be done. The AIG transition was overseen by Bernanke and Geith... 4 Read More
Jan 23 2009 Family Economics Me in the Chronicle: Free Version Bryan Caplan If you had trouble reading my piece in The Chronicle of Higher Education, here's an ungated version. 7 Read More
Jan 23 2009 Cross-country Comparisons Is Europe Insolvent? Arnold Kling Jagadeesh Gokhale writes, By 2020, the average EU country will need to raise the tax rate to 55 percent of national income to pay promised benefits. In other words, their Social Security systems are in worse shape than ours. 9 Read More