2005 Instituto Juan de Mariana
Instituto Juan de Mariana
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Fiscal Policy

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2005/03/20 - Gabriel Calzada

European Hari-Kari

Limiting spending, what goes out, to what comes in does not guarantee economic growth –imagine a balanced budget with taxes confiscating 90% of income. A public deficit, however, submits the economy’s earning cows to serious liposuction.

2005/03/13 - Jorge Valín

Exploited And Exploiters

If you are a salary worker and the company where you work pays you, for example, 1000 euros a month, 380 are immediately taken by the state. In other words, of the 1000 euros the company pays out, you only see 620.
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