Despite some of the world’s highest taxes, Europe’s welfare states are fiscally unsustainable, suffering from slowly worsening structural deficits.
Europe
Sweden Isn’t Socialist
For years, I've heard American leftists say Sweden is proof that socialism works, that it doesn't have to turn out as badly as the Soviet Union or Cuba or Venezuela did. But that's not what Swedish historian Johan Norberg says in a new documentary and Stossel TV...
Europe Deregulates Travel, Railroad and Bus Markets
A transport revolution is occurring all around Europe thanks to deregulation measures by the EU and national governments, which makes it increasingly possible for private businesses to enter railway and bus markets and make it evident that transportation doesn’t have to be – or better said, shouldn’t be, a public good provided by the state.
European Bank HSBC Abandons Financing Fossil Fuels
Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?
Comparing Economies: Sweden and the United States
Even when the welfare state has worked its way through the economy, Swedes are poorer than Americans.
A Post-Brexit World
The recent vote within the United Kingdom to withdraw from the European Union has implicitly once again raised the issue of the right of self-determination through secession. In other words, do individuals have a right to determine under which political authority they shall live and have representation?
Brexit: Good For Britain if It Leads To More Freedom
British companies can even outperform those outside of the EU—if the British government does not compromise on the principle of liberty. That is the big ‘if.’ But the Brexit has opened up a huge opportunity for a freer, more prosperous Britain.
The Future of the UK After Leaving The EU: Capitalism or Socialism?
Will the United Kingdom come out of this departure, in the long run, politically and economically stronger or weaker? That depends upon what the citizens of the United Kingdom do with their reestablished democratic self-determination.
Europe Sacrifices Free Speech for Political Correctness
Geert Wilders is on trial not for his actions, but for his opinions.
Acts of War in Europe: Brussels Takes Another Hit From Radical Islam
Islamic radicals are the ones who seek to take us back to another dark ages.
How Lithuania Helped Take Down The Soviet Union
The Lithuanians had been at the vanguard in the movement for freedom in the Soviet Union. They had elected a non-communist government in free elections, had declared their national independence from Soviet rule, and strongly affirmed their intention of reversing a half-century of socialist central planning through privatization and free market reforms.
Lessons from Europe on Intolerant Immigrants
Europe provides a valuable lesson for Americans — on what not to do.
Before Saying, “I Support France,” Please Read This
Unless or until you start to rethink your stance, you have no business expressing compassion towards the victims of people in attacks whose perpetrators – knowingly or not – you aid and support via your positions.
The Causes of the Greek Economic Tragedy—and the Capitalist Cure
New headlines and news stories about Greece’s looming economic collapse appear daily. This weekend, the National Post has a series of articles on the theme “Greece on the brink.” Some point the finger at the country’s political leadership: “The negotiation game:...
The Causes of the Greek Economic Crisis–and The Cure
Altruism is to blame for Greece’s woes.
Geopolitics Trumps Economics in Greece
Despite Greece’s almost complete lack of financial integrity, neither NATO nor the EU can afford the political cost of a Greek exit from the EU.
Europe’s Antitrust Assault on Google
Since people can search through other sources besides Google, it is not at all clear why Google cannot run its own operation for its own benefit, while others run their operations for their own benefit.
Greek Problems Born from Socialism
The real issue is whether Greece’s decades-long experiment with failed debt-financed socialism will be allowed to survive much longer.
Greece Dependency Has Created Dangerous Illusions
Once again the crisis in Greece is threatening the unity of the entire euro zone.
The Biggest Loser: Switzerland Outsources Their Monetary Policy To The Eurozone
In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In 2012, their cache swelled to as much as $420 billion worth of various...
France and the UK Could Be the Lynchpins of Europe
Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce, and...
Germany Loses to Italy, Again
Poll after poll makes it perfectly clear that the German people have no interest in exposing their hard-earned savings to the ravages of unending bailouts and currency debasement.
European Leaders Play With Fire
The world economy today stands at the doorstep of great change. A gathering crisis looms in Europe, splitting the Continent into two competing blocs. While leaders there face off against one another in a high stakes game of chicken, the rest of the world powerlessly...
Bail Out Europe? How About Stopping the Insanity?
Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,...
Subscribe for free.
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.