Allan H. Meltzer explains why Fed should be taken away from investment banks (link):"So what can taxpayers expect from an increase in the Fed's discretionary authority over investment banks? The likely answer is rescues, delays and lax supervision – followed by taxpayer-financed bailouts. Throughout its postwar history, the Fed has responded to the interests of large banks and Congress, not the p...

One of the most interesting discussions among the economists and policy experts is a debate about the role of tax havens and offshore destinations that compete with other nations in the areas of taxes, regulation and investor protection. The opponents of tax havens believe that tax havens cause an enormous damage to the economies on the other side of the world since (in their opinion), tax havens a...

Institute for Economic Research in Health Care (INERHC) issued a thorough economic analysis and review of Slovenian health-care system (link). Previously, the institute issued a publication in which institute's experts analyzed the financial sustainability of government-mandated health-care system in Slovenia (link).Rok Spruk is a supply-side economist and a libertarian. He (currently) lives in Slo...

Forbes.com recently published its annual global research (link) on the attraction of particular countries on doing business from macroeconomic and microeconomic point of view. According to Forbes, the best place for doing business is Denmark, followed by Ireland, Finland, United States and United Kingdom. Among top 10 there are also Sweden, Canada, Singapore, Hong Kong and Estonia.Rok Spruk is a su...

In Forbes, there is a brief article (link) on credit default swap in Iceland in the wake of credit crunch and external shocks that affect macroeconomic stability.Rok Spruk is a supply-side economist and a libertarian. He (currently) lives in Slovenia where he studies economics and business. His fields of research are economic growth, macroeconomics, international economy, global competitiveness, an...