Category Archives: Regulation & Industry

New European Union Rules Will Hold Back Tobacco Harm Reduction

On Wednesday, February 26, the European Parliament voted to approve a new Tobacco Products Directive. The text adopted by the Parliament is expected to be rubberstamped by the Council of the European Union when it meets on March 14. Once it enters … Continue reading

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The Benefits of Right-to-Work

In his latest Economic Freedom Roundup, Jordan Bruneau of the Charles Koch Institute compares right-to-work (RTW) states with non-right-to-work states. His findings are instructive. First, the 2012 unemployment rate in RTW states was half-a-percent lower than in non-RTW states – at 7.0 percent … Continue reading

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One Year of Privatized Liquor in Washington

Today Washington state celebrates one year of liquor privatization, having in 2012 become the first state since the end of prohibition to dissolve its state-run monopoly on the distribution and sale of distilled spirits. As Tom Banse reports at OPB, this has … Continue reading

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A free market take on the 2012 budget

Generally positive on tax… Cutting the 50p tax rate to 45 percent is a step in the right direction, but the Chancellor should have scrapped this altogether. The danger is that the 45p will become a permanent rate. The government … Continue reading

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Can the budget breathe life into the economy?

It is worth remembering that no chancellor, however enlightened, can really be said to breathe life into the economy. Believing otherwise gives rise to all kinds of hubristic policies, which do little more than redistribute wealth from one area of … Continue reading

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On CNBC ahead of the Autumn Statement

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Thumbs-down for the autumn statement

We will explore all the options for maintaining the UK’s aviation hub status, with the exception of a third runway at Heathrow. So said George Osborne in his Autumn Statement today. And with that single sentence, he encapsulated the problem … Continue reading

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