Capital

Wealth Taxes Can Make Capital Markets More Efficient

Wealth taxes can make capital markets more efficient when they are optimally combined with lower capital gains taxes, argue Sergio Ocampo, Guttorm Schjelderup, and Floris Zoutman in new research.

The ECB Can Save the Italian Economy and Prevent a New Euro Crisis Triggered by Covid-19 Fallout

The Italian government's effort to contain the coronavirus will have significant economic consequences. Italy should be allowed to ask for emergency help with one...

The Secret Code of Capital and the Origin of Wealth Inequality

Capital is not a thing, but a social relation enforced by the law and the state. With the right legal coding, any object, claim,...

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