"The Keys To The Restoration Of Financial Order In Europe"
November 29, 2011
Fine column by Reuven Brenner:
Once the proper incentives are in place for either capital to flow to the younger, entrepreneurial people, or for the younger, entrepreneurial people to flow where capital becomes more available to them, the politically heated debates about exports, imports, balance of payments will subside. This does not mean that the vastly expanded welfare state would not have to make adjustments, but rising taxes is certainly not the solution to their ills.