Tag Archives: Tax

Why is Andorra rich?

I recently wrote about the fact that Andorra has one of the longest life expectancies in the world (somewhere in the top 4, depending on which source you believe). It’s also the 23rd richest country in the world, measured by per capita income – ahead of countries like Germany, France and the UK. So what can this tiny country teach us about wealth? Continue reading

Was Keynes simply wrong?

KeynesJohn Maynard Keynes (1883 – 1946) was a British economist who had a lot to say about what governments should do in times of recession. His influence is still at the forefront of political debate today, perhaps more than ever. But were his ideas simply wrong? Continue reading

Why free markets create wealth

I’m not an economist, but I recently came across a simple law of economics, first thought of by David Ricardo in 1817. It’s called Ricardo’s Law of Comparative Advantage and it really should be required reading for any citizen. Continue reading