The global race to cut corporate tax rates accelerated in 2018. According to the OECD’s latest annual review of tax policies across developed economies
Opinions

The Free-Market Case Against Tax Competition

The global race to cut corporate tax rates accelerated in 2018. According to the OECD’s latest annual review of tax policies across developed economies, the average rate of taxation on corporate profits has fallen from 32.5% in 2000 to below 24% today. This trend is understandable. With private-sector investment remaining stubbornly weak, governments are desperate […]

One day in 1961, an American economist named Daniel Ellsberg stumbled across a piece of paper with apocalyptic implications.
Opinions

Global Warming’s Paper Trail

One day in 1961, an American economist named Daniel Ellsberg stumbled across a piece of paper with apocalyptic implications. Ellsberg, who was advising the US government on its secret nuclear-war plans, had discovered a document that contained an official estimate of the death toll in a preemptive “first strike” on China and the Soviet Union: […]

Amid ongoing attacks by US President Donald Trump, the battle for the future of multilateralism has commenced.
Opinions

A Fragmented Multilateralism?

Amid ongoing attacks by US President Donald Trump, the battle for the future of multilateralism has commenced. Previous demands for pragmatic reforms have escalated into pressure for the wholesale transformation – or even total destruction – of the global framework of multilateral institutions. Trump seems to prefer a “system” in which bilateral deals replace the […]

This year, extreme weather conditions have ravaged our planet, subjecting vulnerable communities around the world to the ever-increasing impacts of climate change.
Opinions

The Masses Are Mobilizing for Climate Leadership

This year, extreme weather conditions have ravaged our planet, subjecting vulnerable communities around the world to the ever-increasing impacts of climate change. With each passing day, we learn more about – and experience directly – the dangerous consequences of extracting and burning fossil fuels. Floods, droughts, and wildfires are becoming deadlier, and weather patterns more […]