Tag Archives: OECD countries
The Great Moderation: International Trends in Alcohol Consumption
December marks the start of the Christmas and holiday season in much of the world and celebration is often marked by the consumption of alcoholic beverages. The negative health effects of consuming too many alcoholic drinks are well documented and along with stricter laws on drinking and driving, the end result has been a decline […]
Taxation and Economic Growth
I had a bit of an intellectual crisis this evening as I pondered the conventional wisdom in economics regarding the choice between reducing consumption taxes or income taxes. Briefly put, the simple conventional wisdom is that taxes on consumption are preferred to income taxes because they encourage saving and long-term capital formation and economic growth. […]
Health Spending Update: Into the 21st Century
The OECD released its Health Data 2012 statistics several months ago and they are certainly worth a glance given that rising health spending is still a big international policy issue, and the capacity to pay has taken a recessionary hit during the first decade of the 21st century.
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