When comparing tax evasion among Italians and Swedes, the surprise results show that social norms can influence tax behavior.…
The €500 Note Battle
Eliminating the $100 bill and the €500 note from the money supply has supporters citing terrorism financing and opponents talking of large purchases.…
How Tax Evasion Relates to Porsches
A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.…
Some Greek Math
With a euro zone update on Greece unfolding (they might lease some islands but we’ll get to that in a moment), here is some Greek math that Michael Lewis presents in Boomerang. Referring to the …
Greek Austerity Facts
With a March 20 deadline approaching, new European bailout negotiations continue to emphasize austerity. Curious about what austerity specifically meant, I looked at a Greek newspaper. In the sports s…
Greek Taxes
Having added property taxes to electric bills, the Greek government is shutting off the power to people who do not pay what they owe. The response? In a northern suburb of Athens, a mayor has assemble…