Swedish and Swiss Fiscal-Rule Outcomes Contain Key Lessons for the United States
This article appeared in the Fall 2016 issue of The Independent Review.
Two decades ago, Sweden and Switzerland took different paths to deal with their fiscal problems. Their experiences provide important lessons about taxation and spending the United States would do well to learn.
John D. Merrifield is Professor of Economics in the College of Business at the University of Texas, San Antonio, and a Research Fellow at the Independent Institute.
Barry W. Poulson is a research fellow at the Independent Institute and teaches economics at the University of Colorado.
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