If the EU's future is now in doubt, it is because sovereignty stands in the way once again. By denying that European integration hinges on restraining national sovereignty, Europe’s leaders are misleading voters, delaying the Europeanization of democratic politics, and raising the costs of the ultimate reckoning.
it is unclear how large is the effect of higher income taxes on the behavior of richer individuals. The relevant evidence is growing, but so far different perceptions of these effects prevent the resolution of the sharp differences in opinions among even a-political economists on the damage done by high marginal income tax rates.
IMF leaders failed to implement the governance and quota reforms agreed to in 2010 in advance of the October 2012 annual meeting in Tokyo, causing great consternation from many emerging markets and developing countries. Four international experts weigh in on the prospects for meaningful reform of the IMF's governing structure.