How tax evasion and money laundering can support Swedish aggregate demand

Money laundering, a very hot topic in the Nordics, especially after several scandals that interested major banks like Swedbank, Nordea and Danske Bank. Is money laundering such an evil thing as described by media and politicians? Well, the answer is: it depends. Money laundering is often connected to some sort of illegal activity, hence it … Continue reading How tax evasion and money laundering can support Swedish aggregate demand

Can municipalities justify their fiscal policy? Part I

The Swedish fiscal policy continues on its tight path, worsening the already fragile financial balance of the private sector (households and firms).As a feeble reaction to this prolonged mugging I have decided to contact the municipality where I live, and asked them to justify their fiscal policy, two points in particular: municipality tax and property … Continue reading Can municipalities justify their fiscal policy? Part I