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, professor emeritus at the University of Colorado Boulder, and a founding board members of the Federal Fiscal Sustainability Foundation Inc.
EconomyFiscal Policy/Debt
Other Independent Review articles by John D. Merrifield
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Other Independent Review articles by Barry W. Poulson
Summer 2024 Restoring Free Trade and Investment in a Global Trading System
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