Fred McMahon
Fred McMahon is the Michael Walker
chair of economic freedom research at
the Fraser Institute. He thanks Fraser
Institute senior fellow Alan Dowd for his
important comments in reviewing this
article.
Fred McMahon's Latest Posts
Tunisia’s fragile advances
When political change is not accompanied by widespread economic change, there is a risk of reversion… When old economic structures are preserved or only modestly adapted, it cannot be expected that different outcomes on growth and equality will result. — Oxford University Press. Mostly hidden from western eyes, Tunisia, the only nation to successfully emerge […]
Saving the Euro by opening the exit door
In 1925, Britain’s economically inexperienced chancellor of the exchequer, agonizing over the economic controversy of the day, returned Britain to the gold standard. The decision was hailed as a triumph of sound economics, necessary to protect sterling and London’s status as the world’s financial centre. Disaster followed. The Great Depression arrived half a decade […]
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