Let The Sun Shine In: Policy Transparency Improves Economic Outcomes is a new study analyzing the increased transparency at central banks and the enhanced effectiveness of monetary policy over the past half-century, and highlights useful lessons for fiscal policymakers regarding government spending and public debt.

Populism, Majority Rule, and Economic Freedom, a chapter in the Institute’s upcoming Economic Freedom of the World Report, finds that in the absence of strong institutional checks on government power, such as constitutional rules that protect minority rights and an independent judiciary that will enforce these rules, populism in government can lead to a decline in economic freedom.

New Brunswick’s Divergent Finances: A Possible Opportunity for Tax Reduction finds that as a result of the New Brunswick government’s recent spending restraint, the province is now positioned to introduce meaningful tax relief, which if current government revenue and spending growth continues, could reach over $3,600 per taxpayer by 2032/33 without jeopardizing the province’s balanced budget.