Economists’ Club 2026 – Familiar Themes

Economists’ Club 2026 – Familiar Themes

6 February 2026

Through the media, I learned that the economists once again held their annual January meeting. In previous years, I attended, but this time I was not invited. Possibly because I am not an economist and therefore not a member. Or perhaps because my views are sometimes perceived as a bit too contrarian.

Based on the press release, newspaper coverage and the presentations that were shared with me, the discussion focused mainly on tax morale and economic growth. With regard to growth, attention was drawn to its one-sided and vulnerable character, largely driven by tourism and exposed to geopolitical tensions. This vulnerability has been evident for several years, although at the time it was not broadly acknowledged. Even now, it seems difficult to reach a consensus on what concrete adjustments are needed.

Tax morale, according to the economists, is considered high, based on a survey among 1,100 businesses. That conclusion raises some questions. Is it based on the fact that most companies comply with their tax obligations? Or on the view that taxes should be paid, despite the system often being experienced as inconsistent or arbitrary? There is a risk that these nuances are overlooked—particularly since the research appears to have been conducted by someone also connected to the tax authority.

There is no shortage of data and carefully worded conclusions. The challenge remains to translate these insights into genuine reflection and meaningful change.

Miguel Goede