Veronique de Rugy
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George Gibbs Chair in Political EconomySenior Research Fellow
Veronique de Rugy is the George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center at George Mason University and a nationally syndicated columnist. Her primary research interests include the US economy, the federal budget, taxation, tax competition, and cronyism. Her popular weekly columns address economic issues ranging from lessons on creating sustainable economic growth to the implications of government tax and fiscal policies. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt and deficits, and regulation on the economy.
De Rugy is the author of a weekly opinion column for the Creators Syndicate, writes regular columns for Reason magazine, and she blogs about economics at National Review Online’s The Corner. Her charts, articles, and commentary have been featured in a wide range of media outlets, including the Reality Check segment on Bloomberg Television’s Street Smart, the New York Times’ Room for Debate, the Washington Post, the Wall Street Journal, CNN International, Stossel, 20/20, C-SPAN’s Washington Journal, and Fox News. In 2015, she was named in Politico Magazine's Guide to the Top 50 thinkers, doers and visionaries transforming American Politics.
Previously, de Rugy has been a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation. Before moving to the United States, she oversaw academic programs in France for the Institute for Humane Studies Europe. She received her MA in economics from the Paris Dauphine University and her PhD in economics from the Panthéon-Sorbonne University.
Latest Work
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The EITC's Success Story Was Always Thinner Than Advertised | The Unseen and The Unsaid
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's time to take unserious presidential budgets seriously | Daily Herald
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Navigating Trade, National Security, and the Real Costs of Protectionism | Qualified Opinions
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- | Government Spending Government Spending
- | TV Appearance TV Appearance
Bobby Kogan and Veronique de Rugy on President Trump's FY 2027 Budget Request | C-SPAN
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously. | Reason
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's Time to Take Unserious Presidential Budgets Seriously | Creators Syndicate
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
14. The Failures of Industrial Policy Guest: Veronique de Rugy | The John Batchelor Show
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Federal Budget Mostly Benefits Seniors | The Unseen and The Unsaid
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Bill America Can't Keep Ignoring | The Unseen and The Unsaid
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Why the World Bank reversed its entire worldview | Los Angeles Times
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- | Research Papers Research Papers
Fiscal Sustainability: High Stakes and Low Interest
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- | Government Spending Government Spending
- | Research Papers Research Papers
Flattening the Debt Curve: Empirical Lessons for Fiscal Consolidation
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- | Corporate Welfare Corporate Welfare
- | Data Visualizations Data Visualizations
Ex-Im Favors High-Income Nations When Choosing What Exports to Support
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- | Government Spending Government Spending
- | Research Papers Research Papers
Higher Education and the School-Work Mismatch in an Evolving Labor Market
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- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Six Tariff & Trade Facts
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- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Ex-Im Bank Aid to State-Owned Businesses Falls without a Quorum
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- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Accountability and the Ex-Im Bank: Country-Level Data
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- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
How Has Boeing Fared without the Ex-Im Bank’s Aid?
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- | Government Spending Government Spending
- | Data Visualizations Data Visualizations
CBO Offers Many Options to Reduce the Federal Deficit
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- | Corporate Welfare Corporate Welfare
- | Data Visualizations Data Visualizations
The Ex-Im Bank Is More Responsible without a Quorum
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- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Introduction: A Principled Approach to Tax Expenditures
A roadmap for a more efficient, fair, and growth-oriented tax code -
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Social Security Needs Fixing, Tax Increases on Savings Are Not the Solution
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- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Funding Parental Leave Today with Tomorrow’s Social Security Benefits Won’t Work
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- | Policy Briefs Policy Briefs
Inflation in Times of High Debt
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- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Keynesian Stimulus: A Virtuous Semicircle?
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- | Corporate Welfare Corporate Welfare
- | Policy Briefs Policy Briefs
The Economic Case against a Second Airline Payroll Bailout
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- | Policy Briefs Policy Briefs
The Difficult Path to State Bankruptcy
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- | Policy Spotlights Policy Spotlights
Wealth Taxes: Theoretical Promises vs. Real-World Performance
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Navigating Trade, National Security, and the Real Costs of Protectionism | Qualified Opinions
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- | Government Spending Government Spending
- | TV Appearance TV Appearance
Bobby Kogan and Veronique de Rugy on President Trump's FY 2027 Budget Request | C-SPAN
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
14. The Failures of Industrial Policy Guest: Veronique de Rugy | The John Batchelor Show
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
The Chaplet of Divine Mercy and Will You Pay Lower Taxes Soon? | The Drew Mariani Show
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Modern Diplomacy and French Political Thought (with Luke Foster) | Qualified Opinions
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- | Government Spending Government Spending
- | Radio Appearance Radio Appearance
How bipartisan spending on entitlement programs drives national debt | the John Batchelor Show
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
A Travesty of Economic Ignorance (with Peter Boettke) | Qualified Opinions
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- | Monetary Policy Monetary Policy
- | Mercatus Podcasts Mercatus Podcasts
- | Macro Musings Macro Musings
Veronique de Rugy on the Impending American Fiscal Crisis
What happens when neither taxing the rich nor cutting discretionary spending is enough?
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
What’s So Great About Fed Independence? | Qualified Opinions
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- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Veronique de Rugy discusses the cost of living | The John Batchelor Show
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- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Response to Request for Information on Supporting Flexible Work and Independent Contractors through Universal Savings Accounts
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- | Government Spending Government Spending
- | Federal Testimonies Federal Testimonies
Child Savings Accounts Are Not the Best Way to Help Low-Income Families Save
US Senate Committee on Finance | Child Savings Accounts and Other Tax-Advantaged Accounts Benefiting American Children -
- | Government Spending Government Spending
- | Federal Testimonies Federal Testimonies
"Bidenomics" Is Not the Solution to Helping Low Income Americans
US Senate Committee on the Budget | Reducing Inequality, Fueling Growth: How Public Investment Promotes Prosperity for All -
- | State Testimonies State Testimonies
State and Local Governments Have a Role to Play in Combatting Inflation
Pennsylvania House Majority Policy Committee -
- | Federal Testimonies Federal Testimonies
Inflation Is Largely a Demand-Side Problem
Senate Committee on Banking, Housing, and Urban Affairs | Building a Resilient Economy: Shoring Up Supply -
- | Federal Testimonies Federal Testimonies
Inflation Is Largely a Demand-Side Problem
Senate Committee on Banking, Housing, and Urban Affairs -
- | Public Interest Comments Public Interest Comments
Extending Ex-Im Bank Financing to Domestic Markets is a Solution in Search of a Problem
-
- | Federal Testimonies Federal Testimonies
Ex-Im Bank Competitiveness Doesn't Help Export Competitiveness
Ex-Im Bank Advisory Committee -
- | Corporate Welfare Corporate Welfare
- | Public Interest Comments Public Interest Comments
Is the Ex-Im Bank Bailing Out Its Favorite Borrower?
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- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Poor Americans Will Suffer from a Paid Leave Mandate
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The EITC's Success Story Was Always Thinner Than Advertised | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's time to take unserious presidential budgets seriously | Daily Herald
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously. | Reason
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's Time to Take Unserious Presidential Budgets Seriously | Creators Syndicate
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Federal Budget Mostly Benefits Seniors | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Bill America Can't Keep Ignoring | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Why the World Bank reversed its entire worldview | Los Angeles Times
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Et Tu, World Bank? Industrial Policy on the International Scene | Creators Syndicate
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Abundance Agenda Has a Tax Problem | The Unseen and The Unsaid
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Tax Code Is the Abundance Agenda’s Missing Villain | Civitas Institute
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- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The EITC's Success Story Was Always Thinner Than Advertised | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's time to take unserious presidential budgets seriously | Daily Herald
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Navigating Trade, National Security, and the Real Costs of Protectionism | Qualified Opinions
-
- | Government Spending Government Spending
- | TV Appearance TV Appearance
Bobby Kogan and Veronique de Rugy on President Trump's FY 2027 Budget Request | C-SPAN
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously. | Reason
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's Time to Take Unserious Presidential Budgets Seriously | Creators Syndicate
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
14. The Failures of Industrial Policy Guest: Veronique de Rugy | The John Batchelor Show
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Federal Budget Mostly Benefits Seniors | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Bill America Can't Keep Ignoring | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Why the World Bank reversed its entire worldview | Los Angeles Times
-
- | Research Papers Research Papers
Fiscal Sustainability: High Stakes and Low Interest
-
- | Government Spending Government Spending
- | Research Papers Research Papers
Flattening the Debt Curve: Empirical Lessons for Fiscal Consolidation
-
- | Corporate Welfare Corporate Welfare
- | Data Visualizations Data Visualizations
Ex-Im Favors High-Income Nations When Choosing What Exports to Support
-
- | Government Spending Government Spending
- | Research Papers Research Papers
Higher Education and the School-Work Mismatch in an Evolving Labor Market
-
- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Six Tariff & Trade Facts
-
- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Ex-Im Bank Aid to State-Owned Businesses Falls without a Quorum
-
- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
Accountability and the Ex-Im Bank: Country-Level Data
-
- | International Freedom and Trade International Freedom and Trade
- | Data Visualizations Data Visualizations
How Has Boeing Fared without the Ex-Im Bank’s Aid?
-
- | Government Spending Government Spending
- | Data Visualizations Data Visualizations
CBO Offers Many Options to Reduce the Federal Deficit
-
- | Corporate Welfare Corporate Welfare
- | Data Visualizations Data Visualizations
The Ex-Im Bank Is More Responsible without a Quorum
-
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Introduction: A Principled Approach to Tax Expenditures
A roadmap for a more efficient, fair, and growth-oriented tax code -
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Social Security Needs Fixing, Tax Increases on Savings Are Not the Solution
-
-
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Funding Parental Leave Today with Tomorrow’s Social Security Benefits Won’t Work
-
-
-
- | Policy Briefs Policy Briefs
Inflation in Times of High Debt
-
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Keynesian Stimulus: A Virtuous Semicircle?
-
- | Corporate Welfare Corporate Welfare
- | Policy Briefs Policy Briefs
The Economic Case against a Second Airline Payroll Bailout
-
- | Policy Briefs Policy Briefs
The Difficult Path to State Bankruptcy
-
-
-
- | Policy Spotlights Policy Spotlights
Wealth Taxes: Theoretical Promises vs. Real-World Performance
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Navigating Trade, National Security, and the Real Costs of Protectionism | Qualified Opinions
-
- | Government Spending Government Spending
- | TV Appearance TV Appearance
Bobby Kogan and Veronique de Rugy on President Trump's FY 2027 Budget Request | C-SPAN
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
14. The Failures of Industrial Policy Guest: Veronique de Rugy | The John Batchelor Show
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
The Chaplet of Divine Mercy and Will You Pay Lower Taxes Soon? | The Drew Mariani Show
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Modern Diplomacy and French Political Thought (with Luke Foster) | Qualified Opinions
-
- | Government Spending Government Spending
- | Radio Appearance Radio Appearance
How bipartisan spending on entitlement programs drives national debt | the John Batchelor Show
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
A Travesty of Economic Ignorance (with Peter Boettke) | Qualified Opinions
-
- | Monetary Policy Monetary Policy
- | Mercatus Podcasts Mercatus Podcasts
- | Macro Musings Macro Musings
Veronique de Rugy on the Impending American Fiscal Crisis
What happens when neither taxing the rich nor cutting discretionary spending is enough?
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
What’s So Great About Fed Independence? | Qualified Opinions
-
- | Government Spending Government Spending
- | Podcast Appearance Podcast Appearance
Veronique de Rugy discusses the cost of living | The John Batchelor Show
-
- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Response to Request for Information on Supporting Flexible Work and Independent Contractors through Universal Savings Accounts
-
- | Government Spending Government Spending
- | Federal Testimonies Federal Testimonies
Child Savings Accounts Are Not the Best Way to Help Low-Income Families Save
US Senate Committee on Finance | Child Savings Accounts and Other Tax-Advantaged Accounts Benefiting American Children -
- | Government Spending Government Spending
- | Federal Testimonies Federal Testimonies
"Bidenomics" Is Not the Solution to Helping Low Income Americans
US Senate Committee on the Budget | Reducing Inequality, Fueling Growth: How Public Investment Promotes Prosperity for All -
- | State Testimonies State Testimonies
State and Local Governments Have a Role to Play in Combatting Inflation
Pennsylvania House Majority Policy Committee -
- | Federal Testimonies Federal Testimonies
Inflation Is Largely a Demand-Side Problem
Senate Committee on Banking, Housing, and Urban Affairs | Building a Resilient Economy: Shoring Up Supply -
- | Federal Testimonies Federal Testimonies
Inflation Is Largely a Demand-Side Problem
Senate Committee on Banking, Housing, and Urban Affairs -
- | Public Interest Comments Public Interest Comments
Extending Ex-Im Bank Financing to Domestic Markets is a Solution in Search of a Problem
-
- | Federal Testimonies Federal Testimonies
Ex-Im Bank Competitiveness Doesn't Help Export Competitiveness
Ex-Im Bank Advisory Committee -
- | Corporate Welfare Corporate Welfare
- | Public Interest Comments Public Interest Comments
Is the Ex-Im Bank Bailing Out Its Favorite Borrower?
-
- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Poor Americans Will Suffer from a Paid Leave Mandate
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The EITC's Success Story Was Always Thinner Than Advertised | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's time to take unserious presidential budgets seriously | Daily Herald
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously. | Reason
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
It's Time to Take Unserious Presidential Budgets Seriously | Creators Syndicate
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Federal Budget Mostly Benefits Seniors | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Bill America Can't Keep Ignoring | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Why the World Bank reversed its entire worldview | Los Angeles Times
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Et Tu, World Bank? Industrial Policy on the International Scene | Creators Syndicate
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Abundance Agenda Has a Tax Problem | The Unseen and The Unsaid
-
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
The Tax Code Is the Abundance Agenda’s Missing Villain | Civitas Institute