by Dan Mitchell | Jul 12, 2024 | Blogs, Financial Privacy
Earlier this year, I began a column about anti-money laundering laws with four observations. As a libertarian, I don’t like that the government forces banks to spy on customers. As an economist, I don’t like that these laws don’t come close to passing a...
by Dan Mitchell | Jul 11, 2024 | Blogs, Tax Competition, Taxation
The fundamental insight of supply-side economics is that people respond to incentives. So if the government imposes a high tax rate on income, people will try to avoid or evade the money grab. Especially if they have any ability to control the...
by Dan Mitchell | Jul 10, 2024 | Big Government, Blogs
Five years ago, I wrote that globalization is good, but that global governance is bad. That’s because globalization (as I define it) means free trade and other forms of cross-border economic activity. All of which is very consistent...
by Dan Mitchell | Jul 9, 2024 | Big Government, Blogs, Taxation
Citing a report in the New York Times, I wrote two days ago about how excessive government spending is the real reason for economic and political turmoil in Sri Lanka and Bolivia. Kenya and Pakistan also were featured in the story, but I didn’t focus on...
by Dan Mitchell | Jul 8, 2024 | Big Government, Blogs, Taxation
At the end of last week, I wrote about the Conservative Party’s crushing defeat in the United Kingdom. In that column, I cited the Wall Street Journal, which groused that the Tories didn’t deliver better economic policy. Indeed,...