by Dan Mitchell | Jun 15, 2024 | Blogs, Economics, Europe
Economic freedom has been declining in the United States in recent decades. But it’s also been declining in Western Europe over the same period. It’s almost as if politicians on both sides of the Atlantic are having a race to see who can do the...
by Dan Mitchell | Jun 14, 2024 | Blogs, Taxation
Less than two months ago, I shared a chart looking at tax burdens on saving and investment in the industrialized world. The nation with the lowest tax burden on capital was Lithuania (unsurprisingly, all of the Baltic countries scored...
by Dan Mitchell | Jun 13, 2024 | Blogs, Crime, Society
Proponents of drug legalization are dealing with good news and bad news. The good news is that there’s been a steady shift in favor of marijuana legalization. The weed is now legal in many states (albeit often over–taxed). The bad news is that...
by Dan Mitchell | Jun 12, 2024 | Blogs, Taxation
My view on rich people is very simple. I applaud them if they earn their money honestly (through voluntary exchange in a free market economy). And I want more people to become rich in the same way. Especially since the rest of us get...
by Dan Mitchell | Jun 10, 2024 | Blogs
As I wrote yesterday, trend lines are important for fiscal policy. If a government complies with Golden Rule over a multi-year period, that’s almost always a recipe for good fiscal outcomes. But if politicians allows the burden of spending to...
