by Dan Mitchell | Dec 10, 2025 | Blogs, States, Taxation
I periodically share persuasive images, accompanied by “a picture says a thousand words.” The failure of government schools Obama’s grim employment data Inefficient and excessive welfare More capital means higher wages Protectionism breeds corruption Today, let’s add...
by Dan Mitchell | Dec 9, 2025 | Blogs, Trade
Back in 2018, I wrote about Trump’s foolish protectionism backfiring against American farmers. But rather than reverse the mistake of higher taxes on trade, Trump decided to take more money from taxpayers and give it to farmers. This was a tragic...
by Dan Mitchell | Dec 8, 2025 | Blogs, Taxation
I’m a big believer in the notion that taxes change behavior. I even have a five-part series (here, here, here, here, and here) emphasizing the point. The core insight is that people respond to incentives. But I also think there...
by Dan Mitchell | Dec 7, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
A lot has happened if you look at the past 100 years of German economic policy. Hyperinflation leading to Hitler’s National Socialists taking power. An impressive free-market revival after World War II. A growing welfare state after the imposition of a value-added tax...
by Dan Mitchell | Dec 6, 2025 | Blogs, Europe, Welfare and Entitlements
If you want to know why I’m pessimistic about Europe (particularly compared to the U.S.), this chart is a good example. It shows that many European nations have enormous long-run liabilities for their Social Security systems. It’s an...
