by Dan Mitchell | Nov 15, 2023 | Big Government, Blogs, Economics, Regulations
This week is focusing on Reaganomics, both to learn what happened in the 1980s and to determine whether similar policies are needed today. I’m citing a paper I wrote for the Club for Growth Foundation. In Part I, we reviewed Reagan’s successful record...
by Dan Mitchell | Nov 14, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In Part I of this series, I looked at Ronald Reagan’s reasonably successful track record on government spending (which could be characterized as fantastically successful when compared to other Republican presidents) and explained why we need...
by Dan Mitchell | Nov 13, 2023 | Big Government, Blogs, Economics, Government Spending
As a long-time admirer of President Reagan and his economic policies, I was very pleased to author a new study for the Club for Growth Foundation entitled Reaganomics for the 21st Century. In the report, I ask “Is it time for Reaganomics...
by Dan Mitchell | Nov 12, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
In Part I of this series, we explained why marginal tax rates matter. In Part II, we emphasized that low marginal tax rates are important. Today, in Part III, let’s consider the role of payroll taxes, especially hidden payroll taxes. To be more specific, governments...
by Dan Mitchell | Nov 10, 2023 | Big Government, Blogs, Europe
In economics, convergence theory is the common-sense observation that poor countries – in general – should grow faster than rich countries. But a general principle sometimes has exceptions, and that’s why I put together my anti-convergence club. If you...
