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...
by Dan Mitchell | Nov 9, 2023 | Blogs, States, Tax Competition, Taxation
State-to-state migration is an underappreciated issue, for both economic and political reasons. And I’ve explained that taxes play a huge role. In Part I of this series, we looked at how people – and taxable income – are moving from high-tax...
by Dan Mitchell | Nov 8, 2023 | Big Government, Blogs, Government Spending
Since I care about policies rather than politicians, yesterday’s most important election was a referendum that took place in Colorado. The big-spending lobbies once again tried to weaken the state’s spending cap, known as TABOR, or the Taxpayer Bill of...
by Dan Mitchell | Nov 7, 2023 | Blogs, Education
In recent years, we’ve seen dramatic expansions of school choice in West Virginia, Arizona, Iowa, Utah, Arkansas, Florida, Indiana, Oklahoma, and North Carolina. Given the crummy performance of government schools,...
by Dan Mitchell | Nov 6, 2023 | Big Government, Blogs, Welfare and Entitlements
When I ask my leftist friends to identify a nation that got rich with big government, the knowledgeable ones try to change the subject. The ones who are not well informed will oftentimes cite Denmark. It is true that Denmark has...
