by Dan Mitchell | Apr 11, 2023 | Blogs, Taxation
The economic argument against wealth taxation is very straightforward. Such a levy is akin to a very high marginal tax rate on saving and investment. Indeed, it’s quite possible that the effective tax rate would exceed 100 percent....
by Dan Mitchell | Apr 10, 2023 | Blogs, Economics, Supply Side
As documented in Commanding Heights: The Battle of Ideas, Margaret Thatcher and Ronald Reagan saved their nations from economic malaise and decline. Today, let’s focus on what happened in the United Kingdom. Economic liberty greatly...
by Dan Mitchell | Apr 8, 2023 | Big Government, Blogs, Europe, Government Spending
My “Golden Rule” of fiscal policy, first unveiled in 2011, is based on two principles. To enable more prosperity, the primary goal of fiscal policy should be to reduce the burden of government spending.To achieve good fiscal policy, cap government...
by Dan Mitchell | Apr 7, 2023 | Blogs, Financial Privacy
There are many strains of libertarianism, everything from Randians to liberaltarians, from minarchists to anarcho-capitalists. I’m guessing the one thing they all have in common is a distrust of politicians and government. Simply stated, we...
by Dan Mitchell | Apr 6, 2023 | Blogs, Free Market
Governments oftentimes are spectacularly incompetent. And when that happens, it creates an opening for the private sector to step up in rather unexpected ways. I’ve even created a semi-serious, semi-satirical series to commemorate these examples....
