by Dan Mitchell | Feb 28, 2023 | Blogs, Taxation
Marginal tax rates (how much you are taxed for earning additional money) have a big impact on incentives to engage in productive activity such as work, saving, investment, and entrepreneurship. This is why governments should keep tax rates at modest levels. But as you...
by Dan Mitchell | Feb 27, 2023 | Big Government, Blogs
My Democratic friends correctly argue that Republicans have a corruption problem and my GOP friends correctly argue that Democrats have a corruption problem. I wish both sides would recognize that...
by Dan Mitchell | Feb 26, 2023 | Big Government, Blogs, Government Spending
In this segment from a December interview, I explain that budget deficits are most likely to produce inflation in countries with untrustworthy governments.* The simple message is that budget deficits are not necessarily inflationary. It depends how budget deficits are...
by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
by Dan Mitchell | Feb 24, 2023 | Blogs, Economics, Free Market
I frequently call attention to the “anti-convergence club” because of the many real-world examples showing that nations with free markets and limited governments enjoy much better economic performance. Here are just a few case studies. North Korea vs...
