by Dan Mitchell | Jan 12, 2023 | Big Government, Blogs, Government Spending, States
When I write about fiscal policy, there are two ever-present themes. Bad tax policy reduces growth and competitiveness, driving away jobs, people, and investment.Bad spending policy occurs when budgets grow faster than the economy’s...
by Dan Mitchell | Jan 11, 2023 | Big Government, Blogs, Regulations
The nanny-state crowd in DC generates red tape with big macroeconomic costs. But also quality-of-life costs. Inferior light bulbsSubstandard toiletsInadequate washing machinesDribbling showersDysfunctional gas cansCrummy dishwashers And it seems they never...
by Dan Mitchell | Jan 10, 2023 | Big Government, Blogs
It’s not easy to identify America’s worst-governed city. You can make a case for jurisdictions such as San Francisco, Detroit, New York City, Minneapolis, or Seattle. For what it’s worth, there is statistical research from last...
by Dan Mitchell | Jan 9, 2023 | Blogs, Economics
Back in 2016, I shared three videos to explain the theory of “public choice,” which is simply the application of economic principles to understand the self-interested behavior of politicians, bureaucracies, and voters. Wonky readers will enjoy...
by Dan Mitchell | Jan 8, 2023 | Blogs, Tax Competition, Taxation
I’m a big fan of tax competition. Why? Because politicians are far more likely to keep tax rates low when they are afraid that jobs and investment can move to countries (or states) with better tax system. It also explains why tax rates...
