by Dan Mitchell | Dec 4, 2022 | Blogs, Crime, Society
One of the reasons the western world became relatively rich in recent centuries is that “rule of law” evolved to constrain capricious and dictatorial behavior by government officials. But support for the “rule of law” as a concept does not mean blind...
by Dan Mitchell | Dec 3, 2022 | Blogs, Economics, Europe
I frequently call attention to my “anti-convergence club” because it shows – using decades of data – that you get more prosperity in nations with more economic liberty. And that’s true everyplace in the world. Including in Eastern Europe, as we can see from...
by Dan Mitchell | Dec 2, 2022 | Big Government, Blogs, Government Spending
As we have seen in nations such as Greece and Argentina, voters sometimes cannot resist the temptation to support profligate politicians – a process that can lead to “goldfish government.” In effect, voters choose fiscal suicide. There’s even a quote,...
by Dan Mitchell | Dec 1, 2022 | Blogs, Uncategorized
My views on gridlock were fully captured in the title of a 2015 column, which stated that divided government was “Better than the Alternative of Expanding Government.” And I followed up with a 2020 column that showed that spending restraint was more...
by Dan Mitchell | Nov 30, 2022 | Blogs, Taxation
I’ve written dozens of articles about the Laffer Curve and most of that verbiage can be summarized in these five points. The Laffer Curve helps to illustrate that excessive tax rates result in less taxable activity.All public finance economists –...
