by Dan Mitchell | Oct 1, 2022 | Blogs, Monetary Policy
Today’s column is about inflation and I want to start by recycling this clip from an interview back in April. The main message is that the Federal Reserve deserves the blame for inflation. America’s central bank created dramatically expanded...
by Dan Mitchell | Sep 30, 2022 | Big Government, Blogs, Economics, Government Spending
Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less...
by Dan Mitchell | Sep 29, 2022 | Blogs, Crime, Society
Two big-picture assumptions guide my views of law enforcement. First, there are some very bad people in the world. To protect the rest of us, I want government to catch, convict, and punish those thieves, rapists, murderers, and other low-life scum.Second,...
by Dan Mitchell | Sep 28, 2022 | Blogs, Economics, Taxation
It is disappointing that the bureaucrats at the International Monetary Fund routinely advocate for higher taxes and bigger government in nations from all parts of the world (for examples,...
by Dan Mitchell | Sep 27, 2022 | Blogs, Economics, Socialism
Based on Sunday’s election in Italy, the nation’s next Prime Minister almost certainly will be Giorgia Meloni, which has some worried that Italy is returning to the “far right” fascism of Benito Mussolini. From an economic perspective, though, it would...
