by Dan Mitchell | Oct 7, 2022 | Big Government, Blogs
Local politicians can be just as greedy and callous as state politicians and national politicians. Even if it means mistreating poor people. Perhaps the best evidence for the preceding sentence is the way that traffic cameras are used to...
by Dan Mitchell | Oct 6, 2022 | Big Government, Blogs, Economics, Government Spending
At the end of last month, I wrote about the growth-maximizing size of government, citing a study that estimated that the public sector in Sudan should not consume more than 11.17 percent of the nation’s economic output. I realize that very few people care...
by Dan Mitchell | Oct 5, 2022 | Blogs, Tax Competition, Taxation
A big division among economists is whether taxes have a big or small impact on incentives. If taxpayers are very responsive, that means more economic damage (to use the profession’s jargon, a greater level of deadweight loss). If you’re wondering which economists...
by Dan Mitchell | Oct 4, 2022 | Blogs, Economics, Free Market, Socialism
I have a multi-part series making the case for capitalism (Part I, Part II, Part III, Part IV, Part V, and Part VI), and I’ve shared lots of long-run data showing how some people began to enjoy unimaginable...
by Dan Mitchell | Oct 3, 2022 | Uncategorized
A wealth tax is an extraordinarily destructive way for governments to generate revenue. It violates the principles of sensible tax policy and it does a lot of damage since people have less incentive to save and invest. It’s...
