by Dan Mitchell | Aug 17, 2022 | Blogs, Europe
I was a big fan of Brexit (the United Kingdom voting to leave the European Union), but I’m very disappointed about the subsequent failure to create “Singapore-on-Thames.” The above clip was my “under-reported story of the week,” as part of the most-recent...
by Dan Mitchell | Aug 16, 2022 | Blogs
Redistribution is a bad idea primarily because of economics. People getting handouts have less incentive to be productive and people paying taxes to finance that spending have less incentive to be productive. That translates...
by Dan Mitchell | Aug 15, 2022 | Blogs, Economics
Yesterday’s column was rather depressing, focusing on the expansion of a corrupt internal revenue service. To make matters worse, that IRS expansion is part of a larger package of new taxes and more spending. So let’s offset that bad...
by Dan Mitchell | Aug 14, 2022 | Big Government, Blogs
Sadly, Joe Biden’s plan for a bigger IRS is becoming reality. As you might imagine, I’m not happy. I’m motivated to share the above video, which was part of last week’s episode of The Square Circle, because it galls me to see some writers defend huge...
by Dan Mitchell | Aug 13, 2022 | Blogs, Economics, Health Care
The central message of “Mitchell’s law” is certainly not something I concocted. Economists and other policy experts have known for a couple of hundred years that politicians have a tendency to makes mistakes and then use the resulting damage as a justification...