by Dan Mitchell | Mar 27, 2022 | Blogs, Taxation
The economics of taxation is simple. The more you tax of something, the less you get of it. In some cases, such as taxing tobacco, people sometimes argue this is a good result. In other cases, such as taxing work, entrepreneurship,...
by Dan Mitchell | Mar 26, 2022 | Blogs, Uncategorized
One can be against war with Russia, against Ukrainian membership in NATO, and even be skeptical about NATO’s continued existence, but still cheer for Ukraine as it defends itself from Putin’s aggression. There are even some peaceful steps that the...
by Dan Mitchell | Mar 24, 2022 | Big Government, Blogs, Bureaucracy, Government Spending, Government Waste, States
My main objection to government employees is that they work for bureaucracies that should not exist (especially the ones in Washington). That being said, I also don’t like how bureaucrats are overpaid compared to workers in the productive sector of the...
by Dan Mitchell | Mar 23, 2022 | Big Government, Blogs, Government Spending, Taxation
I’ve identified seven reasons to oppose tax increases, but explain in this interview that the biggest reason is that it would be a mistake to give politicians more money to finance an ever-larger burden of government spending. I had two goals when responding this...
by Dan Mitchell | Mar 22, 2022 | Big Government, Blogs, Economics, Government Spending, Keynesian
The “bad penny” of Keynesian economics (based on the “broken window fallacy“) has returned, as I discussed in an interview last week. While I’m not a fan of Keynesianism, I tried to give a fair description of the theory. I pointed out that supporters think...
