by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Apr 11, 2022 | Big Government, Blogs
Keynesian economics is based on the misguided notion that consumption drives the economy. In reality, high levels of consumption should be viewed an indicator of a strong economy. The real drivers of economic strength are private investment and private...
by Dan Mitchell | Apr 10, 2022 | Blogs, Tax Competition, Taxation
I’m a big fan of federalism. It gives people more freedom to choose the type of economic policy they prefer.A system of federalism promotes jurisdictional competition and policy innovation.Decentralization generates more evidence in...
by Dan Mitchell | Apr 9, 2022 | Blogs, Tax Competition, Taxation
As a fan of sensible tax policy and tax competition, I could not resist the opportunity to visit Andorra on my current trip to Europe (as part of the Free Market Road Show). Here’s a chart that will tells you everything you need to know....
by Dan Mitchell | Apr 8, 2022 | Blogs
You can actually learn a lot about sensible tax policy by looking at the behavior of professional athletes and sports franchises. Simply stated, people respond to incentives. That’s true in the United States. And it’s true overseas. We...
