by Dan Mitchell | Feb 12, 2022 | Blogs, Economics, Laffer Curve, Taxation
The Laffer Curve is a method for illustrating the relationship between tax rates, taxable income, and tax revenue. But it’s important to realize that there are actually lots of varieties. The Laffer Curve for capital gains taxes, for instance, will...
by Dan Mitchell | Feb 11, 2022 | Blogs, Education
What’s the main problem in K-12 education today? Based on news reports, one might think the top challenge involves hot-button social issues such as sex education and critical race theory. Or maybe pandemic policies such as masking, remote...
by Dan Mitchell | Feb 10, 2022 | Big Government, Blogs, Government Spending
I’ve repeatedly heaped praise on Ronald Reagan. I’ve also lauded Calvin Coolidge on several occasions. And I even once extolled the virtues of Grover Cleveland. Today, we’re going to celebrate the fiscal achievements...
by Dan Mitchell | Feb 9, 2022 | Blogs, Economics, Trade
Three years ago, I unveiled this video to help explain that trade deficits are nothing to worry about. The most important thing to understand from the video is that the flip side of a trade deficit is a capital surplus. To be more specific, foreigners earn dollars by...
by Dan Mitchell | Feb 7, 2022 | Blogs, Uncategorized
Admirable politicians are extremely uncommon. You’re more likely to spot a leprechaun or see the Loch Ness Monster. In general, the people who want to rule over us are a distasteful mix of narcissism and demagoguery. But some elected officials are...
