by Dan Mitchell | Mar 1, 2022 | Big Government, Blogs
Redistribution is bad economic policy. As the great Thomas Sowell observed, the people who finance redistribution are hurt because they get taxed for working and producing. And the people on the receiving end often are hurt because they get lured into...
by Dan Mitchell | Feb 28, 2022 | Big Government, Blogs
Spain is more economically backwards than most nations in Western Europe. As a public finance economist, my gut instinct is to blame bad fiscal policy. And there’s certainly plenty of evidence for that view. After all, taxes drive a...
by Dan Mitchell | Feb 27, 2022 | Blogs, Flat Tax, Taxation
At the state level, we have another victory for good tax policy. I wrote last month that Iowa might replace its discriminatory tax regime with a simple and fair flat tax. And I pointed out that this reform would help the state jump several spots in...
by Dan Mitchell | Feb 25, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation, Welfare and Entitlements
When I compare the United States and Europe, it’s usually because I want to make the point that people on the other side of the Atlantic have lower living standards in large part because there is a more onerous fiscal burden of government. Simply...
by Dan Mitchell | Feb 24, 2022 | Blogs, Economics, Free Market, Socialism
For most of human history, we’ve had primitive and impoverished societies based on feudalism and tribalism. The good news is that capitalism began to emerge a couple of hundred years. The parts of the world that adopted free enterprise...
