by Dan Mitchell | Sep 26, 2025 | Blogs, Economics, Free Market
The newest edition of Economic Freedom of the World has been released by the Fraser Institute and I will continue my tradition (2024, 2023, 2022, 2021, 2020, 2019, etc) of putting a spotlight on major developments. We’ll...
by Dan Mitchell | Sep 25, 2025 | Blogs, Europe
To highlight preposterous examples of waste and malfeasance, I have three ongoing series: Great moments in state government Great moments in local government Great moments in foreign government Today, I have to create a new category. Because we’re going to cite an...
by Dan Mitchell | Sep 24, 2025 | Big Government, Blogs, Government Spending, Taxation
My 20th Theorem of Government is based on the very simple – but empirically rigorous – premise that the key fiscal variable is spending growth. If government is restrained, there are inevitably good outcomes. If government grows rapidly,...
by Dan Mitchell | Sep 23, 2025 | Blogs, Capital Gains, Economics, Supply Side, Taxation
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that...
by Dan Mitchell | Sep 22, 2025 | Blogs, Economics, Trade
Economic theory can be very instructive. If we understand the roles of incentives, cost-benefit analysis, and relative prices, for instance, that can help guide public policy. Higher tax rates on work will lower incentives to be productive by changing...