by Dan Mitchell | Dec 3, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
Earlier this year, extrapolating from a study by the nonpartisan Congressional Budget Office, Robert O’Quinn (former Chief Economist at the Department of Labor) and I authored a study on the economic impact of Biden’s fiscal plan. The results...
by Dan Mitchell | Dec 2, 2021 | Big Government, Blogs
When criticizing the IMF, I usually focus on how the bureaucrats relentlessly urge higher taxes. Indeed, I often complain about how the bailouts are provided only if countries agree to raise taxes (another lose-lose situation). Today, though, I want to write...
by Dan Mitchell | Dec 1, 2021 | Big Government, Blogs, Economics, Free Market, Government Spending
A couple of years ago, to help build the case against socialism, I showed how West Germany enjoyed much faster growth and much more prosperity than East Germany. The obvious lesson to be learned from this example of “anti-convergence” is that...
by Dan Mitchell | Nov 30, 2021 | Blogs, Trade
For self-interested reasons, I obviously like my video on the merits of free trade and the downside of protectionism. But now I’ll also be recommending this new video from Liberty International. It has some great examples, such as...
by Dan Mitchell | Nov 29, 2021 | Big Government, Blogs, Regulations
Tax issues such as depreciation, net operating losses, worldwide taxation, and carry forwards probably set the record for inducing boredom, but I suspect most people also have little interest in a workforce issue known as “employment...