by Dan Mitchell | Sep 15, 2021 | Blogs, Economics, Free Market, Uncategorized
The Fraser Institute in Canada has released its latest edition of Economic Freedom of the World, an index that measure and ranks nations based on whether they follow pro-growth policy. Based on the latest available data on key indicators such...
by Dan Mitchell | Sep 14, 2021 | Blogs, Taxation
When I discuss class-warfare tax policy, I want people to understand deadweight loss, which is the term for the economic output that is lost when high tax rates discourage work, saving, investment, and entrepreneurship. And I especially want them to understand...
by Dan Mitchell | Sep 13, 2021 | Blogs, Health Care
Just like I’ve never had (until recently) any reason to define capitalism, I also have never felt any need to define libertarianism. Some people use the non-aggression principle, but that strikes me as more of a statement about how we should behave. What if...
by Dan Mitchell | Sep 12, 2021 | Big Government, Blogs
Time to update our series on “great moments in foreign government.” We’ll start with Jersey. I wrote a few years ago about the (relatively) good tax laws in that British dependent territory off the coast of France. But there are two ways those laws...
by Dan Mitchell | Sep 10, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
The welfare state and the so-called war on poverty has been very bad news for taxpayers. But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and...
