by Dan Mitchell | Jul 24, 2021 | Blogs, Capital Gains, Taxation
It’s presumably not controversial to point out that the Washington Post (like much of the media) leans to the left. Indeed, the paper’s bias has given me plenty of material over the years. As you can see, what really irks me is when the bias translates...
by Dan Mitchell | Jul 23, 2021 | Blogs, Economics, Free Market
In my four-part series on inequality (here, here, here, and here), I argue that that it is more important to instead focus on reducing poverty – especially since we know the policies needed to achieve that latter goal. In this discussion, I contemplate...
by Dan Mitchell | Jul 22, 2021 | Blogs, Economics, Free Market
Last year, I weighed in on the debate about whether companies should be operated for the benefit of owners (shareholders) or for the broader community (stakeholders). Unsurprisingly, I sided with Milton Friedman and argued that businesses have a...
by Dan Mitchell | Jul 21, 2021 | Blogs, Capital Gains, Taxation
More than 10 years ago, I narrated this video explaining why there should be no capital gains tax. The economic argument against capital gains taxation is very simple. It is wrong to impose discriminatory taxes on income that is saved and...
by Dan Mitchell | Jul 20, 2021 | Blogs, Economics, Socialism
Weird items sometimes show up in my inbox, and this clip from Nikole Hannah-Jones (creator of the academically shoddy 1619 Project) definitely qualifies. She actually cites the economic wasteland of Cuba as a role model for equality. Ms. Hannah-Jones...