by Dan Mitchell | Jul 12, 2021 | Blogs, Economics, Free Market
I like capitalism, both because it’s moral and it delivers superior results compared to any alternative. I even have a 2-part series (here and here) on “defending capitalism” and a 5-part series on the “case for capitalism.” Part IPart...
by Dan Mitchell | Jul 11, 2021 | Big Government, Blogs, Government Spending
President Biden pushed through $1.9 trillion of new spending earlier this year, but that so-called stimulus plan was mostly for one-time giveaways. As I warn in this recent discussion on Denver’s KHOW, we should be much more worried about his proposals to permanently...
by Dan Mitchell | Jul 10, 2021 | Blogs, Uncategorized
Foreign aid is an expensive failure. American taxpayers have coughed up hundreds of billions of dollars in recent decades for various government-to-government handouts, and the total is far higher when you include the aid payments of other nations and the...
by Dan Mitchell | Jul 9, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
When President Biden proposed a “global minimum tax” for businesses, I immediately warned that would lead to ever-increasing tax rates. Ross Kaminsky of KHOW and I discussed how this is already happening. I hate being right, but it’s always safe to...
by Dan Mitchell | Jul 8, 2021 | Blogs, Economics
When I first looked at the issue of “basic income,” back in 2013, my gut reaction was deep skepticism. That’s because I feared many people would drop out of the labor force if they could live off government handouts (as illustrated by this Wizard-of-Id...
