by Dan Mitchell | Mar 23, 2021 | Big Government, Blogs
I’ve been warning that the United States should not copy Europe’s fiscal policy, largely because living standards are significantly lower in nations with large welfare states. That’s true if you look at average levels of consumption in...
by Dan Mitchell | Mar 22, 2021 | Blogs, Economics, Taxation
As part of a video debate last year (where I also discussed wealth taxation, poverty reduction, and the inadvisability of tax increases), I pontificated on the negative economic impact of class-warfare taxation. To elaborate, I’m trying to help people understand why...
by Dan Mitchell | Mar 21, 2021 | Blogs, Taxation
My Eighth Theorem of Government is very simple. If someone writes and talks about poverty, I generally assume that they care about poor people. They may have good ideas for helping the poor, or they may have bad ideas. But I usually don’t...
by Dan Mitchell | Mar 19, 2021 | Blogs, Economics, Socialism
Socialism may be a miserable failure, everywhere and anywhere it is tried, but at least it provides comic relief. Such as this Remy video. Speaking of miserable failure, we have an example of Crazy Bernie trying to teach economics....
by Dan Mitchell | Mar 18, 2021 | Big Government, Blogs, Welfare and Entitlements
Here are four things to understand about poverty and dependency. Throughout most of human history, harsh material deprivation was the norm for the vast majority of people.The development of free enterprise and economic liberty led to dramatic...
