by Dan Mitchell | Feb 21, 2021 | Blogs, Taxation
When politicians target “the rich” with class-warfare schemes like wealth taxes, it’s often ordinary people that bear the costs. For a painful example of how this works in the real world, check out the first 42 seconds of this video. From an economic...
by Dan Mitchell | Feb 20, 2021 | Blogs, Economics
I have mixed feelings about China’s economic policies. During the 1950s, 1960s, and 1970s, China was horrifically impoverished because of socialist policies. According to the Maddison database, the country was actually poorer under communism...
by Dan Mitchell | Feb 19, 2021 | Big Government, Blogs, Economics, Regulations
When I did my final assessment of Trump’s economic record, I gave him credit for cutting red tape in some areas, but also noted that he increased government intervention in other areas. …there were some very positive moves on regulation, but they were partly...
by Dan Mitchell | Feb 17, 2021 | Big Government, Blogs, States
To begin the seventh edition of our series comparing policy in Texas and California (previous entries in March 2010, February 2013, April 2013, October 2018, June 2019, and December 2020), here’s a video from Prager University. There will be a lot of information in...
by Dan Mitchell | Feb 16, 2021 | Blogs, Education
Whenever I’m asked to give an example of a powerful and persuasive visual, I always have an easy answer. The late Andrew Coulson created a very compelling chart showing that huge increases in money and staff for government schools have not led to...