by Dan Mitchell | Apr 9, 2021 | Blogs, Economics
In this clip from a recent interview with Gunther Fehlinger, I explore the connection between two very important important economic concepts: Convergence and Wagner’s Law. Before launching into further discussion, let’s nail down two very important definitions....
by Dan Mitchell | Apr 8, 2021 | Blogs, Uncategorized
Back in 2012, I shared a video clip of Ice-T defending the 2nd Amendment, but that video is now dead, so I’m glad to see that Prager University has added his comments as a prologue to this defense of gun rights by Prof. Eugene Volokh. Ice-T and Prof. Volokh make for a...
by Dan Mitchell | Apr 7, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
Way back in 2007, I narrated this video to explain why tax competition is very desirable because politicians are likely to overtax and overspend (“Goldfish Government“) if they think taxpayers have no ability to escape. The good news is that tax competition has been...
by Dan Mitchell | Apr 6, 2021 | Blogs, Tax Competition, Taxation
The state of New York is an economic disaster area. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax Climate Index.New York is ranked #50 in the Freedom...
by Dan Mitchell | Apr 5, 2021 | Blogs, Taxation
There are two big policy debates about business profits. The first is whether profits are good or evil. I pick the former. Profits are something to applaud, assuming they are earned honestly (i.e., not the result of subsidies, industrial...