by Dan Mitchell | Nov 17, 2020 | Blogs, Economics
Japan is an interesting country to examine if you want insights about public policy. We can study the impact of population aging on fiscal outcomes. We can learn about the utter failure of Keynesian economics. We can understand why it’s a very bad idea to impose a...
by Dan Mitchell | Nov 16, 2020 | Blogs, Taxation
In Part I of this series, I expressed some optimism that Joe Biden would not aggressively push his class-warfare tax plan, particularly since Republicans almost certainly will wind up controlling the Senate. But the main goal of that column was to explain that the...
by Dan Mitchell | Nov 15, 2020 | Blogs, Economics
I’m a big fan of New Zealand because the nation is a great example of how sweeping free-market reforms lead to very good results. The Kiwis got rid of all agriculture subsidies and farmers benefited. The Kiwis put the clamps on government spending, both in the 1990s...
by Dan Mitchell | Nov 14, 2020 | Big Government, Blogs, Economics
China is a success if you consider how economic freedom increased after Mao’s death and hundreds of millions of people were lifted out of unimaginable poverty. But I explain in this interview that China is also a failure because the reforms were too limited and the...
by Dan Mitchell | Nov 13, 2020 | Blogs, Economics, Taxation
During the campaign, Joe Biden proposed a massive tax increase, far beyond what either Barack Obama or Hillary Clinton put forth when they ran for the White House. Some people speculate that Biden isn’t actually that radical, and that his class-warfare agenda was...