by Dan Mitchell | Nov 24, 2020 | Big Government, Blogs, Economics
Most readers care about economic developments and economic comparisons involving the United States. Some readers also care about what’s happening in other major nations, such as China, Germany, Italy, France, Japan, and the United Kingdom. Relatively few readers, by...
by Dan Mitchell | Nov 23, 2020 | Big Government, Blogs, Taxation
Public finance experts sometime differ in how to describe a value-added tax. Is it a hidden form of a national sales tax, imposed at each stage of the production process? Is it a hidden withholding tax on income, imposed at each stage of the production process? Both...
by Dan Mitchell | Nov 22, 2020 | Blogs, Education
There’s a lot of speculation that we’re in the midst of a political realignment, with Democrats becoming the party of the rich and the Republicans becoming the party of the working class. I don’t pretend to know whether this realignment is happening or what form it...
by Dan Mitchell | Nov 21, 2020 | Big Government, Blogs
Some policies will improve with Biden in the White House, most notably trade, but also government spending (not because Biden is good, but rather because Republicans will go back to pretending to be fiscally conservative). But some policies will move in the wrong...
by Dan Mitchell | Nov 20, 2020 | Blogs, Economics, Free Market
Previous editions of the case for capitalism (Part I, Part II, and Part III) have focused on big-picture analyses of markets vs statism. Today, let’s look at a specific product that free enterprise has delivered. Younger readers may take smartphones for granted, but I...
