by Dan Mitchell | Sep 8, 2020 | Big Government, Blogs, Government Spending, Taxation
New York is in trouble from bad economic policy, especially excessive taxing and spending. This is one of the reasons why there’s been a steady exodus of taxpayers from the Empire State. The problem is especially acute for New York City, which has been suffering from...
by Dan Mitchell | Sep 7, 2020 | Blogs, Economics
Way back in early 2017, I warned in an interview that Trump would be a big spender (sadly, I was right). But I wasn’t being reflexively anti-Trump. Here’s a clip from that same program where I speculated that Trump might have the political skill to win support from...
by Dan Mitchell | Sep 6, 2020 | Blogs, Economics
What’s the best economic news of the past 40 years? Was it Reaganomics, which restored America’s economic vitality? Was it the collapse of the Soviet Empire, which freed many nations from communist tyranny and allowed at least some of them to successfully shift to...
by Dan Mitchell | Sep 5, 2020 | Blogs, Economics, Free Market
Traditional economics, specifically convergence theory, tells us that poor nations should grow faster than rich nations. I’m more interested, however, in why convergence often doesn’t happen, or only partially happens. And I’m extremely interested in why we often...
by Dan Mitchell | Sep 4, 2020 | Blogs, Taxation
There are two reasons why I generally don’t write much about government debt. First, red ink is not desirable, but it’s mostly just the symptom of the far more important problem of excessive government spending. Second, our friends on the left periodically try to push...
