I shared a chart back in February that shows how long it takes to double GDP based on different growth rates. For instance, if the economy grows only 1 percent per year, it takes 70 years before the economy doubles. Think Italy or some other decrepit European welfare…
Dan Mitchell
Daniel J. Mitchell is the President of the Center for Freedom and Prosperity and the Center for Freedom and Prosperity Foundation. Dr. Mitchell advocates limited government and fundamental tax reform, and is the nation’s leading opponent of tax harmonization schemes developed by the Brussels-based European Union, the Paris-based Organization for Economic Cooperation and Development (OECD), and the United Nations.
In addition to fiscal policy, Dr. Mitchell is a trenchant observer of economic developments and an expert on Social Security reform – particularly the fiscal policy impact of reform and what the US can learn from other nations that have created personal retirement accounts.
Some Praise for a Minor Part of Obamacare
I like to think that very few people despise Obamacare more than me. I don’t like Obamacare because it’s a fiscal boondoggle. I don’t like Obamacare because it’s bad healthcare policy. I don’t like Obamacare because it generated an embarrassingly bad decision by the…
Encouraging Polling Data…Plus Disturbing Policy Developments from Russia and the United Kingdom
The polling data I shared last month about confused young people was a bit of a downer, so let’s look at three different polls that are a bit more encouraging. First, I’m glad to see that many Americans feel that government and politicians are their leading cause of…
World Bank Research Shows Tax Complexity Facilitates Corruption
I don’t like international bureaucracies because they generally push for policies that expand the burden of government and undermine economic growth. But I recognize that there are some good people who work at these institutions and I’m always willing to acknowledge…
America’s Libertarian Moment?
I think libertarianism is the philosophy that best reflects human decency, but I sometimes wonder why libertarians aren’t more persuasive and why there aren’t any libertarian societies. However, maybe there’s a light at the end of the tunnel. I’ve been asked by…
Obama, Corporate Inversions, and Grotesque Hypocrisy
Last month, I put together a list of six jaw-dropping examples of left-wing hypocrisy, one of which featured Treasury Secretary Jacob Lew. He made the list for having the chutzpah to criticize corporate inversions on the basis of supposed economic patriotism, even…
Disgusting News and Great News about the Exercise of Second Amendment Freedoms
As a libertarian, it’s easy for me to get agitated about the theoretical burden of high taxes, wasteful spending, and costly regulation. But even regular people should get upset when they get exposed to specific examples of individuals who are victimized by abusive…
New Members of the Bureaucrat Hall of Fame…or a Great Moment in Government Waste
Which nation has the most costly bureaucracy? Well, if the answer is based solely on how much it costs to employ bureaucrats, you can see from this chart that Denmark comes in first place. As an American taxpayer, I’m glad to learn that there are other nations that…
Social Security’s Looming Fiscal Nightmare
With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the…
What Happens When Libertarian Fantasies Become Reality?
No, this post is not about that kind of fantasy. Instead, we’re dealing strictly with public policy and specifically addressing whether the libertarian agenda is unrealistic. This is because when I talk to people about libertarianism, they often will say something…