by Dan Mitchell | Oct 13, 2019 | Blogs, Trade
Because of Trump’s poor grasp of trade issues, I warned at the end of July that trade negotiations with China might yield “something gimmicky (like purchasing X tons of soybeans or importing Y number of cars).” Well, Trump announced an agreement yesterday and I can...
by Dan Mitchell | Oct 12, 2019 | Blogs, Energy, Taxation
I’m not a big fan of the International Monetary Fund for the simple reason that the international bureaucracy undermines global prosperity by pushing for higher taxes, while also exacerbating moral hazard by providing bailouts to rich investors who foolishly lend...
by Dan Mitchell | Oct 11, 2019 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
I’m glad that Boris Johnson is Prime Minister for the simple reason that “Brexit” is far and away the most important issue for the United Kingdom. Whether it’s called a Clean Brexit or Hard Brexit, leaving the European Union is vital. It means escaping the transfer...
by Dan Mitchell | Oct 10, 2019 | Blogs, Economics, Supply Side, Taxation
In addition to being a contest over expanding the burden of government spending, the Democratic primary also is a contest to see who wants the biggest tax increases. Bernie Sanders and Elizabeth Warren have made class-warfare taxation an integral part of their...
by Dan Mitchell | Oct 9, 2019 | Blogs, Economics, Taxation
The New York Times is going overboard with disingenuous columns. A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax. I also explained back in August how Steven Greenhouse butchered the data when he condemned the American...
