by Dan Mitchell | Sep 1, 2019 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
Speaking in Europe earlier this year, I tried to explain the entire issue of tax competition is less than nine minutes. To some degree, those remarks were an updated version of a video I narrated back in 2010. You’ll notice that I criticized the Organization for...
by Dan Mitchell | Aug 31, 2019 | Blogs, Uncategorized
While it’s very good to have a clean environment, many environmentalists don’t understand cost-benefit analysis. As such, they make our lives less pleasant –inferior light bulbs, substandard toilets, inadequate washing machines, crummy dishwashers, dribbling showers,...
by Dan Mitchell | Aug 30, 2019 | Blogs, Economics, Socialism
Three years ago, I shared a cartoon that succinctly summarized the problem with socialism and the welfare state. It’s the same lesson that we also get from Thomas Sowell, which is that redistribution over time creates an ever-larger number of dependents financed by...
by Dan Mitchell | Aug 29, 2019 | Blogs, Uncategorized
It’s time to add some new material to our collection of gun control satire. We’ll start with this clever use of rhetoric from the debate over illegal immigration. Seems like a very humane approach. Next, fans of Willy Wonka will appreciate this side trip into the land...
by Dan Mitchell | Aug 28, 2019 | Blogs, Economics
A few days ago, I observed in a television interview that economists are lousy forecasters. This was not a new revelation. Back in early 2010, I shared a graph that succinctly illustrated why economists shouldn’t be trusted when they make economic forecasts (later...
