by Dan Mitchell | Oct 22, 2019 | Big Government, Blogs, Government Spending, Taxation
While he’s not as outwardly radical as Elizabeth Warren, Bernie Sanders, and Kamala Harris, Andrew Yang has joined together two very bad ideas – universal handouts and a value-added tax. Needless to say, I was not overflowing with praise when asked to comment. At the...
by Dan Mitchell | Oct 21, 2019 | Blogs, Economics, Taxation
California is suffering a slow but steady decline. Bad economic policy has made the Golden State less attractive for entrepreneurs, investors, and business owners. Punitive tax laws deserve much of the blame, particularly the 2012 decision to impose a top tax rate of...
by Dan Mitchell | Oct 20, 2019 | Blogs, Uncategorized
Every so often, I share quirky examples of libertarian policy in places that generally are not associated with a laissez-faire approach to governance. Argentina Mexico Nigeria Today, we’re going to add Germany to our list. According to a report by Car and Driver, the...
by Dan Mitchell | Oct 19, 2019 | Blogs, Economics, Free Market
John Papola has done it again. His video showing a Keynes v. Hayek rap contest was superb, and was followed by an equally enjoyable sequel featuring a boxing match between Keynes and Hayek. Now he has a rap contest about capitalism and socialism featuring Ludwig von...
by Dan Mitchell | Oct 18, 2019 | Blogs, Economics
There’s an entire field of economics called “public choice” that analyzes the (largely perverse) incentive structures of politicians and bureaucrats. But is economic analysis also helpful to understand voting and elections? In the past, I’ve suggested that political...
