by Dan Mitchell | Jul 13, 2019 | Big Government, Blogs, Economics, Socialism
I’ve repeatedly warned about the downsides of socialism, calling it “evil and stupid,” as well as a “dreary failure.” Though these debates can be frustrating because of vague definitions. Some people, when they talk about socialism, are referring to government...
by Dan Mitchell | Jul 12, 2019 | Blogs, Economics
I’ve just finished up a week of teaching at Northeastern University in Shenyang, China. I mostly taught public finance and explained issues such as marginal tax rates, double taxation, the Rahn Curve, the Laffer Curve, and the fiscal implications of demographic...
by Dan Mitchell | Jul 11, 2019 | Blogs, Taxation
I wrote last month about a group of leftist millionaires who said they should pay more in taxes. My response was to ask why they aren’t taking advantage of the existing process that allows them to send extra money to the federal government? There’s even a special...
by Dan Mitchell | Jul 10, 2019 | Blogs, Uncategorized
I was delighted to learn in 2013 that an overwhelming majority of Americans would disobey if politicians passed laws to confiscate private firearms. And we have firsthand evidence from Colorado and Connecticut that gun owners engage in widespread civil disobedience....
by Dan Mitchell | Jul 9, 2019 | Blogs, Economics, Keynesian
Given the repeated failures of Keynesian economic policy, both in America and around the world, you would think the theory would be discredited. Or at least be treated with considerable skepticism by anyone with rudimentary knowledge of economic affairs. Apparently...
