by Dan Mitchell | May 8, 2019 | Big Government, Blogs, Welfare and Entitlements
I’m a big fan of many of the economic reforms that have been implemented in Estonia, Latvia, and Lithuania. All three of the Baltic nations rank highly according to Economic Freedom of the World. Estonia and Lithuania are tied for #13, and Latvia isn’t far behind at...
by Dan Mitchell | May 7, 2019 | Big Government, Blogs, Bureaucracy, Taxation
I’m doing my third field trip to the United Nations. In 2012, I spoke at a conference that was grandiosely entitled, “The High Level Thematic Debate on the State of the World Economy.” I was a relatively lonely voice trying to explain that a bigger burden of...
by Dan Mitchell | May 6, 2019 | Blogs, Economics, Taxation, Trade
Back in 2015, when Trump was a long-shot candidate for the Republican nomination, I criticized him for not signing the no-tax-hike pledge. But he then pushed through a better-than-expected tax plan after getting the White House. And that package reduces the tax burden...
by Dan Mitchell | May 5, 2019 | Blogs
I wish my leftist friends understood the Laffer Curve. I also wish they understood the downsides of artificially low interest rates. And the Rahn Curve. And comparative advantage. But perhaps more than anything else, I wish they understood that poor people aren’t poor...
by Dan Mitchell | May 4, 2019 | Big Government, Blogs, Government Spending
Back in April, I observed that, “If you would have loudly condemned a policy under Obama but support a similar policy under Trump, you’re the problem.” We now have a good test case. The President already has demonstrated – repeatedly – that he likes to spend other...
