by Dan Mitchell | Mar 15, 2019 | Blogs, Economics, Trade
In a video I shared two months ago included a wide range of academic studies showing that government-imposed trade barriers undermine economic prosperity. Not that those results were a surprise. Theory teaches us that government intervention is a recipe for economic...
by Dan Mitchell | Mar 14, 2019 | Big Government, Blogs, Tax Competition, Taxation
I wrote a couple of weeks ago about how New York is committing slow-motion fiscal suicide. The politicians in Illinois must have noticed because they now want (another “hold my beer” moment?) to accelerate the already-happening collapse of their state. The new...
by Dan Mitchell | Mar 12, 2019 | Blogs, Economics, Taxation
When I write about the benefits of trade, I periodically point out that America has a trade deficit because it has a foreign investment surplus. And since investment is a key driver of economic growth and rising wages, that’s a good outcome. It basically means that...
by Dan Mitchell | Mar 11, 2019 | Big Government, Blogs, Economics
Socialism is a joke. It doesn’t work. And it is so often a gateway to totalitarianism. But that doesn’t mean it won’t happen. In this interview, I express my concern that the United States has passed a tipping point. In the discussion, I included my usual caveat...
by Dan Mitchell | Mar 9, 2019 | Blogs
During my early years in public policy, back in the late 1980s, I repeatedly crossed swords with people who argued that Washington should have more power over the economy so that the United States could compete with Japan, which supposedly was an economic juggernaut...
