by Dan Mitchell | Nov 3, 2018 | Blogs, Taxation
The mid-term elections take place on Tuesday and the crowd in DC is focused on who will control the House and Senate. I’ll make my (sometimes dubious, sometimes accurate) congressional predictions next week. The goal today is to call attention to the key initiatives...
by Dan Mitchell | Nov 2, 2018 | Blogs, Taxation
President Trump thinks he can boost Republicans next Tuesday by promising a new round of tax relief for the middle class. I’m skeptical of his sincerity, as noted in this segment from a recent interview, but I also warn that his proposed tax cut is impractical because...
by Dan Mitchell | Nov 1, 2018 | Blogs, Economics, Keynesian
I wrote in 2010 that Keynesian economics is like the Freddy Krueger movies. It refuses to die despite powerful evidence that you don’t help an economy by increasing the burden of government. In 2014, I wrote the theory was based on “fairy dust.” And in 2015, I said...
by Dan Mitchell | Oct 31, 2018 | Big Government, Blogs, Taxation
Like any sensible person, I want victimless crimes to be legalized. In part because I believe in freedom, but also for utilitarian reasons. I don’t approve of drugs and I’ve never used drugs, but I think the social harm of prohibition is greater than the social harm...
by Dan Mitchell | Oct 30, 2018 | Big Government, Blogs
My left-leaning friends periodically tell me that there’s a big difference between their benign policies of democratic socialism and the wretched track records of Marxist socialism, national socialism, and other forms of totalitarianism. I agree. Living in a European...