by Dan Mitchell | Oct 12, 2018 | Big Government, Blogs, Economics, Welfare and Entitlements
One of the more elementary observations about economics is that a nation’s prosperity is determined in part by the quantity of quality of labor and capital. These “factors of production” are combined to generate national income. I frequently grouse that punitive tax...
by Dan Mitchell | Oct 11, 2018 | Blogs
I’m not a big fan of the International Monetary Fund and I regularly criticize the international bureaucracy for its relentless advocacy in favor of higher taxes. But that’s not what worries me most about the IMF. To be sure, higher fiscal burdens undermine economic...
by Dan Mitchell | Oct 10, 2018 | Blogs, States
I recently wrote about the Tax Foundation’s State Business Tax Climate Index, which is a snapshot of current competitiveness (New Jersey is in last place, which shouldn’t surprise anyone). But what if we want to know which states are moving in the right direction or...
by Dan Mitchell | Oct 9, 2018 | Big Government, Blogs, Government Spending
I’ve been in Lebanon for the past few days, but not because I’m seeking a replacement for the Princess of the Levant. Instead, I’m here because the Lebanese Institute for Market Studies arranged a briefing in the Parliament on the perilous state of the nation’s...
by Dan Mitchell | Oct 8, 2018 | Blogs, Taxation
I’ve advocated for some of the President’s policies, but I’ve never defended Donald Trump when he’s personally attacked. That’s partly because I’m a policy wonk rather than political pundit, but also because many of the attacks seem justified. Indeed, his boorish...