by Dan Mitchell | Sep 5, 2017 | Big Government, Blogs, Economics, Regulations
I like France, in part because it’s a nice place to visit, but also because I’ve been able to use the country as an example of bad public policy. Its tax system is a nightmare, leading entrepreneurs to escape to other nations (hardly a surprise when tax rates can...
by Dan Mitchell | Sep 4, 2017 | Blogs, Economics, Free Market
In prior years, I’ve shared some videos with powerful messages with a common message. Grinding poverty used to be the normal human condition, but then rule of law and limited government enabled a dramatic increase in prosperity. A video from Marginal Revolution on the...
by Dan Mitchell | Sep 3, 2017 | Big Government, Blogs, Economics
Government subsidies have an unfortunate habit of causing widespread economic damage and often result in huge burdens for taxpayers (though sometimes consumers are the ones getting pillaged). Fannie Mae and Freddie Mac subsidies contributed to a massive housing...
by Dan Mitchell | Sep 2, 2017 | Blogs, Taxation
Why were the Reagan tax cuts so successful? Why did the economy rebound so dramatically from the malaise of the 1970s? The easy answer is that we got better tax policy, especially lower marginal tax rates on personal and business income. Those lower rates reduced the...
by Dan Mitchell | Sep 1, 2017 | Blogs, Uncategorized
I like the Baltic nations, as illustrated by what I wrote last year. I’m a big fan of…Estonia, Latvia, and Lithuania. These three countries emerged from the collapse of the Soviet Empire and they have taken advantage of their independence to become successful...
