by Dan Mitchell | Aug 2, 2017 | Big Government, Blogs, Taxation
The internal revenue code is a reprehensible mess that torments taxpayers and undermines American competitiveness. The good news is that Americans don’t like the tax system. The bad news is that they don’t dislike it nearly as much as they should. At least in my...
by Dan Mitchell | Aug 1, 2017 | Big Government, Blogs, Economics, Welfare and Entitlements
The notion that government should automatically give everyone money – a policy known as “universal basic income” – is now getting a lot of attention. From an economic perspective, I acknowledge that the idea should not be summarily rejected. Here’s some of what I...
by Dan Mitchell | Jul 31, 2017 | Blogs, Health Care
In the eight years of writing this column, I’ve periodically confessed to certain fantasies. But you’ll notice that these fantasies don’t involve supermodels from Victoria’s Secret (though they did make a cameo appearance in one column). Instead, either because I’m...
by Dan Mitchell | Jul 30, 2017 | Big Government, Blogs
As a former Connecticut resident, I’m ashamed that my home state, which used to be a success story with no income tax, has morphed into a high-tax welfare state that is now increasingly infamous for the outflow of productive people and taxable income. And even though...
by Dan Mitchell | Jul 29, 2017 | Big Government, Blogs, Economics, Free Market
When I give speeches about the economic case for small government, one of my main points is that people in the private sector (workers, investors, managers, entrepreneurs, etc) are motivated by self interest to allocate labor and capital efficiently. To be more...