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Defending the World Bank

Defending the World Bank

by Dan Mitchell | Dec 11, 2016 | Big Government, Blogs, Economics, Tax Competition, Taxation

To be blunt, I don’t think the World Bank should exist. We don’t need an international bureaucracy to promote economic development in poor nations. Particularly since the policies that we know will work – free markets and small government – oftentimes are hindered by...
A Libertarian Quandary: Should Federal Bureaucracies Be Moved to the Hinterland?

A Libertarian Quandary: Should Federal Bureaucracies Be Moved to the Hinterland?

by Dan Mitchell | Dec 10, 2016 | Big Government, Blogs, Bureaucracy

I’m not a fan of federal bureaucracies and I don’t like the undeserved wealth of the Washington, DC metro region. So I’m very open to ideas that would address these problems. Paul Kupiec of the American Enterprise Institute suggests, in a thought-provoking column in...

Great Moments in Pentagon Incompetence and Waste

by Dan Mitchell | Dec 9, 2016 | Big Government, Blogs, Government Spending, Government Waste

Last month, I explained that America’s fiscal problems are almost entirely the result of domestic spending programs, particularly entitlements. Some critics immediately decided this meant I favored a blank check for the Pentagon, even though I specifically stated that...

Government, Cronyism, and the Gambling Industry

by Dan Mitchell | Dec 8, 2016 | Big Government, Blogs

I have a very consistent view of victimless crimes. 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 of legalization. I don’t particularly like alcohol and I am almost a teetotaler, but I’m...
Decision Time in the South Pacific: Income Tax or Mitchell’s Golden Rule?

Decision Time in the South Pacific: Income Tax or Mitchell’s Golden Rule?

by Dan Mitchell | Dec 7, 2016 | Blogs, Economics, Taxation

Can you identify the nation with the world’s 7th-friendliest tax system according to the Index of Economic Freedom? Don’t know the answer? Well, here’s a hint. If you don’t count Middle Eastern nations that finance their governments with oil money, this is the nation...
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