by Dan Mitchell | Nov 5, 2016 | Blogs, Economics, Laffer Curve, Taxation
I know exactly how Ronald Reagan must have felt back in 1980 when he famously said “There you go again” to Jimmy Carter during their debate. That’s because I endlessly have to deal with critics who try to undercut the Laffer Curve by claiming that it’s based on the...
by Dan Mitchell | Nov 4, 2016 | Big Government, Blogs, Economics, Free Market
I’m in Sweden, where I just spoke before Timbro (a prominent classical liberal think tank) about the US elections and the implications for public policy. My main message was pessimism since neither Donald Trump nor Hillary Clinton support genuine entitlement reform....
by Dan Mitchell | Nov 3, 2016 | Big Government, Blogs, Economics
In 2008, government spending consumed 50.9 percent of economic output in Greece according to OECD fiscal data. That same year, Greece’s score from Economic Freedom of the World was 7.12 (on a 0-10 scale), which was rather poor for a supposedly developed country and...
by Dan Mitchell | Nov 2, 2016 | Uncategorized
While the political world is consumed by the various scandals and baggage of the two main presidential candidates, let’s play a game of make-believe. Let’s pretend that politicians aren’t crooks and clowns and instead actually want to make America’s economy more...
by Dan Mitchell | Nov 1, 2016 | Big Government, Blogs
At the start of the year, I argued that capitalism was the way to get more growth in poor nations. Foreign aid, by contrast, hasn’t worked very well. …there’s a big difference between good intentions and good results. If you examine the evidence, it turns out that...
