by Dan Mitchell | Sep 1, 2016 | Blogs, Education
I’ve explained many times that an economy’s wealth and output depend on the quantity and quality of labor and capital and how effectively those two factors of production are combined. Let’s look today on the labor portion of that formula. And since I’ve...
by Dan Mitchell | Aug 31, 2016 | Blogs, Europe, Tax Competition, Taxation
European bureaucrats have made a new claim that countries are guilty of providing subsidies if they have low taxes for companies. I’m not joking. This is basically what’s behind the big tax fight between Apple, Ireland, and the European Commission. Here’s what I said...
by Dan Mitchell | Aug 30, 2016 | Blogs, Economics, Supply Side, Taxation
Our statist friends like high taxes for many reasons. They want to finance bigger government, and they also seem to resent successful people, so high tax rates are a win-win policy from their perspective. They also like high tax rates to micromanage people’s behavior....
by Dan Mitchell | Aug 29, 2016 | Blogs, Economics, Health Care
Way back in 2009, some folks on the left shared a chart showing that national expenditures on healthcare compared to life expectancy. This comparison was not favorable to the United States, which easily spent the most money but didn’t have concomitantly impressive...
by Dan Mitchell | Aug 28, 2016 | Blogs, Crime, Society
While I’m depressed about the election and America’s economic future, the news isn’t completely grim. Advocates of personal freedom are winning on the issue of guns. Gun ownership has become more pervasive and legal protections for the Second Amendment have expanded,...
