by Dan Mitchell | May 31, 2016 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation
The Foreign Account Tax Compliance Act (FATCA) arguably is the worst feature of the internal revenue code. It’s an odious example of fiscal imperialism that is based on a very bad policy agenda. But there is something even worse, a Multilateral Convention on Mutual...
by Dan Mitchell | May 30, 2016 | Big Government, Blogs, Economics
I feel sorry for the Venezuelan people, but I’m perversely glad that the country is collapsing. That’s because it’s nice to have proof that Margaret Thatcher was right when she famously warned that the problem with socialism is that you eventually run out of other...
by Dan Mitchell | May 29, 2016 | Big Government, Blogs, Economics, Government Spending
The International Monetary Fund is a left-leaning bureaucracy that was set up to monitor the fixed-exchange-rate monetary system created after World War II. Unsurprisingly, when that system broke down and the world shifted to floating exchange rates, the IMF didn’t go...
by Dan Mitchell | May 28, 2016 | Blogs, Economics, Free Market
I’m in Marrakech where I just spoke about the importance of economic freedom and entrepreneurship. To close out my presentation, I zipped through several slides showing how nations with pro-market policies enjoy faster long-run growth than countries burdened by...
by Dan Mitchell | May 27, 2016 | Blogs, Energy
Whether they call it global warming or climate change, activists on the left are acting as if the issue is just an excuse to extort money and expand the power of government. In Part I, I wrote about kleptocrats exploiting the issue to shake down western governments...
