by Dan Mitchell | May 3, 2016 | Big Government, Blogs, Economics
Let’s take a look at President Obama’s economic legacy. The Washington Examiner opines on President Obama’s remarkable claim that he saved the world economy. President Obama…wants to be remembered for…[being]…the savior of the American and global economies. “There are...
by Dan Mitchell | May 2, 2016 | Blogs, Economics
I’ve previously argued that private property rights are a vital component of a pro-environment agenda. Interestingly, the Washington Post sort of agrees. At least with regards to fisheries. In a recent editorial, it acknowledged that the current communal system...
by Dan Mitchell | May 1, 2016 | Blogs, Economics, Socialism
I’m a proud advocate and defender of capitalism for the simple reason that it is a system that is consistent with human freedom while also producing mass prosperity that was unimaginable for much of human history. Jurisdictions that embrace capitalism enjoy great...
by Dan Mitchell | Apr 30, 2016 | Blogs, Economics, Health Care, Taxation
What’s the worst loophole (properly defined) in the cluttered internal revenue code? I think the deduction for state and local taxes is very bad policy since it enables higher tax burdens in states such as California, New Jersey, and Illinois. The exemption for...
by Dan Mitchell | Apr 29, 2016 | Big Government, Blogs, Economics, Government Spending, Taxation
We can learn a lot of economic lessons from Europe. Never adopt a VAT unless you want much bigger government. Bigger government means lower living standards. Don’t believe Bernie Sanders about the Nordic nations. Today, we’re going to focus on another lesson, which is...
