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The Best and Worst Fiscal Policies of Trump’s Presidency

The Best and Worst Fiscal Policies of Trump’s Presidency

by Dan Mitchell | Sep 10, 2020 | Big Government, Blogs, Economics, Government Spending

With the election less than two months away, there’s a lot of discussion and debate about Trump’s performance. I put together a report card last year showing that his economic policies have been a mixed bag, with good grades on tax and regulation, but bad grades...
“Stakeholder Capitalism”: When Big Business Curries Favor from Big Government

“Stakeholder Capitalism”: When Big Business Curries Favor from Big Government

by Dan Mitchell | Aug 25, 2020 | Big Government, Blogs

Milton Friedman was one of the the 20th century’s greatest defenders of capitalism and individual freedom. He had marvelous insights on issues such as fiscal policy, Sweden, tax competition, and other people’s money, but one of my favorite Friedman quotes is about the...
The Make-Believe Postal Service Panic and the Tenth Theorem of Government

The Make-Believe Postal Service Panic and the Tenth Theorem of Government

by Dan Mitchell | Aug 18, 2020 | Big Government, Blogs

Politicians and interest groups periodically fan the flames of temporary panic to push for misguided policy. We’ve already seen three big examples this century. The so-called PATRIOT Act was enacted in the feverish aftermath of 9-11, but many of its provisions simply...
Will America Learn from Japan’s Fiscal Decline?

Will America Learn from Japan’s Fiscal Decline?

by Dan Mitchell | Aug 10, 2020 | Big Government, Blogs, Government Spending

Compared to most of the world, Japan is a rich country. But it’s important to understand that Japan became rich when the burden of government was very small and there was no welfare state. Indeed, as recently as 1970, Japan’s fiscal policy was rated by Economic...
Greece Needs to Expand its Experiment with Supply-Side Economics

Greece Needs to Expand its Experiment with Supply-Side Economics

by Dan Mitchell | Aug 3, 2020 | Big Government, Blogs, Taxation

There’s a reason that Greece is almost synonymous with bad economic policy. The country has endured some terrible prime ministers, most recently Alexis Tsipras of the far-left Syriza Party. Andreas Papandreou, however, wins the prize for doing the most damage. He...
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