by Dan Mitchell | Oct 13, 2018 | Big Government, Blogs, Welfare and Entitlements
Imagine being a poor person and getting to choose your country. Which one would you select? The answer probably depends on your goals in life. If you want to emulate “Lazy Robert” and be a moocher, you could pick Denmark. You’ll surely get more than enough money to...
by Dan Mitchell | Sep 29, 2018 | Blogs, States, Taxation
Politicians who preach class warfare repeatedly assert that we need higher taxes on “the rich.” Indeed, that’s been the biggest political issue (and oftentimes biggest economic issue) in every recent tax fight (the Trump tax reform and Obama’s fiscal cliff), as well...
by Dan Mitchell | Sep 26, 2018 | Blogs, Trade
I’m happy to discuss theory when debating economic policy, but I mostly focus on real-world evidence. That’s because my friends on the left always have a hard time answering my two-question challenge, which simply asks them to name one success story for big...
by Dan Mitchell | Sep 18, 2018 | Blogs, Taxation
Assuming elected officials care about the consequences of their actions, the obvious answer to a question isn’t always the right answer. Q: Why should a (sensible) politician oppose the minimum wage, especially since some workers will get a pay hike? A: Because the...
by Sven R. Larson | Sep 17, 2018 | Big Government, Blogs, Taxation, Welfare and Entitlements
I rarely get surprised these days by the pervasive economic illiteracy on the left. Yet precisely that happened when a friend sent me a link to an article in Forbes Magazine from back in April. The article claims that: Walmart’s low-wage workers cost U.S....