by Dan Mitchell | Jun 30, 2015 | Blogs, Economics, Free Market
Folks on the left sometimes act as if the Nordic nations somehow prove that big government isn’t an impediment to prosperity. As I’ve pointed out before, they obviously don’t spend much time looking at the data. So let’s give them a reminder. Here are the rankings...
by Dan Mitchell | Jun 1, 2015 | Blogs, Economics, States, Taxation
Every so often, I get asked why I’m so rigidly opposed to tax hikes in general and so vociferously against the imposition of new taxes in particular. In part, my hostility is an ideological reflex. When pressed, though, I’ll confess that there are situations – in...
by Dan Mitchell | May 16, 2015 | Big Government, Blogs, Economics
There’s an old saying that you shouldn’t bite the hand that feeds you. Unfortunately, politicians in Washington don’t follow that advice. Let me explain. All economic theories – even Marxism and socialism – agree that capital formation is a necessary condition for...
by Dan Mitchell | May 3, 2015 | Blogs, Economics
Even small differences in economic growth make a big difference to living standards over time. I frequently share this chart, which highlights how long it takes to double economic output based on different growth rates. I also use real-world examples to show how some...
by Dan Mitchell | Apr 21, 2015 | Blogs, Tax Competition, Taxation
Nothing warms my heart and brings a smile to my face faster than news that taxpayers have successfully escaped the greedy and grasping claws of government. I cheered when successful French taxpayers moved across the border when Francois Hollande imposed a 75 percent...
