by Dan Mitchell | Apr 11, 2015 | Blogs, Economics, Free Market
Free trade is a good moral concept for the simple reason that politicians and bureaucrats should not be allowed to interfere with voluntary transactions between consenting adults. It’s also a good economic concept for the simple reason that protectionists can’t...
by Dan Mitchell | Mar 4, 2015 | Blogs, Economics, Taxation
In my 2012 primer on fundamental tax reform, I explained that the three biggest warts in the current system. High tax rates that penalize productive behavior. Pervasive double taxation that discourages saving and investment. Corrupt loopholes and cronyism that bribe...
by Dan Mitchell | Feb 16, 2015 | Blogs, Economics, Tax Competition, Taxation
Last September, I wrote that America’s business tax system is a nightmare that simultaneously undermines the competitiveness of American companies while also causing lots of irritation in other nations. Both of those bad things happen because politicians in Washington...
by Dan Mitchell | Feb 1, 2015 | Big Government, Blogs, Government Spending, Tax Competition, Tax Havens, Taxation
If nothing else, our leftist friends deserve credit for chutzpah. All around the world, we see concrete evidence that big government leads to stagnation and decay, yet statists repeatedly argue that further expansions in taxes and spending will be good for growth....
by Dan Mitchell | Jan 20, 2015 | Blogs, Economics, Tax Competition, Taxation
The most compelling graph I’ve ever seen was put together by Andrew Coulson at the Cato Institute. It shows that there’s been a huge increase in the size and cost of the government education bureaucracy in recent decades, but that student performance has been...