by Dan Mitchell | Jun 11, 2014 | Blogs, Economics, Europe, Laffer Curve, Tax Competition, Taxation
When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate conservative” ideas to expand the burden of government. But even worse than...
by Dan Mitchell | Jun 8, 2014 | Blogs, Economics, Government Spending, Laffer Curve, Taxation
The title of this post sounds like the beginning of a strange joke, but it’s actually because we’re covering three issues today. Our first topic is corporate taxation. More specifically, we’re looking at a nation that seems to be learning that it’s foolish the have a...
by Dan Mitchell | May 14, 2014 | Blogs, Economics, Europe, Free Market
While theory is important, I suspect most people are more likely to be convinced by real-world evidence. This is why I frequently compare nations when arguing that free markets and small government are the best way of generating prosperity. Simply stated, I want...
by Dan Mitchell | May 4, 2014 | Big Government, Blogs, Government Spending
Which nation is richer, Belarus or Luxembourg? If you look at total economic output, you might be tempted to say Belarus. The GDP of Belarus, after all, is almost $72 billion while Luxembourg’s GDP is less than $60 billion. But that would be a preposterous answer...
by Dan Mitchell | May 3, 2014 | Blogs, Economics, Tax Competition, Taxation
If you’re a regular reader, you already know I’m a big supporter of tax competition and tax havens. Here’s the premise: Politicians almost always are focused on their next election and this encourages them to pursue policies that are designed to maximize votes and...