by Dan Mitchell | Sep 22, 2025 | Blogs, Economics, Trade
Economic theory can be very instructive. If we understand the roles of incentives, cost-benefit analysis, and relative prices, for instance, that can help guide public policy. Higher tax rates on work will lower incentives to be productive by changing...
by Dan Mitchell | Sep 20, 2025 | Blogs, Immigration, Society
My views on immigration are a bit unconventional. I very much believe people should have a right to leave countries (because of political oppression, high taxes, etc), but I don’t think that means other nations are obliged to welcome...
by Dan Mitchell | Aug 23, 2025 | Blogs, Economics, Socialism
When Zohran Mamdani won the Democratic nomination in the New York City Mayor’s race, many Republicans warned that his plan for government-run grocery stores was socialism. Since Mamdani wasn’t threatening (at least not yet) to shut down...
by Dan Mitchell | Aug 20, 2025 | Blogs, Economics, Trade
Every so often, I see a powerful visual that leads me to recycle the line about “a picture says a thousand words.” The failure of government schools Obama’s grim employment data Inefficient and excessive welfare More capital means higher wages Today, let’s add to the...
by Dan Mitchell | Aug 5, 2025 | Blogs, Trade
Many anti-trade politicians are motivated by “public choice,” which means they simply think of the issue as a way to get votes and campaign contributions. Donald Trump, however, seems to genuinely believe in protectionism. I think this is because...
