by Dan Mitchell | Jun 15, 2010 | Big Government, Blogs, Economic Growth, Taxation, Welfare and Entitlements
I’m normally not a big fan of the Paris-based Organization for Economic Cooperation and Development since it is an international bureaucracy that persecutes low-tax jurisdictions. But the economists at the OECD sometimes do good work (the same can be said of the...
by Dan Mitchell | Jun 15, 2010 | Big Government, Blogs, Economic Growth
The Wall Street Journal wisely warns against drawing too many conclusions from one month’s job data, but they also point out that the economy is much weaker than the White House claimed – in large part because of a series of public policy decisions that...
by Dan Mitchell | Jun 11, 2010 | Big Government, Blogs, Economic Growth, Taxation
Art Laffer has a compelling column in the Wall Street Journal, where he makes the case that future tax rate increases will cause considerable economic damage because people have an incentive to maximize income this year to take advantage of current tax rates –...
by Dan Mitchell | Jun 10, 2010 | Blogs, Economic Growth, Free Market, Taxation
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was...
by Dan Mitchell | Jun 9, 2010 | Blogs, Competition
For the past 15 years, America has been ranked as the world’s most competitive economy according to the Swiss-based IMD World Competitiveness Center. In the 2010 report that was recently released, the United States fell to number three, trailing Hong Kong and...