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More Sloppy Analysis from the New York Times

More Sloppy Analysis from the New York Times

by Dan Mitchell | Oct 9, 2019 | Blogs, Economics, Taxation

The New York Times is going overboard with disingenuous columns. A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax. I also explained back in August how Steven Greenhouse butchered the data when he condemned the American...
Belated Applause for the “Washington Consensus”

Belated Applause for the “Washington Consensus”

by Dan Mitchell | Oct 5, 2019 | Blogs, Economics, Free Market

Last century, I remember reading about the “Washington Consensus,” which was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank, and U.S. Treasury. I never studied the...
More Economic Illiteracy from the New York Times

More Economic Illiteracy from the New York Times

by Dan Mitchell | Oct 3, 2019 | Blogs, Economics, Taxation

I sometimes mock the New York Times for dodgy and inaccurate writing about economics. Though, to be fair, the paper has many sound journalists who do a good job, so I should be more careful about explaining that the mistakes are the result of specific reporters and...
China: From Mao’s Failure to Partial Economic Reform to…?

China: From Mao’s Failure to Partial Economic Reform to…?

by CF&P | Oct 1, 2019 | Blogs, Economics

Today, October 1, is the 70th anniversary of communists seizing power in China. Given the horrible consequences of Mao’s rule, including tens of millions of deaths from famine and tyranny, this tweet from President Trump seems rather inappropriate. Congratulations to...
The Painful Impact of a Financial Transactions Tax

The Painful Impact of a Financial Transactions Tax

by Dan Mitchell | Sep 30, 2019 | Blogs, Economics, Taxation

I was interviewed a couple of days ago about rival tax plans by various Democratic presidential candidates. It’s the “Class Warfare Olympics,” and even Joe Biden is thinking about going hard left with a tax on financial transactions. It’s not just Joe Biden’s crazy...
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