by Dan Mitchell | Aug 6, 2019 | Blogs, Economics, Trade
In this interview with Fox Business, I make my usual points (trade barriers are misguided, China is protectionist, Trump’s not responding wisely, etc). For today’s column, though, I want to discuss who actually bears the burden of Trump’s trade taxes. All of us...
by Dan Mitchell | Aug 5, 2019 | Blogs, Economics, Taxation
In my libertarian fantasies, we dramatically shrink the size of the federal government and return to pre-1913 policy by getting rid of the income tax. But if I’m forced to be at least vaguely realistic, the second-best option is scrapping the current tax code and...
by Dan Mitchell | Aug 4, 2019 | Blogs, Economics
I periodically mock the New York Times when editors, reporters, and columnists engage in sloppy and biased analysis. Claiming Medicaid cuts in a piece that shows rising outlays for the program. Asserting that government schools are “starved of funding” when taxpayer...
by Dan Mitchell | Aug 3, 2019 | Blogs, Economics, Free Market
Back in 2014, I shared two videos – one narrated by Deirdre McCloskey and the other narrated by Don Boudreaux – explaining how the world went from near-universal poverty to mass prosperity (at least in the nations that embraced free markets and the rule of law)....
by Dan Mitchell | Jul 29, 2019 | Blogs, Economics, Keynesian
Earlier this month, I commented on a Wall Street Journal report that expressed puzzlement about some sub-par economic numbers in America even though politicians were spending a lot more money. I used the opportunity to explain that this shouldn’t be a mystery....
