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A Primer on Tax Competition and the OECD

A Primer on Tax Competition and the OECD

by Dan Mitchell | Sep 1, 2019 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation

Speaking in Europe earlier this year, I tried to explain the entire issue of tax competition is less than nine minutes. To some degree, those remarks were an updated version of a video I narrated back in 2010. You’ll notice that I criticized the Organization for...
The Economics of Socialism (10 Seconds) and Unintended Consequences (4 Seconds)

The Economics of Socialism (10 Seconds) and Unintended Consequences (4 Seconds)

by Dan Mitchell | Aug 30, 2019 | Blogs, Economics, Socialism

Three years ago, I shared a cartoon that succinctly summarized the problem with socialism and the welfare state. It’s the same lesson that we also get from Thomas Sowell, which is that redistribution over time creates an ever-larger number of dependents financed by...
A Prosperity Contest: America’s Poor Vs. the Middle Class in Other Nations

A Prosperity Contest: America’s Poor Vs. the Middle Class in Other Nations

by Dan Mitchell | Aug 27, 2019 | Blogs, Economics, Europe

My primary job is dealing with misguided public policy in the United States. I spend much of my time either trying to undo bad policies with good reform (flat tax, spending restraint, regulatory easing, trade liberalization) or fighting off additional bad...
Trump, China, and Trade: Be Afraid, Be Very Afraid of I.E.E.P.A.

Trump, China, and Trade: Be Afraid, Be Very Afraid of I.E.E.P.A.

by Dan Mitchell | Aug 24, 2019 | Big Government, Blogs, Economics, Trade

Earlier this year, I identified Trump’s “worst ever tweet.” I was wrong. That tweet, which displayed an astounding level of economic ignorance, is now old news. Trump issued a tweet yesterday that is far worse because it combines bad economic theory with horrifying...
Ranking Trump’s Six Options for “Stimulus”

Ranking Trump’s Six Options for “Stimulus”

by Dan Mitchell | Aug 23, 2019 | Blogs, Economics, Taxation, Trade

I wrote two days ago about how the White House is contemplating ideas to boost the economy. This is somewhat worrisome since “stimulus” plans oftentimes are based on Keynesian economics, which has a terrible track record. But there are policies that could help growth...
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