by Dan Mitchell | Oct 7, 2025 | Big Government, Blogs, Economics, Government Spending
I have a three-part series (here, here, and here) about a likely fiscal crisis hitting Europe. As a matter of fact, I don’t actually think it is “likely.” It’s a given at this point. The only mystery is which domino falls first. My pessimism is based on...
by Dan Mitchell | Oct 4, 2025 | Blogs, Economics, Free Market
More than 10 years ago, I warned that Ukraine was suffering from statism. In that column, I compared Ukraine’s economic anemia to Poland’s economic rebound and explained the gap was due to Poland’s pro-market reforms. That same year, I...
by Dan Mitchell | Sep 30, 2025 | Blogs, Economics, Supply Side, Taxation
There are several visual ways of helping people understand how fiscal policy (and especially marginal tax rates) can change behavior. The philoso-raptor meme. The questioning worker. Supply-and-demand curves. The Wizard-of-Id parody. To augment these examples,...
by Dan Mitchell | Sep 29, 2025 | Blogs, Economics
Earlier this month, shortly after some depressing results in a regional election in Argentina, I was interviewed by Patrick Young. In this clip, I express concern Argentine voters will backslide to Peronism. As one might expect, some people are...
by Dan Mitchell | Sep 28, 2025 | Blogs, Economics, Taxation
I often explain that the Laffer Curve does not mean that tax increases result in less revenue. In the vast majority of cases, politicians will get more money if they raise tax rates. What the Laffer Curve explains is that they probably won’t...
