by Dan Mitchell | Dec 13, 2018 | Blogs, Taxation
I’m not a fan of President Bush. The first one or the second one. Both adopted policies that, on net, reduced economic liberty. Today, let’s focus on the recently deceased George H.W. Bush (a.k.a., Bush 41). By all accounts, he was a very good man, but that doesn’t...
by Dan Mitchell | Dec 6, 2018 | Blogs, Economics, Taxation
Steve Moore and Art Laffer are the authors of Trumponomics, a largely favorable book about the President’s economic policy. I have a more jaundiced view about Trump. I’m happy to praise his good policies (taxes and regulation), but I also condemn his bad policies...
by Dan Mitchell | Dec 4, 2018 | Blogs, Economics
While capitalism is the only system to produce mass prosperity, I actually support free enterprise more because it is a moral system based on voluntary exchange. The various forms of statism, by contrast, are based on government coercion. But non-coercion not the only...
by Dan Mitchell | Dec 1, 2018 | Blogs, Economics, Trade
Three weeks ago, I shared a video about the economics of trade balances. Here’s the next video in the Freedom Partner series, which looks at why trade (whether inside a nation or across borders) makes our lives better. Simply stated, we would all be miserably poor if...
by Dan Mitchell | Nov 29, 2018 | Blogs, Economics, Taxation
The central argument against punitive taxation is that it leads to less economic activity. Here’s a visual from an excellent video tutorial by Professor Alex Tabarrok. It shows that government grabs a share of private output when a tax is imposed, thus reducing the...
