by Dan Mitchell | Mar 5, 2019 | Big Government, Blogs, Economics
What’s the worst thing the government does? That’s a difficult question to answer. I’ve argued that giving U.S. tax dollars to the OECD is the worst item in the budget, on a per-dollar-spent basis. And I’ve expressed scathing disdain for the horrid practice of civil...
by Dan Mitchell | Mar 1, 2019 | Big Government, Blogs, Economics, Government Spending
Back in January, I wrote about the $42 trillion price tag of Alexandria Ocasio-Cortez’s Green New Deal. To pay for this massive expansion in the burden of government spending, some advocates have embraced “Modern Monetary Theory,” which basically assumes the Federal...
by Dan Mitchell | Feb 26, 2019 | Blogs, Taxation
I’m currently in the Cayman Islands, which is one of my favorite places since – like Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other lucky places in the world – it has no income tax. At the risk of stating the obvious, the absence of an income tax has...
by Dan Mitchell | Feb 25, 2019 | Big Government, Blogs, Economics, Government Spending
When I’m asked for a basic tutorial on fiscal policy, I normally share my four videos on the economics of government spending and my primer on fundamental tax reform. But this six-minute interview may be a quicker introduction to spending issues since I had the...
by Dan Mitchell | Feb 24, 2019 | Blogs, Economics
I don’t always fully agree with Will Wilkinson of the Niskanen Institute, but I’m an avid reader of his work because he writes intelligently on issues that I care about. I especially like it when we’re on the same side. A good example is his recent column about...