by Dan Mitchell | Oct 12, 2018 | Big Government, Blogs, Economics, Welfare and Entitlements
One of the more elementary observations about economics is that a nation’s prosperity is determined in part by the quantity of quality of labor and capital. These “factors of production” are combined to generate national income. I frequently grouse that punitive tax...
by Dan Mitchell | Oct 7, 2018 | Big Government, Blogs, Economics, Government Spending
I explained last year that there is an inverse relationship between government efficiency and the size of government. And Mark Steyn made the same point, using humor, back in 2012. Interestingly, we have some unexpected allies. In a recently released study, two...
by Dan Mitchell | Oct 2, 2018 | Blogs, Economics, Health Care
Back in 2012, I shared a chart showing that workplace deaths declined substantially after the creation of the Occupational Safety and Health Administration. But I then shared a second chart showing that workplace deaths declined just as much before OSHA was created....
by Dan Mitchell | Oct 1, 2018 | Blogs, Economics, Free Market
Over the years, I’ve felt compelled to “debunk” various articles, columns, and speeches that fundamentally misrepresented and/or misunderstood key economic issues. A partial list includes Keynesian economics, the Laffer Curve, Obama tax propaganda, Elizabeth Warren’s...
by Dan Mitchell | Sep 27, 2018 | Blogs, Economics, Free Market
Since I’ve been writing a column every day since 2010, you can imagine that there are some days where that’s a challenge. But not today. The Fraser Institute has released a new edition of Economic Freedom of the World, which is like a bible for policy wonks. So just...
