by Dan Mitchell | Oct 25, 2018 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
As illustrated by this video tutorial, I’m a big advocate of the Laffer Curve. I very much want to help policy makers understand (especially at the Joint Committee on Taxation) that there’s not a linear relationship between tax rates and tax revenue. In other words,...
by Dan Mitchell | Oct 24, 2018 | Blogs, Economics, Free Market
My favorite publication every year is Economic Freedom of the World. It’s filled with data on fiscal policy, regulatory policy, trade policy, monetary policy, and quality of governance for 162 jurisdictions, and it provides an unbiased way of gauging the degree to...
by Dan Mitchell | Oct 23, 2018 | Big Government, Blogs, Economics, Regulations
California is like France. Both are wonderful places to visit. They’re also great places to live if you’re part of the elite. But neither is the ideal option for ordinary people who want upward mobility. Back in 2016, I shared Census Bureau data showing that income...
by Dan Mitchell | Oct 19, 2018 | Blogs, Economics
I’m glad the United States is now ranked #1 in the World Economic Forum’s Global Competitiveness Report, though I point out in this interview that Trump’s performance is mostly a net wash. His sensible approach to tax and regulation is offset by his weak approach to...
by Dan Mitchell | Oct 16, 2018 | Blogs, Economics
When Trump imposes protectionist trade barriers, he doesn’t realize that the harm imposed on other nations is matched by damage to the U.S. economy. As I warn in this interview, something similar could happen if the federal government convinces other nations to reject...
