by Dan Mitchell | Aug 8, 2018 | Blogs, Economics
I often discuss the importance of long-run growth and I pontificate endlessly about the policies that will produce better economic performance. But what about short-term fluctuations? Where are we in the so-called business cycle? I don’t think economists are good at...
by Dan Mitchell | Aug 5, 2018 | Big Government, Blogs, Energy, Regulations
I don’t like the tribal nature of American politics, in part because I get criticized for not playing the game. The pro-Trump crowd goes after me when I condemn the President’s protectionism and wasteful spending. And the anti-Trump crowd goes after me when I applaud...
by Dan Mitchell | Jul 31, 2018 | Blogs, Economics, Supply Side, Taxation
In the past few years, I’ve bolstered the case for lower tax rates by citing country-specific research from Italy, Australia, Germany, Sweden, Israel, Portugal, South Africa, the United States, Denmark, Russia, France, and the United Kingdom. Now let’s look to the...
by Dan Mitchell | Jul 30, 2018 | Blogs, Economics, Taxation
Earlier this month, I talked about the economy’s positive job numbers. I said the data is unambiguously good, but warned that protectionism and wasteful spendingwill offset some of the good news from last year’s tax reform. This is what’s frustrating about the Trump...
by Dan Mitchell | Jul 29, 2018 | Blogs, Economics
Move over, Crazy Bernie, you’re no longer the left’s heartthrob. You’ve been replaced by Alexandria Ocasio-Cortez, an out-of-the-closet socialist from New York City who will enter Congress next January after beating a member of the Democratic leadership. Referring to...