by Dan Mitchell | Jun 15, 2018 | Blogs, Economics, Taxation
One of the core principles of economics is that prices are determined by supply and demand. That includes the price of labor – i.e., the wages received by workers. Another core principle is that taxes create distortions by reducing demand and supply. Which is why it’s...
by Dan Mitchell | Jun 12, 2018 | Blogs, Economics
Back in 2015, I wrote about the scandal involving former House Speaker Dennis Hastert and said we got the right result (legal trouble for Hastert) for the wrong reason (government spying on financial transactions). Something similar happened over the weekend with the...
by Dan Mitchell | Jun 10, 2018 | Blogs, Economics, Energy, Regulations
During the Obama years, I criticized the President for various green-energy scamsthat squandered money and produced scandals such as Solyndra. And I also noted that many Republicans were happy to support corrupt subsidies to inefficient sources of energy so long as...
by Dan Mitchell | Jun 8, 2018 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
Since I consider myself the world’s biggest advocate for tax competition and tax havens (even when it’s risky), I’m always on the lookout for new material to share. So I was delighted to see a new monograph from the London-based Institute of Economic Affairs on the...
by Dan Mitchell | May 27, 2018 | Blogs, Economics, Flat Tax, Free Market, Taxation
Normally when I write about Georgia, it’s to wax poetic about the Glorious Bulldogs. But I’m currently in Tbilisi, the capital of the nation of Georgia, which is wedged between Russia, Turkey, Armenia, and Azerbaijan. So allow me to take this opportunity to highlight...
