by Dan Mitchell | Oct 10, 2025 | Blogs, Economics, Trade
After Trump’s first term, right after he left office, I assessed his economic policy. I pointed out that Trump was good on some issues (taxes and regulation) and bad on others (spending and trade). The net result, I wrote, was that, “his...
by Dan Mitchell | Oct 8, 2025 | Blogs, Economics, Supply Side, Taxation
Part I of this series looked at how the capital gains tax discourages old people from selling their homes. Part II of this series looked at how a so-called luxury tax was distorting the vehicle market in Australia. For our third installment in the...
by Dan Mitchell | Oct 7, 2025 | Big Government, Blogs, Economics, Government Spending
I have a three-part series (here, here, and here) about a likely fiscal crisis hitting Europe. As a matter of fact, I don’t actually think it is “likely.” It’s a given at this point. The only mystery is which domino falls first. My pessimism is based on...
by Dan Mitchell | Oct 4, 2025 | Blogs, Economics, Free Market
More than 10 years ago, I warned that Ukraine was suffering from statism. In that column, I compared Ukraine’s economic anemia to Poland’s economic rebound and explained the gap was due to Poland’s pro-market reforms. That same year, I...
by Dan Mitchell | Sep 30, 2025 | Blogs, Economics, Supply Side, Taxation
There are several visual ways of helping people understand how fiscal policy (and especially marginal tax rates) can change behavior. The philoso-raptor meme. The questioning worker. Supply-and-demand curves. The Wizard-of-Id parody. To augment these examples,...