by Dan Mitchell | Jan 28, 2018 | Blogs, Economics
The good news is that President Trump wants to boost economic growth, which is a laudable goal after the economy’s sub-par performance during the Obama years. The bad news is that he may sabotage his good reforms of tax policy and regulation with protectionism. In a...
by Dan Mitchell | Jan 25, 2018 | Blogs, Economics
I’ve just finished up a week of lectures and meetings in India. It was an interesting trip, but not an encouraging trip. My first observation is that Indians are enormously successful when they emigrate to the United States. And they also do very well when they...
by Dan Mitchell | Jan 24, 2018 | Blogs, Economics, Taxation
Last November, I wrote about the lessons we should learn from tax policy in the 1950s and concluded that very high tax rates impose a very high price. About six months before that, I shared lessons about tax policy in the 1980s and pointed out that Reaganomics was a...
by Dan Mitchell | Jan 20, 2018 | Blogs, Economics
I gave Trump 50-day grades and 100-day grades, but those were largely speculative assessments. Now we have a full year of data and that real-world evidence can be used to grade Trump’s first year in office. But before I get into the details, allow me to start with a...
by Dan Mitchell | Jan 16, 2018 | Blogs, Economics, Taxation
To put it mildly, Italy’s economy is moribund. There’s been almost no growth for the entire 21st century. Bad government policy deserves much of the blame. According to Economic Freedom of the World, Italy is ranked only 54th, the worst score in Western Europe other...