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The International Monetary Fund’s Recipe for Continued Poverty in the Developing World

by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation

The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...
The Upside-Down Logic of Subsidized Birth Control

The Upside-Down Logic of Subsidized Birth Control

by Dan Mitchell | Oct 12, 2017 | Blogs, Economics

When writing about the Obamacare and its birth-control mandate, I’ve made a handful of observations. First, it is very bureaucratic and inefficient to use insurance for routine medical expenses. Sort of like using auto insurance to cover the cost of getting an oil...
Child Labor, Economic Development, and the Folly of Good Intentions

Child Labor, Economic Development, and the Folly of Good Intentions

by Dan Mitchell | Oct 8, 2017 | Blogs, Economics

One of my great frustrations (and there are many) is that the conventional wisdom about economic history oftentimes is wrong. It is very common for students to learn things that simply are not true. The history books usually promote the myth that capitalism caused the...

Good News for the United States in Updated Rankings for Economic Freedom

by Dan Mitchell | Sep 29, 2017 | Blogs, Economics

A new annual edition of Economic Freedom of the World has been released. The first thing that everyone wants to know is how various nations are ranked. Let’s start at the bottom. I can’t imagine that anybody will be surprised to learn that Venezuela is in last place,...

The German Study Estimates Negative Impact of the Corporate Income Tax on Wages

by Dan Mitchell | Sep 23, 2017 | Blogs, Economics, Taxation

The most common arguments for reducing the 35 percent federal tax on corporate income usually revolve around the fact that having the developed world’s highest tax rate on business undermines competitiveness and reduces investment in America. And all of that is true....
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