by Dan Mitchell | Sep 4, 2017 | Blogs, Economics, Free Market
In prior years, I’ve shared some videos with powerful messages with a common message. Grinding poverty used to be the normal human condition, but then rule of law and limited government enabled a dramatic increase in prosperity. A video from Marginal Revolution on the...
by Dan Mitchell | Sep 3, 2017 | Blogs, Economics
Government subsidies have an unfortunate habit of causing widespread economic damage and often result in huge burdens for taxpayers (though sometimes consumers are the ones getting pillaged). Fannie Mae and Freddie Mac subsidies contributed to a massive housing...
by Dan Mitchell | Sep 2, 2017 | Blogs, Taxation
Why were the Reagan tax cuts so successful? Why did the economy rebound so dramatically from the malaise of the 1970s? The easy answer is that we got better tax policy, especially lower marginal tax rates on personal and business income. Those lower rates reduced the...
by Dan Mitchell | Aug 28, 2017 | Blogs, Economics
I generally use Texas as a good example when discussing public policy. Particularly compared to places such as California. I like the sensible attitude about guns, but the absence of an income tax is particularly admirable when considering economic issues, and I...
by Dan Mitchell | Aug 16, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian, Supply Side, Taxation
To be blunt, Republicans are heading in the wrong direction on fiscal policy. They have full control of the executive and legislative branches, but instead of using their power to promote Reaganomics, it looks like we’re getting a reincarnation of the big-government...
