by Dan Mitchell | Dec 21, 2015 | Blogs, Economics, Laffer Curve
Based on my writings, some people may think I’m 100 percent against higher taxes. But that’s not exactly true. In some cases, I like punitive taxation. Or, to be more precise, I sometimes take pleasure when punitive tax policy backfires on bad people. Here’s an...
by Dan Mitchell | Dec 20, 2015 | Blogs, Economics, Free Market
I wondered about my career choices last night because I was stuck with the very unpleasant task of live-tweeting the Democrat presidential debate. Cleaning out septic tanks would have been a more enjoyable way to spend my time. Of all the crazy things that were...
by Dan Mitchell | Dec 18, 2015 | Big Government, Blogs, Government Spending
The fact that there’s widespread support for spending caps from groups that support limited government is hardly a surprise. After all, we have lots of real world evidence that limits on the growth of government spending – if sustained for multi-year periods – can...
by Dan Mitchell | Dec 17, 2015 | Blogs, Economics, Minimum Wage
As you can see from this interview, I get rather frustrated by the minimum wage debate. I’m baffled that some people don’t realize that jobs won’t be created unless it’s profitable to create them. You would think the negative effects of a higher minimum wage in...
by Dan Mitchell | Dec 16, 2015 | Blogs, Economics
Whenever I pontificate about the health of the American economy, I feel like Goldilocks. Instead of arguing that the economic porridge is too hot or too cold, or that the economic bed is too hard or too soft, I conclude that we’re stuck in the middle. We generally...