by Dan Mitchell | Sep 29, 2016 | Blogs, Economics, Taxation, VAT
I’m not the biggest fan of Paul Krugman in his role as a doctrinaire advocate of leftist policy (he used to be within the mainstream and occasionally point out the risks of government intervention in his former role as an academic economist). It’s not just that he...
by Dan Mitchell | Sep 28, 2016 | Blogs, Economics, Taxation
My buddy from grad school, Steve Horwitz, has a column for CapX that looks at the argument over “trickle-down economics.” As he points out (and as captured by the semi-clever nearby image), this is mostly a term used by leftists to imply that supporters of economic...
by Dan Mitchell | Sep 9, 2016 | Big Government, Blogs, Economics, Regulations
Frederic Bastiat, the great French economist (yes, such creatures used to exist) from the 1800s, famously observed that a good economist always considers both the “seen” and “unseen” consequences of any action. A sloppy economist looks at the recipients of government...
by Dan Mitchell | Sep 7, 2016 | Blogs, Economics
I shared a very amusing column last year about “a modest proposal” to reduce income inequality. Written tongue-in-cheek by David Azerrad of the Heritage Foundation, the premise was that society could be made more “fair” by exiling – or perhaps even selling to the...
by Dan Mitchell | Sep 4, 2016 | Blogs, Economics
Communism should be remembered first and foremost for the death, brutality, and repression that occurred whenever that evil system was imposed upon a nation. Dictators like Stalin, Mao, Pol Pot, the North Korean Kim dynasty either killed more than Hitler, or butchered...
