by Dan Mitchell | Oct 5, 2015 | Blogs, Economics
Chile is one of the world’s economic success stories. Reforms in the 1980s and 1990s liberalized the nation’s economy and resulted in rapid increases in economic growth and big reductions in poverty. Unfortunately, the current government is pushing policy in the wrong...
by Dan Mitchell | Oct 4, 2015 | Big Government, Blogs, Economics
Whenever I need to explain the difference between socialism and capitalism, I start by noting that socialism technically is different from Obama-style big-government redistributionism and cronyism. Socialism involves something more pervasive, involving government...
by Dan Mitchell | Oct 1, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m pleasantly surprised by the tax plans proposed by Marco Rubio, Rand Paul,Jeb Bush, and Donald Trump. In varying ways, all these candidate have put forth relatively detailed proposals that address high tax rates, punitive double taxation, and distorting tax...
by Dan Mitchell | Sep 30, 2015 | Big Government, Blogs, Economics, Government Spending
Perhaps the least recognized and least appreciated triumph of the GOP Congress is the de facto spending freeze between 2009 and 2014. Fights over debt limits, sequestration,spending caps, and government shutdowns were messy and chaotic, but it’s hard to argue with the...
by Dan Mitchell | Sep 28, 2015 | Blogs, Economics, Taxation
It’s been a challenge to assess Donald Trump’s fiscal policies since they’ve been an eclectic and evolving mix of good and bad soundbites. Though I did like what he said about wanting to pay as little tax as possible because the government wastes so much of our money....
