by Dan Mitchell | Feb 2, 2016 | Blogs, Economics, Free Market
The Index of Economic Freedom, my favorite Heritage Foundation publication, wasreleased today. As one might predict, Hong Kong once again ranks as the jurisdiction with the most liberty to engage in mutually beneficial exchange, followed by Singapore. Other highly...
by Dan Mitchell | Jan 30, 2016 | Blogs, Economics, Taxation
There is some very good news to share. The income tax will disappear in April! But there’s also some bad news. The income tax is only being abolished in the Caribbean nation of Antigua and Barbuda, and there’s little reason to think that America’s awful internal...
by Dan Mitchell | Jan 28, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
If everyone has a cross to bear in life, mine is the perplexing durability of Keynesian economics. I thought the idea was dead when Keynesians incorrectly said you couldn’t have simultaneously rising inflation and unemployment like we saw in the 1970s. Then I thought...
by Dan Mitchell | Jan 23, 2016 | Big Government, Blogs, Economics
Because I don’t like their plans for a value-added tax, some people seem to think that I am politically opposed to Rand Paul and Ted Cruz. That’s not true. Both Senators are generally strong proponents of free markets and limited government, so the fact that they have...
by Dan Mitchell | Jan 21, 2016 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
This isn’t intentional, but there’s been a European theme to this week’s posts. I wrote yesterday about economic chaos in France, and the previous day I wrote about the grim consequences of Italian statism. Today, we’re going to look at Greece. In the past, I’ve...
