by Dan Mitchell | Oct 20, 2015 | Blogs, Economics, Taxation
More than two years ago, I cited some solid research from the Tax Foundation to debunk some misguided analysis from the New York Times about the taxation of multinational companies. Well, it’s déjà vu all over again, as the late Yogi Berra might say. That’s because we...
by Dan Mitchell | Oct 16, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Federal government redistribution programs don’t work. We’ve ignored the lessons of history about the dangers of government intervention, so is it any mystery that we now have millions of people mired in dependency. Yet some people in Washington want to double down on...
by Dan Mitchell | Oct 6, 2015 | Blogs, Economics
Since it’s basically a way of protecting property rights, environmental protection is a legitimate function of government. That’s the easy part. It gets a lot harder when calculating costs and benefits. Everyone surely agrees that a chemical company shouldn’t be able...
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...
