by Dan Mitchell | May 3, 2015 | Blogs, Economics
Even small differences in economic growth make a big difference to living standards over time. I frequently share this chart, which highlights how long it takes to double economic output based on different growth rates. I also use real-world examples to show how some...
by Dan Mitchell | Apr 27, 2015 | Big Government, Blogs, Economics, Welfare and Entitlements
A nation’s prosperity is determined by the quantity and quality of labor and capital that are productively utilized. Which means that it doesn’t make sense to have policies that penalize either saving and investment or working. Yet that seems to be the favorite hobby...
by Dan Mitchell | Apr 23, 2015 | Blogs, Economics
When writing about economic growth, my usual approach is to point out that more output is a function of increases in the quantity and quality of labor capital.This is a helpful way of thinking about growth since it becomes easier to understand why certain policies are...
by Dan Mitchell | Apr 22, 2015 | Blogs, Economics
I don’t understand the left’s myopic fixation on income inequality. If they genuinely care about the less fortunate, they should be focused on policies that produce higher incomes. But instead, they agitate for class warfare and redistribution, which leads me to...
by Dan Mitchell | Apr 21, 2015 | Blogs, Tax Competition, Taxation
Nothing warms my heart and brings a smile to my face faster than news that taxpayers have successfully escaped the greedy and grasping claws of government. I cheered when successful French taxpayers moved across the border when Francois Hollande imposed a 75 percent...
