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A Global Tax Cartel Will Hurt the World Economy, Particularly Developing Nations

A Global Tax Cartel Will Hurt the World Economy, Particularly Developing Nations

by Dan Mitchell | Jul 18, 2015 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation

What’s the best way to generate growth and prosperity for the developing world? Looking at the incredible economic rise of jurisdictions such as Hong Kong andSingapore, it’s easy to answer that question. Simply put in place the rule of law, accompanied by free markets...
Greece, Germany, and a Real-World Version of Atlas Shrugged

Greece, Germany, and a Real-World Version of Atlas Shrugged

by Dan Mitchell | Jul 17, 2015 | Big Government, Blogs, Economics, Europe, Government Spending

I suggested a couple of months ago that the economic turmoil in Greece and Venezuela is somewhat akin to a real-life version of Atlas Shrugged. And I’ve also used that analogy when writing about France and Detroit. But I’m probably not doing justice to Ayn Rand’s...
A Five-Picture Explanation of the Greek Mess

A Five-Picture Explanation of the Greek Mess

by Dan Mitchell | Jul 14, 2015 | Bailouts, Big Government, Blogs, Europe, Government Spending

I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout. But how many times can I write that the Greek government spends too much money and has a punitive tax system...

Haven’t the Greeks Suffered Enough?

by Dan Mitchell | Jul 12, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending

I very rarely feel sympathy for the people of Greece. Indeed, events over the past five years have even led me to write that “I hate the Greeks.” I also disparaged the people of Greece by stating on TV that they’ve beentrying to loot and mooch their way through life....

Lessons from China’s Stock Market Crash

by Dan Mitchell | Jul 11, 2015 | Big Government, Blogs, Economics, Free Market

When I first got to Washington in the mid-1980s, one of the big issues was the supposedly invincible Japanese economy. Folks on the left claimed that Japan was doing well because the government had considerable power to micro-manage the economy with industrial policy....
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