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Obamanomics Is Causing Stagnation, Especially for Blacks

Obamanomics Is Causing Stagnation, Especially for Blacks

by Dan Mitchell | Apr 17, 2015 | Blogs, Economics

Way back in 2010, I shared two very depressing numbers to illustrate how Obama’s policies were creating “regime uncertainty.” I shared data on the cash reserves of companies and suggested it was bad news that those firms thought it made more sense to sit on money...

Equal Pay Day: Economic Illiteracy and Hillary Hypocrisy

by Dan Mitchell | Apr 15, 2015 | Blogs, Economics, Taxation

I realize it’s tax week and I should be condemning our convoluted tax code and oppressive IRS. But I can’t resist getting diverted to another topic. It’s time to debunk the notion that there is rampant sexism in the private economy that causes women to by...

Tax Policy, Double Taxation, Tax Reform, and the Proper Definition of Income

by Dan Mitchell | Apr 14, 2015 | Blogs, Economics, Taxation

With so many Americans currently filled with anxiety about their annual tax forms, this is the time of year that many people wistfully dream about how nice it would be to have a simple and fair flat tax. Unfortunately, there are many obstacles to better tax policy....

Help Developing Nations with Trade, Not Foreign Aid

by Dan Mitchell | Apr 11, 2015 | Blogs, Economics, Free Market

Free trade is a good moral concept for the simple reason that politicians and bureaucrats should not be allowed to interfere with voluntary transactions between consenting adults. It’s also a good economic concept for the simple reason that protectionists can’t...

The Free Market Works in Health Care…When It’s Allowed

by Dan Mitchell | Apr 9, 2015 | Blogs, Economics, Health Care

I’ve often complained that government-created third-party payer is the main problem with America’s healthcare system, and I was making that point well before Obamacare was imposed upon the country. The issue is very straightforward. In a genuine free market,...
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