by Dan Mitchell | Jan 4, 2026 | Blogs, Economics, Flat Tax, Taxation
CF&P released this video back in 2010, but I don’t think I’ve re-shared it since 2016, so let’s begin today’s column with a reminder that it is possible to have a simple and fair tax system. But since I’m an economist, I couldn’t resist pointing out in the video...
by Dan Mitchell | Dec 28, 2025 | Blogs, Economics, Featured, Trade
I don’t agree with Donald Trump’s view that trade deficits are bad. Why? Because I understand that a trade deficit is merely the flip side of a capital surplus. In other words, when foreigners earn dollars, they often think investing in the...
by Dan Mitchell | Dec 26, 2025 | Blogs, Economics
As explained in my four-part series (here, here, here, and here) and in this clip from a recent interview, Javier Milei’s first two years have been amazingly successful. There are two points in the interview that deserve emphasis. First, Javier Milei’s libertarian...
by Dan Mitchell | Dec 24, 2025 | Blogs, Economics, Free Market
For folks who aren’t busy with last-minute Christmas shopping (this book is a great gift), here’s a video looking at economic myths. The video begins with Professor Ben Powell debunking five myths about socialism. And it ends with me debunking seven myths about...
by Dan Mitchell | Dec 22, 2025 | Blogs, Economics
During the Biden years, I cited various data sources to show that his statist policies were hurting ordinary people. Employment-Cost Index Median Household Income Real Earnings But my criticisms were not based on partisanship. I praise both Republicans and...
