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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,...
Three Cheers for Profits and Free Markets

Three Cheers for Profits and Free Markets

by Dan Mitchell | Apr 7, 2015 | Blogs, Economics, Free Market

What’s the most important factor for economic progress? There are several possible answers to that question. We can take a big-picture view and argue that the key is free markets and small government, and there certainly is lots of evidence in favor of this assertion...

Reduce Out-of-Control College Costs by Ending Government Subsidies

by Dan Mitchell | Apr 5, 2015 | Blogs, Economics, Education

I’ve written many times about the shortcomings of government schools at the K-12 level. We spend more on our kids than any other nation, yet our test scores are comparatively dismal. And one of my points, based on this very sobering chart from the Cato...
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