by Dan Mitchell | Nov 28, 2014 | Blogs, Economics, Taxation
I’ve written about the success of Hong Kong (particularly when compared to nations such as Cuba, France, and China), but haven’t paid as much attention to Singapore. But it’s time to correct that oversight. I’m motivated to write about Singapore because of a story...
by Dan Mitchell | Nov 27, 2014 | Big Government, Blogs, Economics, Free Market
Early this year, I shared an amusing but accurate image that showed an important difference between capitalism and socialism. And in 2012, I posted a comparison of Detroit and Hiroshima to illustrate the damage of big government. Well, if you combine those concepts,...
by Dan Mitchell | Nov 26, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation
I generally focus on the profligate habits and abusive tactics of the federal government in Washington, but that doesn’t mean other levels of government are well behaved. In a column for the Washington Post, Catherine Rampell outlines some of the reprehensible ways...
by Dan Mitchell | Nov 23, 2014 | Blogs, Economics, Tax Competition, Taxation
I don’t know whether it’s because I’m a libertarian or because I’m an economist, but I get very frustrated by the issue of corporate inversions. It galls me to hear demagogic politicians like Obama make absurd statements about “unpatriotic” corporations that...
by Dan Mitchell | Nov 16, 2014 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation
The Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) are congressional bureaucracies that wield tremendous power on Capitol Hill because of their role as fiscal scorekeepers and referees. Unfortunately, these bureaucracies lean to the left. When...
