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Krugman’s “Gotcha” Moment Leaves Something to Be Desired

by Dan Mitchell | Jul 26, 2014 | Blogs, Economics, Taxation

I’ve had some fun over the years by pointing out that Paul Krugman has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and the United Kingdom. So I shouldn’t be surprised that he wants to catch me making an error. But...

The Economic Future of China and Hong Kong

by Dan Mitchell | Jul 23, 2014 | Blogs, Economics, Free Market

I’m currently in Asia, where I just finished a series of speeches about economic policy in China and Hong Kong. These two jurisdictions offer very powerful lessons about the importance of economic policy. Hong Kong is supposed to be Nirvana for libertarians. It holds...

For State Policy Makers, the Simple (Anti) Tax Solution for Faster Growth

by Dan Mitchell | Jul 20, 2014 | Blogs, Economics, Taxation

When people in other nations ask me for evidence in favor of low taxes, I often will ask them to compare the economic performance of a high-tax nation like France with the performance of a nation such as Switzerland with less onerous taxes. If I’m asked by Americans,...

Piketty’s Class-Warfare Tome: Bad Numbers, Bad Analysis

by Dan Mitchell | Jul 12, 2014 | Blogs, Economics

Why do statists make so many mistakes with data? Paul Krugman, for instance, has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and the United Kingdom. But Krugman isn’t alone. We also have Thomas Piketty, who was...

European Politicians Love the Underground Economy…When It Means They Can Spend More Money

by Dan Mitchell | Jul 11, 2014 | Big Government, Blogs, Economics, Europe, Government Spending

Libertarians tend to like – or at least have a grudging respect for – the underground economy. For instance, even if we’re personally very straight-laced, we don’t like government prohibitions against gambling, drugs, and prostitution. This is why we’re not upset when...
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