by Dan Mitchell | May 12, 2014 | Blogs, Economics, Free Market
In the battle of ideas, supporters of capitalism and economic liberty sometimes face an uphill climb because of a perception of heartlessness. When companies get in trouble, we’re the mean people who don’t want to give bailouts. When workers are laid off, we’re the...
by Dan Mitchell | May 6, 2014 | Blogs, Economics, Taxation
Allister Heath, the superb economic writer from London, recently warned that governments are undermining incentives to save. And not just because of high tax rates and double taxation of savings. Allister says people are worried about outright confiscation resulting...
by Dan Mitchell | May 4, 2014 | Big Government, Blogs, Government Spending
Which nation is richer, Belarus or Luxembourg? If you look at total economic output, you might be tempted to say Belarus. The GDP of Belarus, after all, is almost $72 billion while Luxembourg’s GDP is less than $60 billion. But that would be a preposterous answer...
by Dan Mitchell | May 3, 2014 | Blogs, Economics, Tax Competition, Taxation
If you’re a regular reader, you already know I’m a big supporter of tax competition and tax havens. Here’s the premise: Politicians almost always are focused on their next election and this encourages them to pursue policies that are designed to maximize votes and...
by Dan Mitchell | May 2, 2014 | Blogs, Economics
The headlines from today’s employment report certainly seem positive. The unemployment rate has dropped to 6.3 percent and there are about 280,000 new jobs.* But if you dig into the details of the latest numbers from the Bureau of Labor Statistics, you find some...
