by Dan Mitchell | Oct 20, 2014 | Blogs, Economics, Tax Competition, Taxation
I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, “capitalism has been the most effective ideology...
by Dan Mitchell | Oct 19, 2014 | Big Government, Blogs, Government Spending
The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the...
by Dan Mitchell | Oct 16, 2014 | Big Government, Blogs, Government Spending
Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general...
by Dan Mitchell | Oct 15, 2014 | Big Government, Blogs, Economics, Free Market, Government Spending
I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak)...
by Dan Mitchell | Oct 10, 2014 | Blogs, Economics, Free Market
Divided government is good for America’s economy. Or, to be more specific, divided government is a net plus if the alternative is to have statists fully in charge of economic policy. I made this point back in 2012 when I pointed out that the unemployment rate started...