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The IMF Is the Doctor Kevorkian of Global Economic Policy

by Dan Mitchell | May 23, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian

I don’t like giving international bureaucrats tax-free salaries. And it really galls me when they use their privileged positions to promote statism. So you can understand why I’m not a big fan of the International Monetary Fund. Whether we’re talking more spending,...
OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

by Dan Mitchell | May 17, 2013 | Blogs, Tax Competition, Taxation

I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using American tax dollars to promote a statist economic agenda. Most recently, it...

Another Example of Editorial-Page Fiction at the New York Times

by Dan Mitchell | May 14, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian

Are there any fact checkers at the New York Times? Since they’ve allowed some glaring mistakes by Paul Krugman (see here and here), I guess the answer is no. But some mistakes are worse than others. Consider a recent column by David Stuckler of Oxford and Sanjay Basu...
Tax and Expenditure Limits: The Challenge of Turning Mitchell’s Golden Rule from Theory into Reality

Tax and Expenditure Limits: The Challenge of Turning Mitchell’s Golden Rule from Theory into Reality

by Dan Mitchell | May 13, 2013 | Big Government, Blogs, Economics, Government Spending

The main goal of fiscal policy should be to shrink the burden of government spending as a share of economic output. Fortunately, it shouldn’t be too difficult to achieve this modest goal. All that’s required is to make sure the private sector grows faster than the...

Going Galt: More Americans Vote with their Feet against Obama

by Dan Mitchell | May 12, 2013 | Blogs, Economics, Tax Competition, Taxation

I’ve written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as France’s greedy politicians are now learning. It’s a lot...
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