by Dan Mitchell | May 7, 2013 | Blogs, Economics, Free Market
I’ve written before about the remarkable vitality of Hong Kong and Singapore, two jurisdictions that deserve praise for small government and free markets. I have also praised Switzerland because of policies such as genuine federalism and financial privacy, and it goes...
by Dan Mitchell | May 6, 2013 | Big Government, Blogs, Economics, Government Spending
I can say with great confidence that government bureaucrats are overpaid compared to people in the productive sector of the economy. Why am I sure that this is true, particularly when the so-called Federal Salary Council claims bureaucrats are underpaid? For the...
by Dan Mitchell | May 2, 2013 | Blogs, Economics, Keynesian
President Bush imposed a so-called stimulus plan in 2008 and President Obama imposed an even bigger “stimulus” in 2009. Based upon the economy’s performance over the past five-plus years, those plans didn’t work. Japan has spent the past 20-plus years imposing one...
by Dan Mitchell | Apr 28, 2013 | Big Government, Blogs, Economics, Government Spending
For those who haven’t followed this issue, Kenneth Rogoff and Carmen Reinhart wrote an influential paper in 2010 arguing that government debt above 90 percent of GDP was associated with weaker economic performance. It turns out that the Rogoff and Reinhart made a...
by Dan Mitchell | Apr 26, 2013 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
Since I just left Monaco and am now in Geneva, this is an appropriate time to extol the virtues of so-called tax havens. But I don’t merely say nice things about low-tax jurisdictions when I’m in friendly environments. I believe in swinging my sword in the...
