Being in Favor of Markets Is Not the Same of Being in Favor of Business

by Dan Mitchell | Apr 1, 2013 | Bailouts, Blogs, Free Market

Folks, the pendulum is swinging in the right direction. In recent weeks, I’ve shared a bunch of examples to support my hypothesis that libertarians, small-government conservatives, and classical liberals are finally making some progress. This trend actually started...

Revenge of the Laffer Curve…Again and Again and Again

by Dan Mitchell | Mar 28, 2013 | Blogs, Economics, Laffer Curve, Taxation

If I live to be 100 years old, I suspect I’ll still be futilely trying to educate politicians that there’s not a simplistic linear relationship between tax rates and tax revenue. You can’t double tax rates, for instance, and expect to double tax revenue. Simply...

Let’s Enjoy a Victory – even if Temporary – in the Fight against More Bloat at the International Monetary Fund

by Dan Mitchell | Mar 26, 2013 | Blogs, Economics

I remember reading someplace that cockroaches were the only animals that would survive a nuclear war. I have no idea if that’s true, but it appears that international bureaucracies have similar survival skills. But I’m digressing. Here’s the situation. The IMF has...

Targeting Multinationals, the OECD Launches New Scheme to Boost the Tax Burden on Business

by Dan Mitchell | Mar 25, 2013 | Blogs, Economics, Tax Competition, Tax Harmonization, Tax Havens, Taxation

I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment. But that’s just the tip...

(Almost) Everything You Ever Wanted to Know about the Fiscal Policy Debate in a Single Chart

by Dan Mitchell | Mar 22, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation

I’m a sucker for a good flowchart because they either can help to simplify analysis or they can show how something is very complex. Some of my favorites include: This explanation of double taxation. This depiction of the no-win Greek economic crisis. Portrayals of...