by Dan Mitchell | Jul 29, 2012 | Blogs, Economics, Tax Competition, Taxation
Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly...
by Dan Mitchell | Jul 23, 2012 | Big Government, Blogs, Economics, Free Market
As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending. It’s why he now echoes Elizabeth Warren’s claim...
by Dan Mitchell | Jul 21, 2012 | Blogs, Economics, Taxation
Mitt Romney is being criticized for supporting “territorial taxation,” which is the common-sense notion that each nation gets to control the taxation of economic activity inside its borders. While promoting his own class-warfare agenda, President Obama recently...
by Dan Mitchell | Jul 20, 2012 | Bailouts, Big Government, Blogs, Economics, Europe, Government Spending
The mess in Europe has been rather frustrating, largely because almost everybody is on the wrong side. Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s...
by Dan Mitchell | Jul 19, 2012 | Blogs, Economics, Free Market
One of the reasons why this blog is called International Liberty is that the world is a laboratory, with some nations (such as France) showing why statism is a mistake, other jurisdictions (such as Hong Kong) showing that freedom is a key to prosperity, and other...
