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On Economic Matters, Is Obama Clueless, Indifferent, or Deliberately Destructive?

by Dan Mitchell | Dec 8, 2011 | Blogs, Economics

I’ve been a relentless critic of Obama’s policies of redistributionism, class warfare, and cronyism, so I didn’t feel I had anything new to say after Obama gave what’s being called his “Teddy Roosevelt speech” in Kansas earlier this week. But David Harsanyi has an...

China’s Economic Model Is Superior…if You Think U.S. Living Standards Should Drop by 80 Percent

by Dan Mitchell | Dec 1, 2011 | Blogs, Economics, Free Market

I’m glad that China has taken some steps away from communism. According to Economic Freedom of the World, China was one of 10-worst nations for economic liberty back in 1980 and they’ve since climbed to 92nd place out of 141 nations. I’ve even offered a small bit of...

In Defense of “Trickle-Down” Economics

by Dan Mitchell | Dec 1, 2011 | Blogs, Capital Gains, Economics, Taxation

Back in September, I posted a flowchart showing how the current tax system is biased against saving and investment. Simply stated, the federal government largely leaves you unmolested if you consume your after-tax income, but there are as many as four extra layers of...

Notwithstanding Media Coverage of Black Friday, Consumer Spending Does Not Drive Economy

by Dan Mitchell | Nov 28, 2011 | Blogs, Economics, Keynesian

By fighting for freedom in Washington, I’ve condemned myself to a life of frustration and aggravation. One of my many pet peeves is that so many people in DC believe that economic growth depends on consumer spending. Back in the early days of this blog, I wrote the...

European Economic Crisis Highlights an Increasingly Important Reason to Oppose Gun Control

by Dan Mitchell | Nov 27, 2011 | Big Government, Blogs, Economics, Government Spending

bout a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals. What made this conference remarkable was not the presentations, though...
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